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Vietnam Trade Summary

2017

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 2017

Overall Exports and Imports for Vietnam 2017

Exports and imports of Vietnam in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 215,119 million.
  • The total value of imports (CIF) was 213,215 million.
  • At the HS6 digit level, 3,831 products were exported to 143 countries and 4,399 products were imported from 141 countries.

Vietnam top 5 Export and Import partners 2017

Top five countries to which Vietnam exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Vietnam exports to United States worth US$ 41,550 million, with a partner share of 19.31 percent.
  2. Vietnam exports to China worth US$ 35,394 million, with a partner share of 16.45 percent.
  3. Vietnam exports to Japan worth US$ 16,792 million, with a partner share of 7.81 percent.
  4. Vietnam exports to Korea, Rep. worth US$ 14,807 million, with a partner share of 6.88 percent.
  5. Vietnam exports to Hong Kong, China worth US$ 7,574 million, with a partner share of 3.52 percent.

Top five countries from which Vietnam imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Vietnam imports from China worth US$ 58,533 million, with a partner share of 27.45 percent.
  2. Vietnam imports from Korea, Rep. worth US$ 46,943 million, with a partner share of 22.02 percent.
  3. Vietnam imports from Japan worth US$ 16,917 million, with a partner share of 7.93 percent.
  4. Vietnam imports from Other Asia, nes worth US$ 12,710 million, with a partner share of 5.96 percent.
  5. Vietnam imports from Thailand worth US$ 10,702 million, with a partner share of 5.02 percent.

Vietnam Top 5 Productsexports imports at HS 6 digit level 2017

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$ 29,670,036.59 million.
  2. Vietnam exported Parts of electrical apparatus for line telephon , worth US$ 15,847,655.26 million.
  3. Vietnam exported Monolithic integrated circuits, nes , worth US$ 6,758,767.94 million.
  4. Vietnam exported Sports footwear,with rubber or plastic soles an , worth US$ 4,663,987.44 million.
  5. Vietnam exported Cashew nuts, fresh or dried , worth US$ 3,386,171.80 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$ 20,564,383.06 million.
  2. Vietnam imported Parts of electrical apparatus for line telephon , worth US$ 15,204,515.77 million.
  3. Vietnam imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 7,639,829.89 million.
  4. Vietnam imported Printed circuits , worth US$ 3,356,673.85 million.
  5. Vietnam imported Parts suitable for use solely or princ with the , worth US$ 3,131,189.51 million.

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Vietnam in 2017 are below

  • The maximum rate of tariff in percentage on any product was 135 percent.
  • The simple average tariff across all products was 6.51 percent.
  • The trade weighted average tariff was 2.69 .
  • The total duty free imports in thousands of US dollars were 110,679,279.58 and duty free tariff line items share was 46.43 percent.

Development Indicators 2017

Key Development Indicators of Vietnam in 2017 are below

  • Vietnam GDP in current US dollar was 281,354 million.
  • GNI per capita, Atlas method (current US$) was 2,720.00 .
  • Vietnam Trade balance: as % of GDP was 2.55.
  • Trade balance in current US$ was 7,160.00 million.
  • Trade as percentage of GDP was 160.98 .
  • Trade in services as percentage of GDP was 10.72 .

Trade Indicators 2017

Trade Indicators for Vietnam in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 13.64.
  • World Growth in percentage was 5.56 and Vietnam Country Growth was 10.25 .