On January 13th, the Ministry of Industry and Trade announced that, according to data from the Viet Nam Customs Department, total bilateral trade between Viet Nam and India reached a record high of US$16.46 billion in 2025, an increase of 10.5% compared to 2024.

Of that total, exports from Viet Nam to India reached $10.3 billion, an increase of 14.2%, while imports from India reached $6.1 billion, an increase of 4.9%.

The product groups with large export turnovers or strong growth include telephones of all types and components, reaching US$2.1 billion, up 27%, accounting for 20.7% of total export turnover; computers, electronic products and components ranked second with US$1.7 billion, up 15.8%, accounting for 16.8%; and other machinery, equipment, tools and spare parts with US$1.05 billion, up 11.3%, accounting for 10.2%.

Other items showing significant growth include animal feed and raw materials (up 97%), pepper (up 54% to $74.2 million), plastic products (up 53% to $252.6 million), tea (up 27.5% to $4.7 million), and seafood (up 26% to $19.6 million). Additionally, chemicals (up 22.5% to $356.7 million), textiles (up 23% to $194.2 million), transport vehicles and parts (up 24% to $221.2 million), confectionery and cereal products (up 16.5% to $2.8 million), and chemical products (up 15% to $150.8 million).

Conversely, Viet Nam's imports from India during this period reached only $6.1 billion, an increase of 4.9% compared to the same period in 2024. Imports from India accounted for only 1.75% of Viet Nam's total imports. Notably, Viet Nam recorded a trade surplus of $4.23 billion with India in 2025, an increase of 31% compared to the same period in 2024.

The commodity structures between the two countries differ significantly. India supplies essential raw materials such as iron and steel, chemicals, pharmaceuticals, textiles, animal feed, and seafood; while Viet Nam strongly exports technology products, electronics, textiles, chemicals, wood, footwear, spices, coffee, and pepper. This complementarity helps mitigate risks and boost regional value chains.

Regarding Indian investment in Viet Nam, according to the Viet Nam Foreign Investment Agency, India has 378 projects with a total investment capital of over 1 billion USD in Viet Nam. The main investment sectors of India are energy, mineral processing, agricultural processing (coffee, tea, sugar), information technology, automotive components, pharmaceuticals, hotels, and infrastructure.

Conversely, according to the Indian Inland Trade and Industry Promotion Agency, as of 2022, Viet Nam had invested approximately $28.55 million in sectors such as consumer goods, electronics, construction, information technology, and pharmaceuticals in India.

In 2024, VinFast (Viet Nam) announced a $2 billion investment in an electric vehicle factory in Tamil Nadu, with Phase 1 worth $500 million, and planned to launch electric vehicles in 2025. In December 2025, Vingroup announced the signing of a Memorandum of Understanding (MoU) with the Government of Telangana State at the Telangana Rising Global Summit regarding a planned $3 billion investment, to be implemented in phases, aimed at developing a multi-sector ecosystem in the state.

With the strong economic growth of both countries, complementary market needs, and impetus from high-level visits and multilateral forums, Viet Nam-India trade is considered to have the full potential to reach $20 billion in the coming years.

In the context of a volatile global economy, India has emerged as a stable and reliable alternative partner, contributing to market diversification for Vietnamese businesses. The Vietnamese Trade Office in India remains committed to supporting businesses, promoting trade and investment connections, and elevating Viet Nam-India economic relations to a new level.

According to the Viet Nam Trade Office in India, from January 8-10, 2026, the Indusfood 2026 International Food and Beverage Fair, Asia's leading prestigious food trade event, will take place at the India Exposition Mart, Greater Noida, Uttar Pradesh, India.

Vietnamese businesses showcased a wide range of high-quality products, including processed products such as durian, jackfruit, frozen passion fruit, dried mango, dried jackfruit, coffee, and other food and beverage items. In particular, the Vietnamese booth attracted significant interest from Indian and international partners. The opening ceremony of the Vietnamese exhibition area was conducted solemnly with the participation of representatives from the Trade Office and local partners.

Besides export activities, the fair also saw active participation from a delegation of Vietnamese businesses, with nearly 20 companies attending to explore and exploit business opportunities for importing raw materials from India. Items of particular interest included buffalo meat, dairy products, and raw shrimp. The presence of this delegation contributed to promoting bilateral trade, diversifying the supply of raw materials for Viet Nam's food processing industry, and leveraging India's advantages in the agricultural and fisheries sectors.

Furthermore, participating in the Indusfood 2026 International Food and Beverage Fair helps Vietnamese businesses directly access global buyers and distribution chains; connect with partners, learn about new consumer trends, expand export markets to India as well as the Middle East, Africa and Europe, and increase imports of strategic raw materials.

Source: Tin Tuc News