Vietnam is the 24th largest export economy in the world and the 50th most complex economy according to the Economic Complexity Index (ECI). In 2015, Vietnam exported $185B and imported $169B, resulting in a positive trade balance of $15.8B. In 2015 the GDP of Vietnam was $193B and its GDP per capita was $6.03k.
In 2015 Vietnam exported $185B, making it the 24th largest exporter in the world. During the last five years the exports of Vietnam have increased at an annualized rate of 18.6%, from $77.3B in 2010 to $185B in 2015.
The top exports of Vietnam are Broadcasting Equipment ($30.3B), Integrated Circuits ($10.8B), Computers ($7.29B), Leather Footwear ($6.27B) and Textile Footwear ($6.01B), using the 1992 revision of the HS (Harmonized System) classification.
The top export destinations of Vietnam are the United States ($38.1B), China ($19.2B), Japan ($15B), South Korea ($9.6B) and Germany ($8.71B).
In 2015 Vietnam imported $169B, making it the 27th largest importer in the world. During the last five years the imports of Vietnam have increased at an annualized rate of 13.8%, from $84.6B in 2010 to $169B in 2015. The most recent imports are led by Integrated Circuits which represent 6.62% of the total imports of Vietnam, followed by Telephones, which account for 6.24%.
Its top imports are Integrated Circuits ($11.2B), Telephones($10.6B), Refined Petroleum ($5.81B), Light Rubberized Knitted Fabric ($3.39B) and Crustaceans($1.88B).
The top import origins are China ($49.8B), South Korea ($26.6B), Japan ($13.1B), Other Asia ($9.9B) and Thailand($8.51B).
Vietnam’s Top 10 Exports in 2016
|
Products
|
Highest
Dollar Value (US $ Billion)
|
Per
%
|
|
Electrical Machinery, Equipments
|
76.9
|
36.5 %
|
|
Footwears
|
17.9
|
8.5 %
|
|
Machinery Including Computers
|
13
|
6.2 %
|
|
Clothings, Accessories (not knit or
crochet)
|
12.9
|
6.1 %
|
|
Knit or Crochet Clothings, Accessories
|
11.7
|
5.6 %
|
|
Furniture, Bedding, lightings, signs,
prefab buildings
|
8
|
3.8 %
|
|
Coffee, Tea, Spices
|
4.5
|
2.1 %
|
|
Fish
|
4.4
|
2.1 %
|
|
Leather/animal gut articles
|
3.8
|
1.8 %
|
|
Fruits, nuts
|
3.2
|
1.5 %
|
Vietnam’s Top 10 Imports in 2016
|
Products
|
Highest
Dollar Value (US $ Billion)
|
Per
%
|
|
Electrical Machinery, Equipments
|
45.6
|
23 %
|
|
Machinery Including Computers
|
21
|
10.6 %
|
|
Plastics, Plastic Articles
|
9.6
|
4.9 %
|
|
Iron, Steel
|
8.8
|
4.4 %
|
|
Mineral Fuels including Oils
|
7.6
|
3.9 %
|
|
Vehicles
|
6.4
|
3.3 %
|
|
Aluminium
|
5.9
|
3.0 %
|
|
Optical, technical, medical apparatus
|
5.5
|
2.8 %
|
|
Fish
|
5.2
|
2.6 %
|
|
Knit or Crochet Fabrics
|
5.2
|
2.6 %
|