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Vietnam Trade Summary

2022

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 2022

Overall Exports and Imports for Vietnam 2022

Exports and imports of Vietnam in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 370,909 million.
  • The total value of imports (CIF) was 358,788 million.
  • At the HS6 digit level, 3,730 products were exported to 97 countries and 4,294 products were imported from 97 countries.

Vietnam top 5 Export and Import partners 2022

Top five countries to which Vietnam exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Vietnam exports to United States worth US$ 109,460 million, with a partner share of 29.51 percent.
  2. Vietnam exports to China worth US$ 57,678 million, with a partner share of 15.55 percent.
  3. Vietnam exports to Korea, Rep. worth US$ 24,265 million, with a partner share of 6.54 percent.
  4. Vietnam exports to Japan worth US$ 24,228 million, with a partner share of 6.53 percent.
  5. Vietnam exports to Hong Kong, China worth US$ 10,936 million, with a partner share of 2.95 percent.

Top five countries from which Vietnam imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Vietnam imports from China worth US$ 117,651 million, with a partner share of 32.79 percent.
  2. Vietnam imports from Korea, Rep. worth US$ 62,051 million, with a partner share of 17.29 percent.
  3. Vietnam imports from Japan worth US$ 23,312 million, with a partner share of 6.50 percent.
  4. Vietnam imports from Other Asia, nes worth US$ 22,615 million, with a partner share of 6.30 percent.
  5. Vietnam imports from United States worth US$ 14,477 million, with a partner share of 4.04 percent.

Vietnam Top 5 Productsexports imports at HS 6 digit level 2022

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 51,370,623.39 (US$ Thousands).
  2. Vietnam exported Parts of electrical apparatus for line telephon , worth 26,089,076.33 (US$ Thousands).
  3. Vietnam exported Parts and accessories of automatic data process , worth 15,341,540.36 (US$ Thousands).
  4. Vietnam exported Monolithic integrated circuits, digital , worth 12,919,166.23 (US$ Thousands).
  5. Vietnam exported Photosensitive semiconductor devices,photovolta , worth 7,419,544.25 (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 53,613,023.96 (US$ Thousands).
  2. Vietnam imported Parts of electrical apparatus for line telephon , worth 20,775,541.66 (US$ Thousands).
  3. Vietnam imported Petroleum oils, etc, (excl. crude); preparation , worth 9,774,288.17 (US$ Thousands).
  4. Vietnam imported Petroleum oils and oils obtained from bituminou , worth 7,253,996.25 (US$ Thousands).
  5. Vietnam imported Printed circuits , worth 5,758,259.44 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Vietnam in 2022 are below

  • The maximum rate of tariff in percentage on any product was 135 percent.
  • The simple average tariff across all products was 3.71 percent.
  • The trade weighted average tariff was 1.07 .
  • The total duty free imports in thousands of US dollars were 281,024,340.58 and duty free tariff line items share was 59.58 percent.

Development Indicators 2022

Key Development Indicators of Vietnam in 2022 are below

  • Vietnam GDP in current US dollar was 408,802 million.
  • GNI per capita, Atlas method (current US$) was 4,010.00 .
  • Vietnam Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 9.40 .

Trade Indicators 2022

Trade Indicators for Vietnam in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.13.
  • Index of export market penetration was 15.29.
  • World Growth in percentage was 5.18 and Vietnam Country Growth was 5.66 .