#Top 10 Textile Exporters in India

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The Top 10 Furniture Exporters in 2024 – Who is Leading the Global Market

The global furniture market is experiencing significant growth, driven by factors such as increased disposable income, urbanization, and a rising demand for aesthetically appealing and functional furniture.  As the demand for high-quality furniture rises worldwide, several key players are leading the charge in furniture exports, setting benchmarks for design, quality, and sustainability.  In this blog, we will look at the Top 10 exporters of furniture in 2024, exploring who dominates the market and why.

Additionally, if you are searching for the Top 10 Furniture exporters in Gujarat, this article will highlight some key players who are making waves, particularly in the Indian market.

1.         China:  A Global Giant in Furniture Exports

China continues to dominate the global furniture export market in 2024, maintaining its position as the world’s largest furniture manufacturer and exporter.  China’s competitive edge lies in its vast production capacity, low labor costs, and efficient supply chain logistics.  Chinese companies produce a wide variety of furniture, ranging from affordable to luxury segments, catering to global markets with high demand.

Key Strengths:  Cost-effective production, diverse product range, and strong supply chain.

Major Export Destinations:  United States, Europe, Southeast Asia.

2.         Vietnam: Emerging Powerhouse in Furniture Exports

Vietnam has rapidly climbed the ranks to become the second-largest furniture exporter globally.  The country's growth is driven by its favorable business environment, access to high-quality raw materials, and skilled labor.  Vietnamese furniture, particularly wooden furniture, is gaining popularity due to its craftsmanship, competitive pricing, and eco-friendly practices.  Vietnam’s strong focus on sustainability and responsible sourcing has enhanced its reputation as a trusted exporter.

Key Strengths:  Skilled craftsmanship, eco-friendly furniture, and competitive pricing.

Major Export Destinations:  United States, Japan, Europe.

3.         Italy: A Legacy of Design Excellence

Italy has long been recognized as a leader in high-end, luxury furniture design.  Italian furniture is synonymous with elegance, quality, and innovation.  The country’s furniture industry boasts a rich tradition of artisanal craftsmanship, combined with cutting-edge technology.  Italian furniture exports primarily target the luxury market, making Italy one of the most sought-after destinations for premium furniture buyers.

Key Strengths:  High-end luxury designs, artisanal craftsmanship, and innovation.

Major Export Destinations:  United States, Middle East, Europe.

4.         Poland: Rising Star in European Furniture Exports

Poland has steadily established itself as one of the Top 10 furniture exporters in the world, thanks to its highly efficient production processes, access to European markets, and emphasis on quality.  The Polish furniture industry is known for producing modern, functional designs at competitive prices, making it a go-to supplier for furniture retailers across Europe and beyond.

Key Strengths:  Competitive pricing, modern designs, and proximity to European markets.

Major Export Destinations:  Germany, France, United Kingdom.

5.         Germany: Engineering Precision Meets Furniture Design

Germany’s furniture industry is known for its emphasis on engineering precision, quality materials, and sustainable production.  As one of the largest furniture exporters in Europe, Germany’s furniture sector caters to both residential and commercial markets.  German furniture manufacturers are renowned for their focus on sustainability, with eco-friendly materials and energy-efficient production methods.

Key Strengths:  High-quality engineering, sustainable production, and innovative designs.

Major Export Destinations:  United States, European Union, Asia.

6.         United States: Strong Domestic Production and Export Growth

While the United States is primarily a furniture importer, it also plays a significant role as a furniture exporter, particularly in high-end segments.  U.S. furniture manufacturers are known for their innovation, customization, and premium materials.  American furniture companies focus on producing contemporary designs, often tailored to meet specific customer needs.  This has helped U.S.  companies carve a niche in international markets.

Key Strengths:  Customization, premium materials, and contemporary designs.

Major Export Destinations:  Canada, Mexico, European Union.

7.         Malaysia: A Key Player in Southeast Asia’s Furniture Market

Malaysia is another rising star in the global furniture export market, particularly known for its wooden furniture.  With a strong focus on sustainable forestry practices and high-quality craftsmanship, Malaysia’s furniture industry continues to expand its global footprint.  The country’s strategic location and access to abundant raw materials have made it a key exporter to markets in Europe, the United States, and the Middle East.

Key Strengths:  Sustainable sourcing, quality craftsmanship, and competitive pricing.

Major Export Destinations:  United States, Europe, Middle East.

8.         India: A Growing Force in Global Furniture Exports

India has been steadily growing its presence in the global furniture market, particularly as one of the Top 10 Furniture exporters in Gujarat.  Indian furniture manufacturers offer a blend of traditional craftsmanship with modern designs, making their products appealing to both domestic and international markets.  Gujarat, in particular, has become a hub for furniture production, with companies focusing on high-quality, sustainable, and handcrafted furniture.

India’s growing furniture industry benefits from its vast pool of skilled artisans, access to raw materials, and an expanding global customer base.  Indian exporters are increasingly recognized for offering customized, handmade furniture, which is in high demand in markets such as the U.S.  and Europe.

Key Strengths:  Handcrafted designs, sustainable materials, and customization.

Major Export Destinations:  United States, Europe, Middle East.

9.         Turkey: Blending Tradition with Modern Innovation

Turkey’s furniture industry is characterized by its blend of traditional craftsmanship with contemporary designs.  The country’s strategic location, connecting Europe and Asia, gives it a unique advantage in global trade.  Turkish furniture manufacturers are known for their innovative designs, attention to detail, and competitive pricing, making them one of the Top 10 furniture exporters globally.

Key Strengths:  Strategic location, blend of tradition and modernity, and competitive pricing.

Major Export Destinations:  Europe, Middle East, Africa.

10.       Indonesia: Traditional Craftsmanship Meets Global Demand

Indonesia’s furniture industry is deeply rooted in its rich heritage of craftsmanship, particularly in wooden furniture.  The country is a significant exporter of teak and other hardwood furniture, valued for its durability and aesthetic appeal.  Indonesian furniture is known for its intricate designs and use of natural materials, which resonate well with eco-conscious consumers.  With a growing focus on sustainability and responsible sourcing, Indonesia is cementing its position as a leading furniture exporter.

Key Strengths:  Sustainable hardwood furniture, traditional craftsmanship, and eco-friendly designs.

Major Export Destinations:  United States, Europe, Asia.

Best Exporter of Furniture – Who Tops the List?

When it comes to identifying the Best exporter of Furniture globally, it is essential to consider factors such as product quality, innovation, sustainability practices, and market reach.  While China continues to lead in terms of volume, countries like Italy, Vietnam, and Poland are gaining ground due to their focus on design, craftsmanship, and eco-friendly practices.

