What is the price of wine per kilogram/pound in Vietnam today?
The retail price range for Vietnam wine is between US$ 2.41 and US$ 8.19 per kilogram or between US$ 1.09 and US$ 3.71 per pound(lb). Click here to see today's exact prices of wine in Vietnam
The retail price range in Dong for wine is between VND 60,231.25 and VND 204,786.25 per kilogram or between VND 27,315.76 and VND 92,873.58 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam wine is between US$ 1.69 and US$ 5.73 per kilogram or between US$ 0.76 and US$ 2.60 per pound(lb).
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Vietnam Wine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wine from Vietnam over the last five years has seen a steady increase. In 2013, the export price was 1.48 US $ per kg, and by 2020, it had risen to 1.53 US $ per kg. The highest export price was recorded in 2014 at 1.69 US $ per kg, while the lowest was in 2016 at 1.36 US $ per kg. Based on this trend, it is predicted that the export price of Wine from Vietnam in 2023 will be 1.63 US $ per kg and in 2024 will be 1.73 US $ per kg.Vietnam Wine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wine into Vietnam over the last five years has been relatively stable. In 2016, the price was $1.36, followed by $1.32 in 2017, $1.48 in 2018, $1.38 in 2019 and $1.53 in 2020. This suggests that the price of Wine has been fluctuating between $1.30 and $1.50 over the last five years. Based on this trend, it is likely that the import price per kilogram of Wine into Vietnam in 2023 will be around $1.45 and in 2024 will be around $1.48.Export values for Vietnam wine
The total values in export for wine in Vietnam were US$ 15,521, US$ 13,303, US$ 9,506 and US$ 10,462 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Vietnam: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of wine in other countries across Asia: Kazakhstan wine, Kyrgyzstan wine, Tajikistan wine, Turkmenistan wine, Uzbekistan wine, China wine, Hong Kong wine, Macao wine, North Korea wine & Mongolia wine.
Vietnam wine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam exported 7,588 tonnes of wine. Through 2019 alone, the demand for Vietnam wine (processed category) has gone up, with a change of 17.954 % compared to the year 2018. Between 2017 and 2019, wine's exports reduced by -24.63 percent earning Vietnam US$10.46m for the year 2019. Vietnam's wine exports are classified as:
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Sparkling wine of fresh grapes (HS code 220410)
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
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Vietnam wine export values
In 2019, Vietnam exported wine valued at 10.46m USD, an increment of 10.04% from 2018's total wine export of 9.506m USD. The annual change in value of Vietnam wine between 2017 to 2018 was -28.542 per cent.
The yearly change in the quantity of Vietnam's wine exports between 2017 and 2019 was -24.63 pc compared to a variation of 17.954% in the period between 2018 and 2019.
Vietnam's stake of the world's total wine's exports in 2019 was less than 1%. Vietnam is ranked position 26 in world exports of wine.
Export markets for Vietnam wine ( in '000$ )
Import/Export Trends
Vietnam is a net importer of wine. The annual growth of Vietnam wine in value between 2015 to 2019 was -6%, per year, while annual growth in quantity for the same period was -13%, per annum.
Vietnam ordered 13,036 tonnes of wine in 2019.