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Vietnam Trade Summary

2014

Vietnam exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR VIETNAM 2014

Overall Exports and Imports for Vietnam 2014

Exports and imports of Vietnam in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 150,217 million.
  • The total value of imports (CIF) was 147,839 million.
  • At the HS6 digit level, 3,589 products were exported to 154 countries and 4,321 products were imported from 144 countries.

Vietnam top 5 Export and Import partners 2014

Top five countries to which Vietnam exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Vietnam exports to United States worth US$ 28,650 million, with a partner share of 19.07 percent.
  2. Vietnam exports to China worth US$ 14,928 million, with a partner share of 9.94 percent.
  3. Vietnam exports to Japan worth US$ 14,675 million, with a partner share of 9.77 percent.
  4. Vietnam exports to Korea, Rep. worth US$ 7,167 million, with a partner share of 4.77 percent.
  5. Vietnam exports to Hong Kong, China worth US$ 5,265 million, with a partner share of 3.50 percent.

Top five countries from which Vietnam imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Vietnam imports from China worth US$ 43,648 million, with a partner share of 29.52 percent.
  2. Vietnam imports from Korea, Rep. worth US$ 21,728 million, with a partner share of 14.70 percent.
  3. Vietnam imports from Japan worth US$ 12,857 million, with a partner share of 8.70 percent.
  4. Vietnam imports from Other Asia, nes worth US$ 11,064 million, with a partner share of 7.48 percent.
  5. Vietnam imports from Thailand worth US$ 7,053 million, with a partner share of 4.77 percent.

Vietnam Top 5 Productsexports imports at HS 6 digit level 2014

The top five exported HS 6 digit level products to world by Vietnam along with trade value are:

  1. Vietnam exported Transmission apparatus, for radioteleph incorpo , worth US$ 21,369,105.52 million.
  2. Vietnam exported Petroleum oils and oils obtained from bituminou , worth US$ 7,224,230.19 million.
  3. Vietnam exported Coffee, not roasted or decaffeinated , worth US$ 3,267,705.56 million.
  4. Vietnam exported Digital auto data process mach cntg in the same , worth US$ 3,171,881.58 million.
  5. Vietnam exported Semi-milled or wholly milled rice , worth US$ 2,852,872.58 million.

The top five imported HS 6 digit level products from world by Vietnam along with trade value are

  1. Vietnam imported Monolithic integrated circuits, nes , worth US$ 10,026,958.10 million.
  2. Vietnam imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 8,028,940.46 million.
  3. Vietnam imported Parts of electrical apparatus for line telephon , worth US$ 7,378,360.59 million.
  4. Vietnam imported Oil-cake and other solid residues, of soya-bean , worth US$ 1,859,789.36 million.
  5. Vietnam imported Printed circuits , worth US$ 1,455,255.43 million.

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Vietnam in 2014 are below

  • The maximum rate of tariff in percentage on any product was 135 percent.
  • The simple average tariff across all products was 6.63 percent.
  • The trade weighted average tariff was 3.43 .
  • The total duty free imports in thousands of US dollars were 64,787,414.25 and duty free tariff line items share was 39.57 percent.

Development Indicators 2014

Key Development Indicators of Vietnam in 2014 are below

  • Vietnam GDP in current US dollar was 233,451 million.
  • GNI per capita, Atlas method (current US$) was 2,400.00 .
  • Vietnam Trade balance: as % of GDP was 3.79.
  • Trade balance in current US$ was 8,840.00 million.
  • Trade as percentage of GDP was 135.41 .
  • Trade in services as percentage of GDP was 10.91 .

Trade Indicators 2014

Trade Indicators for Vietnam in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 12.20.
  • World Growth in percentage was 0.23 and Vietnam Country Growth was 6.55 .