For those looking for the Top 10 Furniture exporter in Gujarat, India is making significant strides in the furniture industry.  Gujarat has emerged as a key player in furniture exports, with companies that focus on high-quality, handcrafted furniture.  The state’s strong manufacturing capabilities, coupled with skilled artisans and sustainable production practices, have positioned it as a rising force in global furniture exports.

Conclusion

As the global furniture market continues to evolve, several countries have distinguished themselves as the Top 10 exporters of furniture in 2024.  From China’s dominance in mass production to Italy’s luxury craftsmanship and Vietnam’s focus on eco-friendly practices, these exporters are shaping the future of the global furniture industry.

For businesses and consumers alike, understanding the strengths of each exporting country can help in making informed purchasing decisions.  Whether you are in the market for high-end luxury furniture or cost-effective, sustainable options, the global furniture export market offers a diverse range of choices to meet every need.

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Top 10 Textile Exporters in India

Textiles play an important role in the fast fashion industry and require constant attention. Textile exports from India are quite popular. Numerous Indian textile exporters ship large amounts of textiles abroad, according to Indian textile exports statistics.

[henrywilson123]

India's vital textile industry, with vast cotton fields and active garment manufacturers, leads in silk, wool, and cotton. Exports surged to $16B in FY22, set to surpass $45B by 2031. Check out current trends with updated HS codes. Explore the Blog about India's textile exports. You'll get access to a list of textile exports from India and updated insights.

Visit Blog: https://www.seair.co.in/blog/textile-exports-from-india.aspx

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Trusted APET Sheet Manufacturer, Exporter & supplier in India - Lyka Global Plast LLP. 

In the ever-evolving landscape of packaging materials, the demand for sustainable solutions has become more pronounced than ever. Lyka Global Plast LLP emerges as a trusted leader, offering premium APET sheets that redefine packaging standards. With a commitment to excellence and sustainability, Lyka Global Plast LLP stands out as the best RPET sheet exporter from India, providing top-notch products that meet diverse industry needs. 

As a leading APET sheet manufacturer, exporter, and supplier in India, Lyka Global Plast LLP ensures that businesses have access to high-quality materials that not only elevate their packaging solutions but also align with their sustainability goals. With a comprehensive range of products and services, Lyka Global Plast LLP caters to a wide spectrum of industries, including food and beverage, pharmaceuticals, cosmetics, and more. 

At Lyka Global Plast LLP, quality and affordability go hand in hand. Businesses can buy RPET sheets at the best prices in Gujarat, India, without compromising on quality or performance. This commitment to providing cost-effective solutions has earned Lyka Global Plast LLP a reputation as one of the top RPET sheet manufacturers and suppliers in India. 

In addition to APET sheets, Lyka Global Plast LLP also specializes in other sustainable materials, including RPET flakes and textile-grade RPET chips. As a prominent RPET material manufacturer and supplier, Lyka Global Plast LLP ensures consistency and reliability in every product, meeting the stringent requirements of various industries. 

Lyka Global Plast LLP's dedication to excellence extends beyond product quality to encompass environmental responsibility. With a focus on the circular economy model, Lyka Global Plast LLP actively contributes to reducing plastic waste and conserving natural resources. By repurposing PET waste into valuable resources, such as RPET sheets and flakes, Lyka Global Plast LLP exemplifies a commitment to sustainability and innovation. 

Through collaborative partnerships and continuous innovation, Lyka Global Plast LLP has earned its position among the top 10 RPET sheet manufacturers in India. By leveraging cutting-edge technology and industry expertise, Lyka Global Plast LLP remains at the forefront of the sustainable packaging revolution, driving positive change in the industry and beyond. 

In conclusion, Lyka Global Plast LLP stands as a trusted partner for businesses seeking sustainable packaging solutions. With a comprehensive range of APET sheets, RPET materials, and a commitment to excellence, Lyka Global Plast LLP continues to lead the way towards a greener, more sustainable future for generations to come. 

[seairexim]

A Comprehensive Guide to Garment Exports from India in 2024

India has long been a key player in the global garment industry, with the country’s textile and apparel exports making significant contributions to its economy. In 2024, garment exports from India continue to rise, driven by increasing demand from international markets and the country’s competitive advantages in textiles. This article explores the factors behind this growth, the top garment exporters, India’s position in the global market, and provides insights into garment export data for 2024.

Garment Exporters in India: Leading the Charge

Garment exporters in India have played a crucial role in establishing the country as a leading player in the global apparel market. By leveraging India's competitive advantages such as affordable labor and a vast textile base, these exporters have consistently offered high-quality products at competitive prices. They have also invested in modern manufacturing facilities and embraced sustainable practices to cater to the evolving demands of global consumers. Their commitment to quality, innovation, and sustainability has significantly contributed to the success of India's garment export industry.

A key strategy employed by Indian garment exporters to remain competitive is product diversification. By offering a wide array of garments, from traditional attire to modern fashion and specialized clothing, they cater to diverse consumer preferences across the globe. Additionally, many Indian exporters focus on customization and personalized services, meeting the specific needs of international buyers. Their adoption of sustainable and ethical practices, along with the use of eco-friendly materials and fair labor standards, has enhanced their global reputation, attracting environmentally conscious consumers. Technological innovation, such as automation and digital design tools, further improves production efficiency and product quality, ensuring Indian garment exporters continue to thrive in the global marketplace.

Why Exporting Garments from India is Increasing?

The growth of exporting garments from India can be attributed to several key factors:

Diverse Product Range: India offers a wide range of garments, from traditional ethnic wear to modern fashion apparel. This diversity caters to various market needs across the world, making India a versatile exporter.

Cost-Effective Labor: One of India’s competitive advantages lies in its cost-effective labor force, allowing garment manufacturers to produce high-quality apparel at lower costs compared to many other countries.

Government Support: The Indian government has introduced various initiatives to promote the textile and garment industry. Schemes like the Production Linked Incentive (PLI) scheme and rebates on state and central taxes for exporters have further boosted garment exports from India.

Sustainability Initiatives: In recent years, sustainability has become a critical factor in the garment industry. Indian manufacturers are increasingly adopting eco-friendly practices, which appeal to global buyers looking for ethical and sustainable products.

Improved Infrastructure: Over the last decade, India has made significant improvements in its manufacturing and export infrastructure, which has reduced lead times and improved the overall efficiency of the garment export industry.

Global Demand Shift: With China’s focus shifting to high-tech industries, many global buyers are looking for alternative garment suppliers. India, with its large production base and skilled workforce, is emerging as a preferred destination for international buyers.

