GITNUX MARKETDATA REPORT 2024

Vietnam Industry Statistics

Vietnam's industry statistics show a growing manufacturing sector, with increased output and exports contributing significantly to the country's economic growth.

In this post, we explore the remarkable growth and impact of Vietnam’s industry across various sectors, backed by compelling statistics. From the rapid expansion of the textile and garment industry to the soaring revenue of the ICT sector, Vietnam has emerged as a key player in the global market. Join us as we delve into the data behind Vietnam’s impressive industrial landscape and the significant contributions it has made on a global scale.

Statistic 1

"Between 2010 and 2020, Vietnam's industry and construction sector grew at an annual average rate of 9.2%."

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Statistic 2

"In just two decades, Vietnam has become one of the largest shoe producers and exporters, contributing around 10% of the global shoe production."

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Statistic 3

"Vietnam's textile and garment industry accounts for 10% of its GDP and brings in a yearly export turnover of USD 20 billion to USD 30 billion."

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Statistic 4

"In 2020, the value of processed food and drinks sales in Vietnam was estimated to reach approximately 10.3 billion U.S. dollars."

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Statistic 5

"As of 2019, Vietnam accounted for almost half of the world’s cashew nut exports."

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Statistic 6

"Vietnam's ICT industry's revenue in 2020 stood at 112.35 billion USD."

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Statistic 7

"The domestic beer production in Vietnam reached more than 5 billion liters in 2020."

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Statistic 8

"Vietnam's furniture industry turnover was above $10 Billion in 2020."

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Statistic 9

"Vietnam's pharmaceutical market was valued at $7.2 billion in 2020."

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Statistic 10

"Vietnam's automotive industry is forecast to reach $4.65 billion by 2025."

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Vietnam’s industry has experienced significant growth and diversification over the past decade, with impressive statistics showcasing its emergence as a key player in various sectors. From being a major shoe producer and exporter to dominating cashew nut exports and achieving substantial revenue in industries such as textiles, food processing, ICT, furniture, pharmaceuticals, and automotive, Vietnam’s industrial landscape is vibrant and dynamic. These statistics underscore the country’s economic prowess and potential for continued expansion and success in the global market.

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