Country export capability

Viet Nam
export capability

A reported view of Viet Nam's export scale, destination network, sector breadth, trade history, and market-access context. Use the indicators together; no single measure describes export readiness on its own.

VNM1995-2024 coverage1,080 active partner marketsMacro trend resilient
Latest exports$450.9B2024 reported value
Latest imports$381.2B2024 reported value
Trade balance$69.7BExports minus imports
Export growth+13.7%Latest year-on-year change
Active partners1,080Latest reported markets

Country export profile overview

Viet Nam export data in one research view

This profile brings together export performance, trade balance, destination markets, HS2 sectors, partner breadth, history, and market-access context for country export research.

Export scale and balance

Start with the latest reported trade position

In 2024, Viet Nam recorded $450.9B in exports and $381.2B in imports. The resulting $69.7B trade balance gives the latest country-level position a clear context.

Exports changed +13.7% year on year and show a calculated +7.3% three-year CAGR. CAGR is an annualized comparison of reported values, not a forecast.

Markets and sectors

See where export value is concentrated

USA, Puerto Rico and US Virgin Islands received $123.4B in reported exports, representing 27.4% of the latest country total. Electrical machinery was the largest displayed HS2 export sector at $177.8B and 39.4% of exports.

The visible page highlights five leading destinations and five leading HS2 sectors, while the complete structured files retain every row supplied for this sample.

History and coverage

Read today's number against the long series

The country series covers 1995 through 2024, with 30 observed annual rows. That longer view helps separate a single-year movement from the broader export trend.

Partner counts, tariff context, concentration, exposure shares, and momentum are supporting indicators calculated from available trade observations. Missing values remain unavailable rather than estimated.

Economy and structure

The context around Viet Nam's export base

Macroeconomic and structural indicators add context to merchandise trade scale. They describe the country environment; they do not predict company performance or future exports.

GDP$476.4B2024 macro context
GDP per capita$4.7KCurrent-dollar GDP
Population101MReported population
Labor force59.2KReported labor force
Investment rate32.5%National investment rate
Savings rate24.5%National savings rate
Trade openness301.9%Exports + imports / GDP
Exports / GDP163.6%Merchandise exports / GDP
Secondary education71.6%Education context
Tertiary education6.6%Education context

Market signals

Where to look more closely next

Route-level risk and emerging-corridor signals for further research. These are calculated indicators, not forecasts.

Destination risk contextAll covered routes
Destination risk context for Viet Nam
DestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
ChinaCHNHigh attention57.5%20.6%25%Volatile products account for the largest observed corridor exposure
USA, Puerto Rico and US Virgin IslandsUSAHigh attention85.7%10.2%4.5%Tariff, distance or agreement conditions create market-access friction
China, Hong Kong Special Administrative RegionHKGCritical attention75%20.6%0%Volatile products account for the largest observed corridor exposure
JapanJPNHigh attention75.7%11.9%1.8%Buyer-market concentration is the largest observed corridor exposure
FranceFRACritical attention24.1%18.9%2.1%Volatile products account for the largest observed corridor exposure
IndonesiaIDNHigh attention76.3%22.2%13.7%Volatile products account for the largest observed corridor exposure
MexicoMEXWatch47.4%9.3%13.5%Volatile products account for the largest observed corridor exposure
TurkeyTURCritical attention59.6%22.9%9%Buyer-market concentration is the largest observed corridor exposure
ThailandTHAHigh attention87.2%15.7%23.2%Volatile products account for the largest observed corridor exposure
IndiaINDHigh attention77.2%20.1%45.4%Buyer-market concentration is the largest observed corridor exposure

Full route coverage is retained. High attention means the route deserves closer product and access review.

Market opportunity signals

Product-market combinations worth investigating

All returned rows use buyer demand, exporter position, and calculated addressable-value fields. They are research signals, not forecasts.