Top 10 Garment Exporting Countries in the World

Before delving into India’s position in the garment export industry, it’s essential to look at the top 10 garment exporting countries in the world in 2024:

China

Bangladesh

Vietnam

India

Turkey

Indonesia

Cambodia

Italy

Germany

Pakistan

India holds the fourth position globally, with its garment export industry contributing significantly to its foreign exchange reserves. The country’s garment industry is on an upward trajectory, with continuous improvements in quality, innovation, and sustainability.

Top 10 Garment Export Companies in India

India is home to numerous garment manufacturers and exporters, many of which have gained international recognition for their product quality and reliability. Below is a list of the top 10 garment export company in India in 2024:

Shahi Exports Pvt. Ltd. India's largest garment exporter, Shahi Exports, has a strong presence in global markets and a reputation for high-quality products.

Raymond Ltd. Known for its premium apparel, Raymond is a significant player in India’s textile and garment export market.

Arvind Limited A leading textile company, Arvind exports garments to several countries, focusing on high-end apparel.

Gokaldas Exports A well-established garment exporter, Gokaldas has built a strong global client base over the years.

Welspun India Specializing in home textiles, Welspun also has a strong portfolio of garment exports.

Aditya Birla Fashion and Retail Ltd. Part of the Aditya Birla Group, this company exports a range of garments, including fashion apparel and casual wear.

Rupa & Co. Ltd. Known for its innerwear, Rupa has a growing export market for its diverse garment offerings.

Pioneer Embroideries Ltd. With a strong foothold in the embroidered garment segment, Pioneer exports garments to markets worldwide.

Indian Terrain Fashions Ltd. A key player in men’s casual wear, Indian Terrain has made significant inroads into global markets.

Monte Carlo Fashions Ltd. Known for its winter wear, Monte Carlo exports a range of garments to several countries.

These companies represent India’s best in the garment export industry, combining innovation, quality, and global appeal to make a mark in international markets.

Who is India’s Largest Garment Exporter?

As of 2024, Shahi Exports Pvt. Ltd. holds the title of India's largest garment exporter. The company operates several manufacturing units across India and exports garments to major markets like the USA, Europe, and the Middle East. With a strong focus on sustainability and quality, Shahi Exports has solidified its position as a leader in the Indian garment export industry.

Garment Export Data for 2024

According to recent garment export data, India’s apparel exports have seen steady growth, with the total export value reaching approximately USD 18 billion in 2024. The major export destinations for Indian garments include the USA, the European Union, the United Arab Emirates, and the UK. Key trends from the export data include:

Increased Demand in the US and EU: The US and European Union remain the largest importers of Indian garments, with demand for both fashion and casual wear growing steadily.

Emerging Markets: Countries in Africa, South America, and Southeast Asia are emerging as new markets for Indian garments, particularly for affordable and durable clothing.

Sustainability Focus: Export data indicates that there is a rising demand for sustainable and eco-friendly garments from India, with buyers increasingly prioritizing ethically sourced materials and production processes.

Online Sales Channels: With the rise of e-commerce, many garment exporters in India are expanding their presence on online platforms, enabling them to reach global consumers more efficiently.

Challenges and Opportunities

While garment exports from India continue to grow, the industry also faces several challenges:

Competition: India faces stiff competition from countries like Bangladesh and Vietnam, which offer lower labor costs and shorter lead times.

Trade Barriers: Tariff and non-tariff barriers imposed by importing countries can impact India’s garment exports.

Sustainability Costs: While sustainability is a growing trend, the costs associated with eco-friendly manufacturing processes can be high, affecting profitability for some exporters.

However, the industry is also brimming with opportunities:

Government Support: Continued support from the government, including export incentives, tax rebates, and infrastructure development, is expected to boost the industry further.

Innovation and Technology: Investments in technology, such as automation and advanced manufacturing techniques, are helping Indian garment manufacturers enhance efficiency and reduce costs.

Conclusion

In 2024, garment exports from India continue to thrive, with several top companies leading the way in global markets. With its diverse product range, cost-effective production, and growing focus on sustainability, India is well-positioned to maintain its strong presence in the international garment industry. By leveraging its strengths and addressing challenges, India’s garment export industry is poised for even greater success in the coming years. However, if you need garment export data, garment HS code, connect with ExportImportData.in.

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The Export Journey: How Dabu Print Fabric is Conquering International Markets

The textile industry is experiencing a surge in the international market, with projections indicating further growth in the coming years. After China and Germany, India is another country that ranks in the list of “top 10 textile exporting countries in the world.” Natural fibers, such as cotton-based items, are considered to be among the best natural fibers in high demand. This blog will provide you with information about the dabu print fabric, its export journey, and its growing popularity in the international market. We make the dabu print dresses from pure cotton, incorporating the dabu block printing to infuse ethnicity into fashion. With the emergence of slow fashion and sustainable trends, retailers are considering consumer preferences, which has led to a high demand for these dresses compared to other collections. If you want to know in-depth about the art and beauty of Dabu print fabric and how they are conquering international markets, then this blog is just for you. 

The market demand for natural fibers

Statistics Natural fibers

 To ensure comfort and ease of production, retailers prefer natural fabrics, such as cotton, to craft textiles or home decor items. The mud-resisting technique, the artisans' craftsmanship, and the use of pure natural materials during the production of dabu print dresses align with ethical standards, generating a surge in demand. The use of natural materials in the dabu print fabric brings comfort even to sensitive skin, and that encourages buyers to purchase more. 

The textile industry is experiencing saturation and growth, leading to the emergence of innovative artwork in print. Being eco-friendly and aligned with the trends of sustainable fashion, this is becoming the most prompt choice for consumers. 

Rich cultural heritage and unique craftsmanship

Dabu block printing is an age-old practice that involves meticulous hand-block printing techniques that create intricate and unique patterns on the fabric. Each piece is a testament to the artisan's skill and creativity. The use of natural dyes and clay-resist paste highlights the eco-friendly nature of Dabu fabric, appealing to environmentally conscious consumers. Dabu print's rich history combines culture and tradition, allowing future generations to inherit the manual. 

Dabu block printing's labor-intensive process, from dyeing to block printing, reflects Indian artisans' rich cultural heritage and dedication. This craftsmanship is valued in international markets, which value handmade and artisanal products. Each Daboo print piece is unique, offering distinctive designs that stand out in the global textile market.

Growing Demand for Sustainable and Eco-Friendly Textiles

 People today are becoming aware of the importance of choosing eco-friendly and sustainable products; they are more into purchasing natural and body-type-suitable collections. Dabu print fabric from DMAASA, made using natural dyes and traditional methods, fits this criterion perfectly. The dyeing process is free of harmful chemicals, making Dabu print fabric safe for both the environment and consumers. Many Bagru Dabu print fabric exporters adhere to fair trade principles, ensuring fair compensation and favorable working conditions for artisans. This ethical approach resonates with conscious consumers worldwide.

