From March 20 to March 25, 2024, our company participated in the building materials exhibition in Vietnam, and met our old customers and many new customers at the exhibition, and also reached some orders with great prospects on the spot.
In 2021, the population of Vietnam was 98.51 million people, and the annual GDP was 362.619 billion US dollars, with a growth of 2.58% compared to the previous year. The total foreign trade volume was approximately 668.5 billion US dollars, including exports of 336.25 billion US dollars, which increased by 19% compared to the same period last year, and imports of 332.25 billion US dollars, which increased by 26.5% compared to the previous year. In 2021, China remains the largest source of imported goods for Vietnam, reaching 109.9 billion US dollars. The United States is the largest exporter of Vietnamese goods, reaching 95.6 billion US dollars.
We are the only one who is displaying soap dispenser pumps and soap dispensers in this exhibition. And very luckily, we met several potential clients due to our uniqueness. We can say that taking the Vietnamese market is a roundabout tactic for us to take more shares in the U.S. market. And we have indeed achieved it. At present, we are collaborating with the largest stone factory in Vietnam, and they are mainly export to the United States. Meanwhile we are also now negotiating the business of supplying soap dispenser pumps to the ceramic factories in Vietnam.
Vietnam clients are pretty kind, we are looking forward to many more cooperations with them.
Expect our next report.