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Vietnam Trade Summary

2021

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 2021

Overall Exports and Imports for Vietnam 2021

Exports and imports of Vietnam in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 335,793 million.
  • The total value of imports (CIF) was 330,752 million.
  • At the HS6 digit level, 3,740 products were exported to 97 countries and 4,327 products were imported from 97 countries.

Vietnam top 5 Export and Import partners 2021

Top five countries to which Vietnam exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Vietnam exports to United States worth US$ 96,328 million, with a partner share of 28.69 percent.
  2. Vietnam exports to China worth US$ 55,923 million, with a partner share of 16.65 percent.
  3. Vietnam exports to Korea, Rep. worth US$ 21,934 million, with a partner share of 6.53 percent.
  4. Vietnam exports to Japan worth US$ 20,118 million, with a partner share of 5.99 percent.
  5. Vietnam exports to Hong Kong, China worth US$ 11,985 million, with a partner share of 3.57 percent.

Top five countries from which Vietnam imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Vietnam imports from China worth US$ 109,851 million, with a partner share of 33.21 percent.
  2. Vietnam imports from Korea, Rep. worth US$ 56,112 million, with a partner share of 16.97 percent.
  3. Vietnam imports from Japan worth US$ 22,602 million, with a partner share of 6.83 percent.
  4. Vietnam imports from Other Asia, nes worth US$ 20,758 million, with a partner share of 6.28 percent.
  5. Vietnam imports from United States worth US$ 15,179 million, with a partner share of 4.59 percent.

Vietnam Top 5 Productsexports imports at HS 6 digit level 2021

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 47,513,584.53 (US$ Thousands).
  2. Vietnam exported Parts of electrical apparatus for line telephon , worth 24,691,170.21 (US$ Thousands).
  3. Vietnam exported Monolithic integrated circuits, digital , worth 14,153,466.79 (US$ Thousands).
  4. Vietnam exported Parts and accessories of automatic data process , worth 10,261,278.60 (US$ Thousands).
  5. Vietnam exported Television receivers including video monitors a , worth 5,731,406.21 (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, digital , worth 46,241,931.07 (US$ Thousands).
  2. Vietnam imported Parts of electrical apparatus for line telephon , worth 20,649,253.12 (US$ Thousands).
  3. Vietnam imported Parts suitable for use solely or princ with the , worth 6,893,192.32 (US$ Thousands).
  4. Vietnam imported Printed circuits , worth 5,447,982.73 (US$ Thousands).
  5. Vietnam imported Petroleum oils and oils obtained from bituminou , worth 5,032,150.66 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Vietnam in 2021 are below

  • The maximum rate of tariff in percentage on any product was 135 percent.
  • The simple average tariff across all products was 4.22 percent.
  • The trade weighted average tariff was 1.17 .
  • The total duty free imports in thousands of US dollars were 206,095,852.06 and duty free tariff line items share was 57.39 percent.

Development Indicators 2021

Key Development Indicators of Vietnam in 2021 are below

  • Vietnam GDP in current US dollar was 366,138 million.
  • GNI per capita, Atlas method (current US$) was 3,590.00 .
  • Vietnam Trade balance: as % of GDP was 0.12.
  • Trade balance in current US$ was 421.00 million.
  • Trade as percentage of GDP was 186.47 .
  • Trade in services as percentage of GDP was 6.58 .

Trade Indicators 2021

Trade Indicators for Vietnam in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 15.65.
  • World Growth in percentage was 12.50 and Vietnam Country Growth was 9.39 .