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[therugfurnish]

Top 10 Rug Manufacturers in India: Crafting Excellence

India has long been renowned for its rich tradition of rug weaving, a craft that dates back centuries.Buy Handmade Rugs Today, the country is home to some of the world's leading rug manufacturers, who blend traditional techniques with modern innovations to create exquisite pieces. Here’s a look at the top 10 rug manufacturers in India, each known for their unique contributions to this timeless art.

1. JaipurRugs

Founded in 1978 by Nand Kishore Chaudhary, Jaipur Rugs has become a global name in the rug industry. The company employs over 40,000 artisans from 600 villages, producing hand-knotted rugs that are exported to more than 60 countries https://yourstory.com/smbstory/made-in-india-carpet-manufacturer-companies-jaipur-rugs-kaleen.handmade rug craftsmanship Jaipur Rugs is celebrated for its commitment to social responsibility and sustainable practices.

2. Obeetee20Rugs

Obeetee, established in 1920, is one of India’s oldest and most respected rug manufacturers. Based in Uttar Pradesh, Obeetee is known for its high-quality hand-knotted and hand-tufted rugs. The company has a strong global presence and is dedicated to preserving traditional weaving techniques https://www.tradeindia.com/blog/top-10-best-quality-carpet-manufacturers-suppliers-exporters-in-india/.

3.TheRugRepublic

The Rug Republic, a brand by Sharda Exports, has made a significant mark in the international market. Handmade carpets online  Founded by Aditya Gupta, the company offers a wide range of rugs, including hand-knotted, hand-tufted, and flatweave designs. The Rug Republic is known for its innovative designs and sustainable production methods https://yourstory.com/smbstory/made-in-india-carpet-manufacturer-companies-jaipur-rugs-kaleen.

4. KailashRugIndustries

Kailash Rug Industries is a leading name in the Indian rug manufacturing sector. The company offers a diverse range of products, including hand-knotted, hand-tufted, and flatweave rugs.Rugs manufacturers in india Kailash Rug Industries is recognized for its quality craftsmanship and has received several awards for its contributions to the industry https://www.kailashrug.in/.

5. MirasCarpetIndustries

Miras Carpet Industries specializes in high-end, custom-made rugs. The company is known for its intricate designs and use of premium materials. Miras Carpet Industries caters to a global clientele, offering bespoke solutions for luxury interiors https://www.tradeindia.com/blog/top-10-best-quality-carpet-manufacturers-suppliers-exporters-in-india/.

6.AmbaCarpets

Jai Amba Carpets is another prominent player in the Indian rug market. The company produces a wide variety of rugs, including traditional and contemporary designs. Jai Amba Carpets is known for its attention to detail and commitment to quality https://www.tradeindia.com/blog/top-10-best-quality-carpet-manufacturers-suppliers-exporters-in-india/.

7.CarpetCouturebyRashi

Carpet Couture by Rashi is a luxury rug brand that combines traditional craftsmanship with modern aesthetics. The company offers a range of hand-knotted and hand-tufted rugs, often featuring bold colors and innovative patterns. Carpet Couture by Rashi is a favorite among interior designers and architects https://www.tradeindia.com/blog/top-10-best-quality-carpet-manufacturers-suppliers-exporters-in-india/.

8. ShriRamanaTextiles

Shri Ramana Textiles is known for its high-quality handloom rugs. The company focuses on sustainable production methods and uses natural fibers like wool and cotton.contemporary rug design Shri Ramana Textiles has a strong presence in both domestic and international markets https://www.tradeindia.com/blog/top-10-best-quality-carpet-manufacturers-suppliers-exporters-in-india/.

9.VikramCarpets

Vikram Carpets is a well-established name in the Indian rug industry. The company offers a wide range of products, including hand-knotted, hand-tufted, and flatweave rugs. Vikram Carpets is known for its innovative designs and commitment to quality https://www.tradeindia.com/blog/top-10-best-quality-carpet-manufacturers-suppliers-exporters-in-india/.

10.NandhiCarpets

Nandhi Carpets specializes in traditional Indian rugs, often featuring intricate patterns and vibrant colors.Handmade Rugs Manufacturer The company uses high-quality materials and employs skilled artisans to produce its rugs. Nandhi Carpets is a trusted name in the industry, known for its craftsmanship and attention to detail https://www.tradeindia.com/blog/top-10-best-quality-carpet-manufacturers-suppliers-exporters-in-india/.

Conclusion

manufacturers are renowned for their craftsmanship, innovation, and commitment to quality. From traditional hand-knotted designs to contemporary patterns, handmade rugs india these top 10 manufacturers are setting new standards in the global rug industry. Whether you're looking for a luxurious addition to your home or a unique piece of art, these companies offer a wide range of options to suit every taste and style.

[eximpedia1]

Top 10 Exports of Bangladesh

Bangladesh has transformed its export sector, leveraging its potential to achieve record-breaking trade figures each year. The country's robust garment industry, combined with low labor costs and inexpensive raw materials, has positioned Bangladesh as a critical supplier in the global market. This article explores the top exports of Bangladesh, key export destinations, and prominent Bangladeshi exporting companies.

Bangladesh's Export Performance in 2023-24

According to the economic complexity index, Bangladesh was the 52nd largest exporter globally in 2023-24. The country has solidified its position as a leading exporter of textile scrap, jute yarn, textile fiber, and men's shirts. According to Bangladesh export data, total exports in Bangladesh reached an all-time high of 361 billion in 2023-24 compared to 62.2 billion in 2022-23.

Top Exports of Bangladesh

1. Readymade Garments

Readymade garments dominate Bangladesh's export sector, accounting for 46.74% of the total exports of Bangladesh. Bangladesh is a global hub for readymade garment (RMG) exports, with primary markets in the US, UK, Germany, Italy, and France. The industry continues to thrive, driven by high demand for affordable and high-quality clothing.

2. Jute and Jute Products

Jute and jute products constitute 13.6% of Bangladesh's exports. Known as the "golden fiber," jute has brought prosperity to Bangladeshi farmers. Products include hessian cloth, canvas, sacking, and scrim, with major export destinations being Pakistan, China, and India.

3. Footwear

Footwear is an emerging industry in Bangladesh, contributing 2.5% to the country's export earnings. The Netherlands, India, South Korea, France, and Spain are key markets for Bangladeshi footwear, reflecting the industry's growing international presence.

