Vietnam
ECON COMPLEXITY (2018)
-0.28
RANK 81 OF 137
PRODUCT EXPORTS (2018)
$274B
RANK 19 OF 222
EXPORTS PER CAPITA (2018)
$2.86K
RANK 74 OF 219
PRODUCT IMPORTS (2018)
$253B
RANK 20 OF 221
IMPORTS PER CAPITA (2018)
$2.65K
RANK 77 of 219
SERVICE EXPORTS (2019)
$16.6B
RANK 1 OF 1
SERVICE IMPORTS (2019)
$18.3B
RANK 1 OF 1
GDP (2018)
$245B
CURRENT US$
RANK 45 OF 196
GDP GROWTH (2008-2018)
147%
CURRENT US$
RANK 10 OF 196
GDP PC (2018)
$2,567
CURRENT US$
RANK 141 OF 196
GDP PC GROWTH (2008-2018)
123%
CURRENT US$
RANK 8 OF 196
Overview: This page contains the latest international trade data for Vietnam, including service trade data, and tariffs. In 2018 Vietnam was the number 45 economy in the world in terms of GDP (current US$), the number 19 in total exports, the number 20 in total imports, and the number 81 most complex economy according to the Economic Complexity Index (ECI). In 2018, Vietnam exported $274B and imported $253B, resulting in a positive trade balance of $20.4B. In 2018, Vietnam’s exports per capita were $2.86k and its imports per capita were $2.65k.
Trade: The top exports of Vietnam are Broadcasting Equipment ($42.8B), Telephones ($23.1B), Integrated Circuits ($16B), Textile Footwear ($11.4B), and Broadcasting Accessories ($8.81B). The top imports of Vietnam are Integrated Circuits ($23B), Telephones ($10.8B), Refined Petroleum ($8.56B), Light Rubberized Knitted Fabric ($5.79B), and Electrical Parts ($4.28B).
Destinations: Vietnam exports mostly to China ($53.8B), United States($49.5B), Japan ($20.3B), South Korea ($19.4B), and Germany ($11.2B), and imports mostly from China ($83.3B), South Korea ($48.6B), Japan ($15.6B), Thailand ($13B), and Singapore ($11.8B).
Location: Vietnam borders Cambodia, China, and Laos by land and Indonesia, Malaysia, Philippines, and Thailand by sea.
Exports
In 2018 Vietnam exported a total of $274B, making it the number 19 exporter in the world. During the last five reported years the exports of Vietnam have changed by $125B from $149B in 2013 to $274B in 2018.
The most recent exports are led by Broadcasting Equipment ($42.8B), Telephones ($23.1B), Integrated Circuits ($16B), Textile Footwear ($11.4B), and Broadcasting Accessories ($8.81B).
Imports
In 2018 Vietnam imported $253B, making it the number 20 trade destination in the world. During the last five reported years the imports of Vietnam changed by $116B from $137B in 2013 to $253B in 2018.
The most recent imports of Vietnam are led by Integrated Circuits ($23B), Telephones ($10.8B), Refined Petroleum ($8.56B), Light Rubberized Knitted Fabric ($5.79B), and Electrical Parts ($4.28B).
Trade Balance
As of 2018 Vietnam had a positive trade balance of $15.7B in net exports. As compared to their trade balance in 1995 when they had a negative trade balance of $2.29B in net imports.
Destinations
The most common destination for the exports of Vietnam are China ($53.8B), United States ($49.5B), Japan ($20.3B), South Korea ($19.4B), and Germany ($11.2B).
Origins
The most common import partners for Vietnam are China ($83.3B), South Korea ($48.6B), Japan ($15.6B), Thailand ($13B), and Singapore ($11.8B).