Flag Vietnam / China Flag

2020
FlagFlag
Exports
: $49.4B, Rnk 2 / 143

2020
FlagFlag
Top Product
: $12.5B, Telephones

2020
FlagFlag
Exports
: $104B, Rnk 6 / 209

2020
FlagFlag
Top Product
: $12B, Integrated Circuits

2020
Flag
Economic Complexity (ECI)
: ECI -0.057, Rnk 61 / 127

2020
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Economic Complexity (ECI)
: ECI 0.96, Rnk 28 / 127

2020
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GDP
: $271B, CURRENT US$
Rnk 41 / 195

2010-2020
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GDP GROWTH
: 134%, CURRENT US$
Rnk 8 / 195

2020
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 GDP
: $14.7T, CURRENT US$
Rnk 2 / 195

2010-2020
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GDP GROWTH
: 142%, CURRENT US$
Rnk 5 / 195

2020
Flag
GDP PC 
: $2,786, CURRENT US$
Rnk 139 / 195

2010-2020
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GDP PC GROWTH
: 111%, CURRENT US$
Rnk 7 / 195

2020
Flag
GDP PC
: $10,435, CURRENT US$
Rnk 68 / 195

2010-2020
Flag
GDP PC GROWTH
: 129%, CURRENT US$
Rnk 5 / 195

Vietnam-China In 2020, Vietnam exported $49.4B to China. The main products that Vietnam exported to China are Telephones ($12.5B), Integrated Circuits ($8.47B), and Non-Retail Pure Cotton Yarn ($1.84B). During the last 25 years the exports of Vietnam to China have increased at an annualized rate of 22.6%, from $303M in 1995 to $49.4B in 2020.

In 2020, Vietnam did not export any services to China.

China-Vietnam In 2020, China exported $104B to Vietnam . The main products that China exported to Vietnam were Integrated Circuits ($12B), Telephones ($6.8B), and Semiconductor Devices ($3.67B). During the last 25 years the exports of China to Vietnam have increased at an annualized rate of 22%, from $718M in 1995 to $104B in 2020.

In 2020, China did not export any services to Vietnam.

Comparison In 2020,  Vietnam ranked 61 in the Economic Complexity Index (ECI -0.057), and 16 in total exports ($300B). That same year, China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Vietnam exported $49.4B to China. The main products exported from Vietnam to China were Telephones ($12.5B), Integrated Circuits ($8.47B), and Non-Retail Pure Cotton Yarn ($1.84B). During the last 25 years the exports of Vietnam to China have increased at an annualized rate of 22.6%, from $303M in 1995 to $49.4B in 2020.

In 2020, China exported $104B to Vietnam. The main products exported from China to Vietnam were Integrated Circuits ($12B), Telephones ($6.8B), and Semiconductor Devices ($3.67B). During the last 25 years the exports of China to Vietnam have increased at an annualized rate of 22%, from $718M in 1995 to $104B in 2020.

Market Competitiveness

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Measure

Vietnam
Top Destination
: United States, $77B

China
Top Destination
: United States, $438B

This map shows whether countries import more from Vietnam or China. Each country is colored based on the difference in imports they receive from Vietnam and China or the difference in the growth in imports.

In 2019, no countries were registered that imported more from Vietnam than from China.

In 2019, countries that imported more from China than Vietnam were United States ($438B), Hong Kong ($262B), and Japan ($151B).

Comparative Advantage Vietnam - China

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Flow

This chart compares trade between Vietnam and China by product, considering products traded by both, Vietnam and China.

During 2020, Vietnam had a large net trade with China in the exports of Machines ($28.6B), Textiles ($3.66B), and Vegetable Products ($2.64B).

During 2020, China had a large net trade with Vietnam in the exports of Machines ($50.4B), Textiles ($11.1B), and Metals ($8.9B).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Vietnam has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Vietnam.