4. Miscellaneous Textiles and Worn Clothing

Miscellaneous textiles and worn clothing make up 2.1% of Bangladesh's exports. These include curtains, sacks & bags, tarpaulins, blankets, and rope. The major markets for these products are the US, Europe, Japan, Australia, and Canada.

5. Headgear and Caps

Headgear and caps represent 1.2% of Bangladesh's exports. These products are mainly exported to the United States, Germany, France, Poland, and Canada, showcasing Bangladesh's diverse textile manufacturing capabilities.

6. Paper Yarn and Woven Fabric

Paper yarn and woven fabric account for 1.2% of Bangladesh's exports. These materials are used in various applications, including artisan jewelry. China, India, Thailand, and South Korea are the primary destinations for these products.

7. Leather and Animal Gut Articles

Leather and animal gut articles make up 1% of Bangladesh's exports. The industry benefits from low-cost raw materials and labor, with European countries like Germany, Poland, and Spain being significant markets.

8. Fish, Shrimps, and Prawns

Fish, shrimps, and prawns account for 0.7% of Bangladesh's exports. Prawns, particularly bagda, are vital for the local economy and export income. The European Union, Japan, and the USA are major importers of these products.

9. Feathers, Artificial Flowers, and Hair

These products represent 0.4% of Bangladesh's exports, with major markets in Germany, Sweden, and India. The diverse range of exported goods highlights Bangladesh's extensive manufacturing capabilities.

10. Aircraft and Spacecraft

Aircraft and spacecraft make up 0.3% of Bangladesh's exports. These include helicopters, airplanes, satellites, suborbital vehicles, and launch vehicles. The Netherlands, United Kingdom, and Czechia are the primary destinations for these high-tech exports.

Bangladesh's Top Export Destinations

Here are the top countries importing goods from Bangladesh:

USA: $970 billion

Germany: $708 billion

UK: $531 billion

Spain: $368 billion

France: $329 billion

Italy: $239 billion

Netherlands: $209 billion

India: $213 billion

Japan: $190 billion

Poland: $185 billion

Canada: $172 billion

Australia: $126 billion

According to Bangladesh export data, around 60% of the total exports of Bangladesh are shipped to these countries. Check out the Eximpedia.app dashboard and our to find out more about Russia's export partners and Bangladesh top export products. 

Leading Export Companies in Bangladesh

Several companies drive Bangladesh's export success:

Kazi Farms Group (poultry)

Bangladesh Petroleum Corporation (oil products)

Beximco Pharma (pharmaceuticals)

Pragoti (automobiles)

KDS Group (garments, textiles, steel)

Petrobangla (oil, natural gas, minerals)

Walton (motorcycles)

ASM Chemical Industries (industrial chemicals)

Advanced Chemical Industries (pharmaceuticals, consumer brands, agribusiness)

Dragon Group (clothing, notably sweaters)

These companies play a crucial role in meeting global demand for Bangladeshi products.

Conclusion

Bangladesh's export sector is a vital component of its economy, driving growth and international trade relations. To achieve high profits, exporters must understand global trade demands and target top buyers. Platforms like Eximpedia.app offer valuable data to help businesses navigate market trends and expand globally. Connect with experts to stay ahead in the competitive export market. Thank you for reading!

[anamseair]

https://www.seair.co.in/blog/exploring-india-s-top-10-exports-products.aspx

Discover India's top 10 export products, including petroleum products, gems & jewellery, pharmaceuticals, and textiles. Learn about India's key export destinations and how these industries contribute to its global trade dominance.

[importexport-data]

Top 10 Products to Export from India

India's dynamic economy has become a major force in international trade, with a significant increase in exports over the past few decades. The diverse range of goods exported from India includes essentials like clothing and petroleum products, as well as valuable items such as jewelry. India is now among the leading exporters, catering to the needs of a wide array of global consumers with both traditional and cutting-edge technologies.

Considering Exporting from India?

Are you interested in exporting but unsure what products to focus on? Curious about the most popular goods exported by Indian businesses? Look no further. This article overviews India's top export products, offering insights into market trends and high-demand items for 2024.

The Importance of Exports for India

Exports are vital for India's economic growth, generating essential foreign exchange that funds necessary imports and supports the rupee. A robust export sector creates jobs across various industries, driving overall growth and improving livelihoods.

India's top 10 exports significantly contribute to its economy, making it one of the world's largest exporters. Understanding consumer preferences, market trends, and key product details is crucial for success in global trade. Exporting from India is an essential strategy for business owners looking to expand.

Top Export Products from India in 2024

India's export industry is vast and varied. Here's a detailed look at the India export products list for 2024:

Pharmaceuticals

Petroleum Products

Machines and Equipment

Gems and Jewelry

Textiles and Garments

Tea

Organic and Inorganic Chemicals

Iron and Steel

Vehicles

Dairy Products

Detailed Overview of Top Export Products

Pharmaceuticals and Medicines India is renowned for its pharmaceutical industry, exporting life-saving drugs and therapies to over 200 countries. This sector contributes about 6% of all exports, with a 9.67% increase in exports to USD 27.9 billion in 2023–2024. India exports a wide range of pharmaceutical products, including vaccines, biosimilars, APIs, and generic medications.

Petroleum Products As Asia's second-biggest refinery, India exports petroleum products like petrol, diesel, and jet fuel to countries including the US, China, and the Netherlands. This sector contributes around 10% of total export value, with an export value of USD 15.5 billion.

Machines and Equipment India exports machinery and mechanical appliances, with an export value of USD 3.1 billion. The engineering sector produces high-quality machine tools, pumps, engines, and turbines, recognized globally.

Gems and Jewelry India is a top exporter of cut and polished diamonds, pearls, and gemstones, primarily from Gujarat and Andhra Pradesh. These items are highly sought after in the US, UAE, and Hong Kong, with an export value of USD 10.2 billion.

Textiles and Garments India's textile and apparel industry, which includes both natural and synthetic fibers, accounts for around 7% of all exports. This sector's export value is USD 6.8 billion.

Tea India's tea exports, including Assam and Darjeeling varieties, contribute over 3% of the country's total export value, with an export value of USD 1.2 billion.

Organic and Inorganic Chemicals As the third-largest chemical manufacturer in Asia, India's chemical exports contribute around 5% of total exports. The export value for this sector is USD 4.9 billion.

Iron and Steel India is a major exporter of iron and steel, essential for global construction. The export value for this sector is USD 2.9 billion.

Vehicles India exports automobiles, trucks, and motorcycles, with an export value of USD 2.7 billion. Major export destinations include the US, Europe, and Africa.

Dairy Products Dairy products are a significant export, especially in Western markets. India's dairy sector has an export value of USD 2.4 billion.

