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Vietnam Trade Summary

2016

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 2016

Overall Exports and Imports for Vietnam 2016

Exports and imports of Vietnam in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 176,581 million.
  • The total value of imports (CIF) was 174,978 million.
  • At the HS6 digit level, 3,783 products were exported to 143 countries and 4,399 products were imported from 143 countries.

Vietnam top 5 Export and Import partners 2016

Top five countries to which Vietnam exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Vietnam exports to United States worth US$ 38,473 million, with a partner share of 21.79 percent.
  2. Vietnam exports to China worth US$ 21,950 million, with a partner share of 12.43 percent.
  3. Vietnam exports to Japan worth US$ 14,671 million, with a partner share of 8.31 percent.
  4. Vietnam exports to Korea, Rep. worth US$ 11,406 million, with a partner share of 6.46 percent.
  5. Vietnam exports to Hong Kong, China worth US$ 6,088 million, with a partner share of 3.45 percent.

Top five countries from which Vietnam imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Vietnam imports from China worth US$ 50,038 million, with a partner share of 28.60 percent.
  2. Vietnam imports from Korea, Rep. worth US$ 32,193 million, with a partner share of 18.40 percent.
  3. Vietnam imports from Japan worth US$ 15,098 million, with a partner share of 8.63 percent.
  4. Vietnam imports from Other Asia, nes worth US$ 11,242 million, with a partner share of 6.42 percent.
  5. Vietnam imports from Thailand worth US$ 8,855 million, with a partner share of 5.06 percent.

Vietnam Top 5 Productsexports imports at HS 6 digit level 2016

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 27,179,868.46 (US$ Thousands).
  2. Vietnam exported Parts of electrical apparatus for line telephon , worth 7,210,674.53 (US$ Thousands).
  3. Vietnam exported Monolithic integrated circuits, nes , worth 5,179,683.31 (US$ Thousands).
  4. Vietnam exported Sports footwear,with rubber or plastic soles an , worth 3,795,981.24 (US$ Thousands).
  5. Vietnam exported Digital auto data process mach cntg in the same , worth 2,999,495.63 (US$ Thousands).

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 15,792,245.06 (US$ Thousands).
  2. Vietnam imported Parts of electrical apparatus for line telephon , worth 9,517,483.94 (US$ Thousands).
  3. Vietnam imported Petroleum oils, etc, (excl. crude); preparation , worth 5,646,042.65 (US$ Thousands).
  4. Vietnam imported Printed circuits , worth 2,311,806.55 (US$ Thousands).
  5. Vietnam imported Parts suitable for use solely or princ with the , worth 2,235,372.00 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Vietnam in 2016 are below

  • The maximum rate of tariff in percentage on any product was 135 percent.
  • The simple average tariff across all products was 6.40 percent.
  • The trade weighted average tariff was 2.86 .
  • The total duty free imports in thousands of US dollars were 101,509,507.31 and duty free tariff line items share was 46.55 percent.

Development Indicators 2016

Key Development Indicators of Vietnam in 2016 are below

  • Vietnam GDP in current US dollar was 257,096 million.
  • GNI per capita, Atlas method (current US$) was 2,580.00 .
  • Vietnam Trade balance: as % of GDP was 2.81.
  • Trade balance in current US$ was 7,212.00 million.
  • Trade as percentage of GDP was 145.41 .
  • Trade in services as percentage of GDP was 11.38 .

Trade Indicators 2016

Trade Indicators for Vietnam in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 13.23.
  • World Growth in percentage was -1.35 and Vietnam Country Growth was 5.29 .