Addressable-value signalsAll returned rows
Market opportunity signals for Viet Nam
RankMarket and productBuyer importsAddressable 3-year valueCurrent shareDemand signal
1ChinaHS6 260111 · Iron ores and concentrates: non-agglomerated$111.0B$119.1B0%Slowing -2.6%
2USA, Puerto Rico and US Virgin IslandsHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$165.0B$115.5B0%Stable +1.1%
3ChinaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$291.6B$98.6B0%Stable -6.7%
4ChinaHS6 854231 · Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$158.0B$74.2B7.3%Growing +10.5%
5IndiaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$130.1B$73.0B0%Growing -0.5%
6ChinaHS6 854232 · Electronic integrated circuits: memories$80.6B$65.6B0%Accelerating +20.6%
7ChinaHS6 710812 · Metals: gold, non-monetary, unwrought (but not powder)$80.8B$64.9B0%Declining +2.4%
8ChinaHS6 120190 · Soya beans: other than seed, whether or not broken$47.8B$62.4B0%Stable -13.5%

Addressable value is a calculated field. Validate product, buyer, tariff, and route conditions before commercial decisions.

Detailed export portfolioHS4 lines beneath the leading sectorsOpen the detailed four-digit export table for Viet Nam.
All HS4 export lines2024 ranking
Top HS4 export lines for Viet Nam
RankHS4Parent HS2 sectorExportsShareActive HS6
18517HS4 detail codeElectrical machinery (85) ↗$88.0B19.5%7
28471HS4 detail codeMachinery (84) ↗$23.2B5.1%8
38542HS4 detail codeElectrical machinery (85) ↗$22.3B5%5
48473HS4 detail codeMachinery (84) ↗$15.5B3.4%5
56404HS4 detail codeFootwear (64) ↗$12.3B2.7%3
66403HS4 detail codeFootwear (64) ↗$9.3B2.1%8
79403HS4 detail codeFurniture and lighting (94) ↗$8.6B1.9%11
88541HS4 detail codeElectrical machinery (85) ↗$8.5B1.9%7
98544HS4 detail codeElectrical machinery (85) ↗$7.6B1.7%8
108529HS4 detail codeElectrical machinery (85) ↗$7.6B1.7%2
118518HS4 detail codeElectrical machinery (85) ↗$6.8B1.5%8
128528HS4 detail codeElectrical machinery (85) ↗$6.5B1.4%9

HS4 values are reported observations. The hierarchy is preserved; no missing descriptions are inferred.

The country export read

Viet Nam combines $450.9B in exports with a broad partner network.

In 2024, Viet Nam recorded $450.9B in reported exports and $381.2B in imports, producing a reported trade surplus of $69.7B. Exports changed +13.7% year on year and +7.3% annualized over three years. Electrical machinery (HS2 85) was the largest displayed export sector by value.

Destination network

Where Viet Nam exports move

All returned destination lanes ranked by latest reported export value. Share is calculated against the country total. Review sources ↗

Latest reported destination lanesAll returned · 2024
Leading export destinations for Viet Nam
RankDestinationLatest exportsShareYear-on-year3-year CAGR
1USA, Puerto Rico and US Virgin IslandsUSA$123.4B27.4%+19.6%+8.4%
2ChinaCHN$84.7B18.8%+6.7%+3.1%
3Republic of KoreaKOR$27.0B6%+11.7%+6.4%
4JapanJPN$26.0B5.8%+9.5%+7.3%
5GermanyDEU$12.4B2.7%+12.6%+8.1%
6MexicoMEX$11.7B2.6%+24%+15.4%
7IndiaIND$9.8B2.2%+9.4%+14.7%
8CanadaCAN$9.8B2.2%+9.9%+10%
9United KingdomGBR$9.0B2%+15.8%+16%
10China, Hong Kong Special Administrative RegionHKG$8.8B1.9%+10%+9.1%

Destination values are reported country-to-country observations. Full returned rows remain in the downloads.

Trade history

A long view of export scale

Latest twelve years from the 30-year reported country series. Context, not a forecast.

Reported exports by year

2013
$137.0B
2014
$155.4B
2015
$175.5B
2016
$193.4B
2017
$232.5B
2018
$261.1B
2019
$285.5B
2020
$306.8B
2021
$365.1B
2022
$409.3B
2023
$396.5B
2024
$450.9B

Partner network

Scale is only one part of export capability

Partner breadth, distance, agreements, and tariffs add context to reported exports.