Finding India's Top Exporters

For accurate and up-to-date information on India export products, visit ExportImportData's dashboard. It provides comprehensive data on export products, major exports, and the top 10 exports from India.

Conclusion

Exports are a primary driver of India's economic growth, creating foreign exchange, jobs, and industrial development. Now is the time to start exporting and take advantage of global opportunities. With the ExportImportData platform, you can easily ship to over 130 countries. If you have questions about India’s top exports or need specific export data, our experts are here to help.

[ronsathe1604]

Top 10 Items Exported From India To USA: A 2024 List

As of 2024, India continues to export a diverse range of goods to the USA, contributing to bilateral trade between the two nations. Here are the top 10 items exported from India to the USA.

Pharmaceuticals

Gems and jewelry

Machinery

Organic chemicals

Textiles

Vehicles

Electronics

Precious metals

Furniture

Agricultural products

These top exports signify India's significant role in supplying various products to the USA, showcasing the strength and diversity of their trade relationship.

Read ahead for more information

[digitalexportsmarketing]

Explore the Top 10 B2b Online Marketplaces in India - Digitalexportsmarketing

B2B portals short for Business-to-Business portals, are digital platforms that facilitate transactions between businesses. These portals serve as virtual marketplaces where businesses can buy and sell products collaborate with partners, and conduct various business activities online.B2B portals are designed to streamline the procurement process, improve efficiency, and enhance business relationships.

Top 10 B2B Online Marketplaces in India

Digital Exports Marketing

Indiamart

Amazon Business

Alibaba

Exporters India

Flipkart

Udaan

Trade India

Global Sources

Eworldtrade

Digital Exports Marketing

Indiamart

Amazon Business

Alibaba

Exporters India

Flipkart Wholesale

Udaan

Tradeindia

Global Sources

Eworldtrade

Eworldtrade is an online B2B marketplace that connects buyers and sellers worldwide. It offers a wide range of products across various categories, including electronics, machinery, textiles, and more. Eworldtrade provides businesses with a platform to showcase their products, connect with buyers, and facilitate trade. The platform aims to simplify the global trading process and help businesses expand their reach to new markets.

[williamsanderson123-blog]

Embroidered clothing manufacturer in India

Unlocking the Essence of Indian Apparel Manufacturing

India's rich heritage in textiles and clothing has positioned it as a global hub for apparel manufacturing. From small-scale clothing manufacturers to expansive garment factories, the country boasts a diverse ecosystem catering to various needs within the fashion industry. Let's delve into the intricacies of this vibrant landscape.

1. Small Order Clothing Manufacturers in India:

Small order clothing manufacturers play a pivotal role in catering to niche markets and emerging designers. These manufacturers offer flexibility and customization, ideal for startups and boutique brands seeking quality production in manageable quantities.

2. Women's Clothing Manufacturers in India:

India excels in women's clothing manufacturing, renowned for its intricate craftsmanship and attention to detail. From traditional sarees and salwar suits to contemporary western wear, women's apparel manufacturers in India offer a vast array of styles to suit diverse preferences.

3. Cloth Manufacturing Company in India:

Cloth manufacturing companies form the backbone of the textile industry in India. With state-of-the-art facilities and skilled workforce, these companies produce high-quality fabrics ranging from cotton and silk to synthetic blends, catering to both domestic and international markets.

4. Apparel Manufacturer in India:

Apparel manufacturers in India leverage advanced technologies and streamlined processes to meet the ever-evolving demands of the fashion industry. From mass production to custom tailoring, these manufacturers ensure adherence to quality standards while staying abreast of global fashion trends.

5. Garment Exporter in Jaipur:

Jaipur, renowned for its rich cultural heritage and artistic traditions, serves as a prominent hub for garment exports. Exporters in Jaipur specialize in traditional Rajasthani textiles, including block prints, tie-dye, and intricate embroidery, captivating global markets with their unique offerings.

6. Garment Manufacturer in Jaipur:

Garment manufacturers in Jaipur blend traditional craftsmanship with modern techniques to create exquisite apparel reflecting the region's cultural essence. These manufacturers cater to both domestic and international clients, showcasing Jaipur's distinctive aesthetic on a global platform.

7. Top 10 Garment Manufacturing Companies in India:

India hosts a plethora of top-tier garment manufacturing companies renowned for their quality, reliability, and ethical practices. These industry leaders play a significant role in shaping the country's apparel landscape while contributing to its economic growth and employment generation.

8. Dress Manufacturers in India:

Dress manufacturers in India cater to diverse segments, from casual wear and formal attire to bridal couture. With a keen eye for design and a commitment to excellence, these manufacturers deliver garments that resonate with both domestic and international clientele.

9. Branded Clothes Manufacturers in India:

India is home to several branded clothes manufacturers, producing apparel under their own labels or through collaborations with designers and fashion houses. These brands exemplify innovation and style, garnering recognition and acclaim on a global scale.

10. Cloth Factory in India:

Cloth factories in India are equipped with cutting-edge technology and infrastructure to facilitate large-scale production of fabrics. These factories adhere to stringent quality control measures, ensuring consistency and excellence in every yard of fabric produced.

11. Best Clothing Manufacturers in India:

The best clothing manufacturers in India distinguish themselves through a combination of factors, including quality, craftsmanship, ethical practices, and innovation. These manufacturers continuously strive for excellence, setting benchmarks for the industry as a whole.

12. Clothing Factory in India:

Clothing factories in India operate as integrated units, encompassing design, production, and distribution processes. These factories employ skilled artisans and technicians who collaborate seamlessly to bring designs to life, adhering to strict timelines and quality standards.

13. Garment Factory in India:

Garment factories in India are engines of employment generation and economic growth, contributing significantly to the country's GDP. These factories adopt sustainable practices and ethical labor standards, ensuring a harmonious balance between profitability and social responsibility.

14. Cloth Manufacturers in Jaipur:

Jaipur's legacy in textile manufacturing extends to cloth production, with a myriad of manufacturers specializing in traditional Rajasthani weaves and prints. These manufacturers preserve age-old techniques while embracing modern innovations, offering a timeless appeal to their fabrics.

15. Apparel Exporters in India:

India's apparel exporters cater to a global clientele, leveraging the country's strengths in design, craftsmanship, and production efficiency. These exporters forge strategic partnerships and alliances, expanding their reach and market penetration across continents.

16. Garments Exporters in India:

Garments exporters in India capitalize on the country's diverse textile heritage to cater to international markets with a wide range of products. From ethnic ensembles to contemporary fashion, these exporters showcase India's sartorial splendor on a global stage.

