This page provides the latest reported value for - Vietnam Exports - plus previous releases, historical high and low, short-term … In turn, these cashflows indicate Vietnam’s strong competitive advantages under the electrical products category.Below are exports from Vietnam that result in negative net exports or product trade balance deficits. The following export product groups represent the highest dollar value in Vietnamese global shipments during 2019. Relatedness measures the distance between a product, and all of the products it is currently specialized in.The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. 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.In 2018 Vietnam imported $253B, making it the number 20 trade destination in the world. Exports in Vietnam increased to 23 USD Billion in July from 22.56 USD Billion in June of 2020. During the last five reported years the imports of Vietnam changed by $116B from $137B in 2013 to $253B in 2018.In 2019, Vietnam exported $16.6B worth of services. Also shown is the percentage share each export category represents in terms of overall exports from Vietnam.Vietnam’s top 10 exports accounted for over three-quarters (76.9%) of the overall value of its global shipments.Overall, Vietnam posted an estimated $41 billion trade surplus during 2019, up by 500.1% from the $6.8 billion in black ink one year earlier.Vietnam has highly positive net exports in the international trade of electrical machinery and equipment. As mangoes are grown nearly everywhere in Vietnam, it is no surprise that the country has used this to their advantage. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. The top services exported by Vietnam in 2019 were Travel ($11.8B), Air transport ($2.36B), Sea transport ($831M), Miscellaneous business, professional, and technical services ($646M), and Financial services ($210M).The top services imported by Vietnam in 2019 were Sea transport ($7.17B), Travel ($6.15B), Construction services ($1.18B), Air transport ($1.1B), and Insurance services ($712M).This section shows forecasts for total product exports and imports for Vietnam. Exports in Vietnam averaged 7.43 USD Billion from 1990 until 2020, reaching an all time high of 25.89 USD Billion in August of 2019 and a record low of 0.54 USD Billion in February of 1997. Vietnamese fruits are generally a popular export. If you’ve been to Vietnam, you’ll know that the climate here is sure to … These negative net exports reveal product categories where foreign spending on home country Vietnam’s goods trail Vietnamese importer spending on foreign products.Vietnam has highly negative net exports and therefore deep international trade deficits for printing machinery and computers under the machinery including computers product category.Two Vietnamese corporations rank among Forbes Global 2000.


In 2019, Vietnam exported $16.6B worth of services.

In macroeconomic terms, Vietnam’s total exported goods represent 30.4% of its overall Gross Domestic Product for 2019 ($1 trillion valued in Purchasing Power Parity US dollars). The first export of Vietnamese mangoes to the US happened on April 18th of 2019 from Dong Thap, a Mekong Delta province and was a big feat for Vietnam’s fruit industry.

Key imports were electronics and machinery, the department said. The top services exported by Vietnam in 2019 were Travel ($11.8B), Air transport ($2.36B), Sea transport ($831M), Miscellaneous business, professional, and technical services ($646M), and Financial services ($210M). Relatedness is a predictive of the probability that a country increases its exports in a product. One company, Vietin Bank is a regional bank.Click to email this to a friend (Opens in new window) Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions. To explore different rankings and vary these parameters visit the custom rankings section.The highest complexity exports of Vietnam according to the product complexity index (PCI) are The top export opportunities for Vietnam according to the relatedness index, are The product space is a network connecting products that are likely to be co-exported. Export figures underpin strong 2019 for Vietnam - illustration photo Minister of Industry and Trade Tran Tuan Anh reported at the annual review conference in Hanoi last week that Vietnam’s foreign trade for the first time reached over $500 billion in 2019, up 7.6 on-year, with a … That 30.4% for exports to overall GDP in PPP for 2019 compares to 39.1% for 2018. Exports in 2019 rose 8.4% to $264.189 billion, while imports rose 6.8% to $253.071 billion, the Customs Department said in a statement. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.The top product import tariffs by their MFN Ad Valorem value for Vietnam are Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.During the last 20 years Vietnam's⁩ ⁨economy has become relatively more complex, moving from the ⁩⁨87th to the 81st⁩ position in the ECI rank.These economic complexity rankings use 6 digit exports classified according to the HS96 classification. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports.

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