FTA partner markets102Reported count
WTO partner markets676Reported count
EU partner markets112Reported count
Shared-border partners6Country context
Shared-language partners0Country context
Average partner distance9,643 kmCalculated average
Partners with FTA9.4%Calculated share
Applied tariff context0.1%Calculated average
MFN tariff context0.1%Calculated average
Tariff advantage+0.1 ppPreferential vs MFN

Exposure context

Signals to examine alongside export scale

Calculated or classified route and country context. Not predictions or recommendations.

Attention share66.4%

Covered value under attention

Critical share5.2%

Covered value marked critical

Below historical peak15.7%

Distance below route peaks

FTA-covered exports64.1%

Covered value with FTA context

Weighted tariff context0.1%

Export-weighted tariff

Macro contextMacro trend resilient

Primary attention driver: High trade volatility.

Momentum score11.8

History-based indicator

Partner concentration1,231.8

Partner HHI

Product concentration230.4

Product HHI

Country attention level: Watch. Missing fields remain unavailable.

Complete country valuesOpen the full profile evidenceFull history, sectors, HS4, destinations, risk, opportunities, and source fields.

Profile fields

Year2,024
Country Iso3VNM
Exports Usd$450.9B
Imports Usd$381.2B
Trade Balance Usd$69.7B
Yoy Exports Growth Pct13.7%
Yoy Imports Growth Pct15.7%
Exports Cagr 3y Pct7.3%
Imports Cagr 3y Pct4.2%
Export Partner Hhi1,231.8
Export Product Hhi230.4
Momentum Score11.8
Risk Score7.3
Gdp Million Usd476,388.23 million USD
Gdp Per Capita Usd$4.7K
Population100,987,686
Labor Force59,201.5
Investment Rate Pct32.5%
Savings Rate Pct24.5%
Secondary Education Pct71.6%
Tertiary Education Pct6.6%
Total Factor Productivity287.3
Trade Openness Pct301.9%
Exports Gdp Pct163.6%
Num Active Partners1,080
Num Fta Partners102
Num Wto Partners676
Num Eu Partners112
Num Shared Border Partners6
Num Shared Language Partners0
Avg Partner Distance Km9,643 km
Avg Partner Gdp Million Usd533,678,518.33 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta9
Pct Partners Shared Language0
Pct Partners Shared Border1
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp+0.1 pp
Avg Distance All Partners Km9,402
Num Border Partners105
Num Colonial Partners35
Avg Substitution Elasticity-10.5
Pct Products High Elasticity75
Pct Products Low Elasticity3
Real Market Potential74,425.9
Foreign Market Potential10,045.7

Exposure fields

Country Iso3VNM
All History Lane Count40,759
Current Lane Count35,219
Critical Lane Count256
High Attention Lane Count8,583
High Volatility Lane Count23,120
Unrecovered Drawdown Lane Count11,748
Declining Demand Lane Count237
Concentrated Market Lane Count18,090
Access Friction Lane Count5,552
Buyer Macro Weakness Lane Count3,438
Monitored Exports Current Usd$442.8B
Attention Exports Usd$294.2B
Critical Exports Usd$23.2B
High Volatility Exports Usd$327.0B
Unrecovered Drawdown Exports Usd$42.4B
Non Fta Exports Usd$158.4B
Monitored Attention Share Pct66.4%
Monitored Critical Share Pct5.2%
Fta Covered Exports Share Pct64.1%
Export Weighted Volatility Cv1.4
Export Weighted Below Peak Pct15.7%
Export Weighted Distance Km7,435 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$450.9B
Total Imports Latest Usd$381.2B
Trade Balance Latest Usd$69.7B
Exports Yoy Latest Pct13.7%
Exports Cagr 3y Latest Pct7.3%
Gdp Latest Million Usd476,388.23 million USD
Gdp Per Capita Latest Usd$4.7K
Population Latest100,987,686
Investment Rate Latest Pct32.5%
Savings Rate Latest Pct24.5%
Trade Openness Latest Pct301.9%
Exports Gdp Latest Pct163.6%
Active Partners Latest1,080
Fta Partners Latest102
Foreign Market Potential Latest10,045.7
Gdp 5y Cagr Pct7.3%
Gdp Per Capita 5y Cagr Pct6.5%
Population 5y Cagr Pct0.8%
Partner Hhi Latest1,231.8
Partner Top1 Share Latest Pct27.4%
Partner Top3 Share Latest Pct52.1%
Partner Hhi All Avg842.1
Partner Hhi All Max1,285.6
Product Hhi Latest230.4
Product Top1 Share Latest Pct11.1%
Product Top3 Share Latest Pct20.7%
Product Hhi All Avg362.2
Product Hhi All Max686.3
Total Exports Attention Share Pct65.2%
Total Exports Critical Share Pct5.2%
Attention LevelWatch
Primary Risk DriverHigh trade volatility
Macro Resilience LabelMacro trend resilient