17. Embroidered Clothing Manufacturer in India:

Embroidered clothing manufacturers in India exemplify the artistry and intricacy of Indian needlework, incorporating exquisite embellishments into their garments. These manufacturers cater to discerning clients seeking premium quality and unique designs.

18. Block Print Clothing Manufacturer in India:

Block print clothing manufacturers in India specialize in the age-old craft of block printing, creating visually stunning patterns and motifs on fabrics. These manufacturers uphold tradition while embracing innovation, offering a contemporary twist to this ancient art form.

19. Knitwear Manufacturer in India:

India's knitwear manufacturers harness advanced technology and superior yarns to produce a wide range of knitwear, including sweaters, cardigans, and knit dresses. These manufacturers combine comfort with style, catering to both domestic and international markets.

In conclusion, India's prowess in apparel manufacturing spans a diverse spectrum, encompassing small-scale artisans to large-scale garment factories. With a rich tapestry of tradition, innovation, and craftsmanship, the country continues to be a frontrunner in the global fashion landscape, captivating hearts and wardrobes worldwide. Read More

[desiccachemical]

What are the properties of sodium chromate?

Sodium chromate is a fascinating compound that has garnered attention for its unique properties and versatile applications. At Desicca Chemical Pvt Ltd, we stand out as the premier Sodium Chromate Manufacturer and Supplier in India, specializing in meeting sodim chromate specifications. As leading sodium chromate manufacturers in India, we take pride in providing top-quality products, including sodium dichromate, desiccants, and pharma chemicals. Our commitment extends to offering these high-grade items at the most affordable prices, making us your go-to sodium chromate supplier in Mumbai.

Understanding Sodium Chromate:

Sodium Chromate is a chemical compound with the sodium chromate formula Na2CrO4. It is a yellow crystalline solid, commonly found in the form of beads and pellets. The compound is highly soluble in water, creating a yellow solution.

Let’s explore some key properties of Sodium Chromate:

Chemical Composition: Sodium Chromate consists of sodium ions (Na+) and chromate ions (CrO4²-). The balanced chemical equation for the formation of Sodium Chromate is: 2NaOH + CrO3 → Na2CrO4 + H2O.

Physical Appearance: Sodium Chromate is a bright yellow solid, which is indicative of its chromate ions. It is available in different forms, including beads and pellets, providing flexibility in various applications.

Solubility: Sodium Chromate is highly soluble in water, forming a yellow solution. This solubility makes it suitable for various industrial processes and applications.

Packing and Storage: At Desicca Chemical Pvt Ltd, we understand the importance of proper packaging. Our Sodium Chromate is available in:

Local packaging: 50kg HDPE Bag with Airtight inside polyliner.

Export packaging: 50kg fibre drums.

These packaging options ensure the quality and integrity of the product during transportation and storage.

Specifications — Sodium Chromate

Sr.No: 1. Test: Na2CrO4.4H2O Extra Pure / LR: N.W.: 234.07 AR / GR: N.W.: 234.03

Sr.No: 2 Test: Description Extra Pure / LR: A bright yellow crystalline powder AR / GR: Lemon yellow crystals/crystalline powder.

Sr.No: 3 Test: Solubility 10% solution in water Extra Pure / LR: Clear & bright AR / GR: Clear & bright

Sr.No: 4 Test: Assay (Iodometric) Extra Pure / LR: NLT 99 % AR / GR: 99–102%

Sr.No: 5 Insoluble matter Extra Pure / LR: 0.005% AR / GR: 0.005%

Sr.No: 6 Test: Chloride ( Cl ) Extra Pure / LR: 0.01% AR / GR: 0.01%

Sr.No: 7 Test: Sulphate ( SO4) Extra Pure / LR: 0.2% AR / GR: 0.2%

Sr.No: 8 Test: Calcium (Ca) Extra Pure / LR: 0.003 AR / GR: 0.2%

Sr.No: 9 Test: Iron (Fe) Extra Pure / LR: 0.005% AR / GR: 0.002

Sr.No: 10 Test: Copper (Cu) Extra Pure / LR: 0.005% AR / GR: 0.005%

Physical Properties:

Color: The distinctive yellow color of sodium chromate makes it easily recognizable, aiding researchers and scientists in identifying its presence in different solutions.

Crystalline Structure: Sodium chromate forms crystals with a well-defined sodium chromate structure, contributing to its stability and durability in various applications.

Melting and Boiling Points: Understanding the melting and boiling points of sodium chromate is crucial for industrial processes. Sodium chromate typically melts at around 792°C and boils at approximately 1370°C.

Applications of Sodium Chromate

Sodium Chromate finds applications in various industries, including:

Textile Industry: Used as a mordant in dyeing processes to enhance color fastness.

Metal Finishing: Acts as a corrosion inhibitor and an oxidizing agent in metal finishing processes.

Photography: Employed in photographic chemicals for developing and fixing.

Chemical Manufacturing: Utilized as a chemical intermediate in the synthesis of other chromium compounds.

Final Words!

Sodium Chromate is a compound renowned for its remarkable properties and versatile applications across diverse industries. As the leading Sodium chromate Manufacturers in India, Desicca Chemical Pvt Ltd takes pride in delivering high-quality products that adhere to the highest sodium chromate specification standards. Our commitment extends to unmatched affordability, making us the preferred Sodium Dichromate Supplier in Mumbai.This guide aims to provide valuable insights into the properties and applications of Sodium Chromate. If you are considering purchasing Sodium Chromate, we offer convenient online buying options. Reach out to salesdesiccachemicals@gmail.com or desiccachemicals@gmail.com.

[meghnasharama-blogs]

Become a Top Trade Credit Analyst with an Online MBA in International Trade Management

Introduction:

Trade Credit Analysts stand as the backbone of international trade, ensuring that transactions flow smoothly and both parties uphold their end of the bargain. But how does one excel in this niche yet essential role? Dive deep with us as we chart the path to becoming an influential Trade Credit Analyst, especially after earning an Online MBA in International Trade Management.

Why an Online MBA in International Trade Management?

The Role of Education in Charting Success

In-Depth Knowledge: An MBA offers a 360-degree view of global trade dynamics, helping professionals grasp complex trade credit issues with ease.

Flexibility with Online MBA: The digital format lets students learn at their convenience, ensuring they can balance work, study, and personal life.

Credibility of a Master of Business Administration: Holding an MBA degree boosts credibility, making candidates a preferred choice for top employers.

Industries Ripe for Trade Credit Analysts:

From textiles to tech, several industries need the expertise of a Trade Credit Analyst. Let’s explore a few:

Manufacturing: Ensure smooth trade operations for mass-produced goods.

