From a meagre USD 200 million in the year 2000, bilateral trade between India and Vietnam has seen steady growth over the years. India & Vietnam have healthy trade relations of around USD 13 billion and it is expected to cross USD 20 billion by 2025.

From a meagre USD 200 million in the year 2000, bilateral trade between India and Vietnam has seen steady growth over the years. In 2019-20, bilateral trade reached USD 12.34 billion. This marked a decrease of 9.9 percent year-on-year, largely on account of COVID-19 related trade disruptions.