Russia is one of Vietnam's important export markets with export turnover in 2023 reaching more than 3 billion USD. Below are some products that Vietnam often exports to Russia::
- Agricultural products:
- Coffee: Vietnam is the world's second largest coffee producer and coffee is one of the main exports to Russia. Vietnamese coffee is popular for its delicious taste and reasonable price.
- Cashew nuts: Vietnam is also the world's largest producer and exporter of cashew nutsVietnamese cashew nuts are highly appreciated for their quality and are widely used in the food and confectionery industries.
- Pepper: Vietnam is the world's largest producer and exporter of pepperVietnamese pepper is used to flavor many dishes and is popular for its spiciness and unique flavor.
- Tea: Vietnamese tea comes in different types with diverse flavors and is popular with Russian consumers.
- Seafood: Vietnam is the world's third largest seafood exporter. Seafood products exported to Russia include shrimp, pangasius, basa fish, squid,...
- Textiles:
- Textile is one of Vietnam's key export industries . Textile and garment products exported to Russia include clothes, shoes, hats, scarves,...
- Vietnamese textile and garment products are popular because of their diverse designs, good quality and competitive prices.
- Machinery, equipment, tools and spare parts:
- Machinery, equipment, tools and spare parts are an important group of exports from Vietnam to Russia. Items in this group include computers, phones, electronic components, machinery and industrial equipment,...
- The demand for machinery, equipment, tools and spare parts in Russia is increasing and this is a great opportunity for Vietnamese businesses.
- Rubber:
- Vietnam is the world's fourth largest rubber producer. Vietnamese rubber is exported to Russia for use in the tire industry and production of other rubber products.
- Some other items:
- Fruit: Vietnam exports many fruits to Russia such as dragon fruit, mango, pineapple, longan,...
- Vegetables and fruits: Vietnamese fruits and vegetables are popular because of their freshness and safety.
- Wooden furniture and wooden products: Vietnamese wooden furniture and wooden products are highly appreciated for their quality and beautiful designs.
In addition, Vietnam also exports a number of other products to Russia such as: handicrafts, jewelry, leather and shoes,...
Opportunities to export to Russia:
- The Russian market has great potential for Vietnam's export products.
- The governments of Vietnam and Russia are promoting economic and trade cooperation between the two countries.
- Free trade agreements signed between Vietnam and Russia create favorable conditions for exporting goods to this market.
Vietnamese businesses need:
- Learn carefully about the Russian market to have a suitable export strategy.
- Improve product quality to meet the needs of Russian consumers.
- Strengthen product promotion to reach the Russian market.
With the efforts of the Government and businesses, Vietnam can continue to increase exports to Russia in the near future.