Pharmaceuticals: Delve into complex trade agreements in the world of medicines.

Electronics: Oversee trade credits for tech giants and startups alike.

Automotive: Guarantee seamless transactions in the vehicle trade.

Agribusiness: Navigate the nuanced world of agricultural exports and imports.

Challenges Awaiting in the Role:

Trade Credit Analysis isn’t a walk in the park. Professionals often grapple with:

Volatile Global Markets: Economic fluctuations can impact creditworthiness.

Diverse Business Cultures: Different trade etiquettes and norms can pose challenges.

Complex Regulatory Landscapes: Every country has its own trade rules and compliances.

Top 10 Companies Hiring Trade Credit Analysts in India:

ICICI Bank

HDFC Ltd.

Bajaj Finance Limited

State Bank of India (SBI)

Kotak Mahindra Bank

Axis Bank

Reliance Industries Limited - Trade Division

Tata Motors - International Trade Division

Adani Ports & Special Economic Zone

Infosys - Trade Finance Division

Decoding the MBA Impact:

When pondering the prospect of pursuing an Online MBA in International Trade Management, it’s crucial to weigh in its advantages:

Case Studies and Simulations: Engage in real-world trade scenarios during your course.

Networking: Interact with global peers and professionals, enriching your perspective.

Let ShikshaGurus help you in your Education Journey:

ShikshaGurus assists you in exploring and comparing courses from over 60 online and distance learning universities. They offer free, unbiased consultation sessions with experts to guide you in selecting the ideal educational path. Furthermore, they provide assistance in finding the best university that aligns with your budget.

Conclusion:

The intricate world of international trade relies heavily on the skills and expertise of Trade Credit Analysts. By opting for an Online MBA in International Trade Management, aspirants not only hone their analytical skills but also arm themselves with a robust understanding of global trade nuances. For those poised at the crossroads of a challenging yet rewarding career in trade credit analysis, this educational pursuit can be the beacon guiding them to success.

[eximpedia1]

Vietnam top 10 exports

Vietnam has emerged as a reliable and rapidly developing hub for international commerce and investment, boasting one of Asia's fastest-growing economies. With an impressive annual GDP growth rate of 6.5%, coupled with stable population growth and rising incomes, Vietnam presents a promising long-term market for global investors. In the financial year 2023-24, Vietnam's total exports are projected to reach a remarkable US$123.64 billion. In this article, we will delve into the top 10 exports from Vietnam, explore the country's key export products, provide a list of major exporters, and offer updated Vietnam export data.

Current Trends in Vietnam's Exports

Vietnam's export landscape has seen significant evolution over recent years. Analysis of Vietnam export data reveals several noteworthy trends. One prominent trend is the shift towards higher-value manufacturing sectors, such as electronics, which have rapidly expanded. Despite this shift, traditional industries like agriculture and textiles continue to thrive, showcasing Vietnam's diverse export portfolio.

As an export-driven economy, Vietnam benefits from over 90 bilateral trade agreements and approximately 60 bilateral investment promotion and protection contracts.

Key Export Trends:

Overall Growth: Vietnam's exports totaled $371.3 billion in 2022, marking a 10.5% increase from the previous year. This represents a substantial rise from $236 billion in 2017.

Shifting Manufacturing Hub: Vietnam is increasingly viewed as a cost-effective alternative to China, attracting global companies looking to relocate their manufacturing operations.

Trade Agreements: Free trade agreements, including the RCEP, EVFTA, and UKVFTA, have opened new markets for Vietnamese goods and simplified export processes.

The fastest-growing export sectors in Vietnam include electronics (notably phones and computers), machinery, textiles, footwear, and agricultural products. The overall export economy shows no signs of slowing down, driven by robust growth across key industries.

Vietnam Export Data: 2023-24

Between January and April 2024, total trade amounted to $238.88 billion, a 15.2% increase year-over-year. Vietnam's exports for this period reached an estimated $123.64 billion, up 15% from the previous year. The trade surplus in goods stood at $8.4 billion for the first four months of 2024. This strong performance indicates a recovery from the previous year's decline, where total foreign trade fell by 6.6% and exports dropped by 4.4%.

Top 10 Exports from Vietnam (2024)

Vietnam exports a wide range of products, from semi-finished to final goods. Here are the top 10 export products that dominate the country's export landscape:

Phones and Accessories: $57.99 billion

Computers and Electronic Products: $55.54 billion

Machinery and Equipment: $45.75 billion

Textiles and Garments: $37.57 billion

Footwear: $23.90 billion

Wood and Wooden Products: $16.01 billion

Vehicles and Spare Parts: $11.99 billion

Seafood and Fishery Products: $10.92 billion

Iron and Steel: $7.99 billion

Cameras, Camcorders, and Accessories: $6.37 billion

Phones and accessories lead the list, with exports valued at $57.99 billion, followed closely by computers and electronic products. Other significant export items include textiles, garments, and footwear.

Vietnam's Top Export Partners

Vietnam's export partners play a crucial role in its trade dynamics. Here is an updated list of the top export partners:

China: $175.57 billion

USA: $123.86 billion

Korea: $86.38 billion

Japan: $47.61 billion

Netherlands: $3.99 billion

Hong Kong: $3.389 billion

India: $3.309 billion

Germany: $3.104 billion

Thailand: $2.975 billion

United Kingdom: $2.359 billion

China remains Vietnam's top trading partner, with a two-way trade turnover of $175.57 billion, followed by the USA and Korea.

Future Projections for Vietnam's Foreign Trade

The anticipated growth in Vietnam's foreign trade is largely attributed to key export markets controlling inflation, thereby boosting demand for Vietnamese goods. Additionally, Vietnam's free trade agreements, particularly the EVFTA, are expected to enhance export performance in the coming months further. The ongoing efforts of Western corporations to diversify supply chains away from China will likely continue to benefit Vietnam's manufacturing sector and drive long-term economic growth.

How to Find Vietnam Exporters

For the most up-to-date and accurate Vietnam exporters data, visit Eximpedia. This platform provides comprehensive Vietnam export data and a list of Vietnam export products. It is an essential tool for analyzing global shipments, with a database covering more than 130 countries.

Conclusion

In conclusion, the global economic recovery in 2024 is set to boost demand and increase export orders, helping Vietnamese exporters achieve their goals. Additionally, new products like medical herbs, coconuts, frozen fruits, and watermelons are expected to enter the market. By analyzing Vietnam's major export products and trading partners, we gain valuable insights into its global market position. For more information on Vietnam's top exports or export data, visit the Eximpedia.app and consult their experts for detailed guidance.

Thank you for reading about Vietnam's major exports. We hope you found this information insightful.