Flag China / Vietnam Flag

2020
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Exports
: $104B, Rnk 6 / 209

2020
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Top Product
: $12B, Integrated Circuits

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

2020
FlagFlag
Top Product
: $12.5B, Telephones

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

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

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

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

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

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

China-Vietnam In 2020, China exported $104B to Vietnam. The main products that China exported to Vietnam are 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.

Vietnam-China In 2020, Vietnam exported $49.4B to China . The main products that Vietnam exported 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, Vietnam did not export any services to China.

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

Historical Data

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Bilateral Trade by Products

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Depth
Value

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.

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.

Market Competitiveness

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Measure

China
Top Destination
: United States, $438B

Vietnam
Top Destination
: United States, $77B

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

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

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

Comparative Advantage China - Vietnam

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Flow

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

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

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).

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 China has comparative advantage over Vietnam. Similarly, the more yellow a dot/product is, the more Vietnam has comparative advantage over China.