Annual country history

YearExportsImportsTrade balanceExports YoYExports CAGR 3Y
1995$5.8B$9.3B-$3.5BNot reportedNot reported
1996$7.3B$12.1B-$4.8B+25.3%Not reported
1997$9.0B$12.0B-$3.0B+24.4%Not reported
1998$9.1B$11.5B-$2.4B+1.1%+16.4%
1999$11.1B$11.6B-$494.3M+21.9%+15.3%
2000$14.3B$15.0B-$694.5M+28.5%+16.5%
2001$14.8B$15.7B-$901.7M+3.2%+17.4%
2002$16.9B$19.1B-$2.2B+14.3%+14.9%
2003$20.8B$24.4B-$3.5B+23.3%+13.3%
2004$27.1B$31.0B-$3.9B+30.3%+22.4%
2005$33.0B$35.8B-$2.8B+21.7%+25%
2006$40.3B$43.8B-$3.5B+22.1%+24.6%
2007$49.1B$60.9B-$11.8B+21.9%+21.9%
2008$63.6B$78.4B-$14.8B+29.6%+24.5%
2009$59.1B$70.8B-$11.7B-7.2%+13.6%
2010$72.6B$89.5B-$16.9B+23%+13.9%
2011$95.9B$114.0B-$18.2B+32%+14.6%
2012$118.6B$124.3B-$5.8B+23.7%+26.2%
2013$137.0B$150.9B-$14.0B+15.5%+23.6%
2014$155.4B$171.3B-$15.9B+13.4%+17.5%
2015$175.5B$185.5B-$10.0B+13%+14%
2016$193.4B$192.6B$797.8M+10.2%+12.2%
2017$232.5B$231.1B$1.4B+20.2%+14.4%
2018$261.1B$252.3B$8.8B+12.3%+14.2%
2019$285.5B$265.2B$20.2B+9.3%+13.9%
2020$306.8B$273.3B$33.6B+7.5%+9.7%
2021$365.1B$336.5B$28.6B+19%+11.8%
2022$409.3B$364.1B$45.2B+12.1%+12.8%
2023$396.5B$329.6B$66.9B-3.1%+8.9%
2024$450.9B$381.2B$69.7B+13.7%+7.3%

Top export sectors

RankHS2SectorExportsShareExport partnersActive HS6
185Electrical machinery$177.8B39.4%162262
284Machinery$56.3B12.5%162515
364Footwear$27.9B6.2%15225
461Knitted clothing$18.0B4%150106
562Non-knitted clothing$18.0B4%148112
694Furniture and lighting$16.0B3.5%15442
739Plastics$9.2B2%159129
872Iron and steel$9.1B2%125167
908Edible fruit and nuts$7.3B1.6%13968
1040Rubber$7.2B1.6%15080

Detailed HS4 export lines

RankHS4Parent HS2ExportsShareActive HS6
18517Electrical machinery (85)$88.0B19.5%7
28471Machinery (84)$23.2B5.1%8
38542Electrical machinery (85)$22.3B5%5
48473Machinery (84)$15.5B3.4%5
56404Footwear (64)$12.3B2.7%3
66403Footwear (64)$9.3B2.1%8
79403Furniture and lighting (94)$8.6B1.9%11
88541Electrical machinery (85)$8.5B1.9%7
98544Electrical machinery (85)$7.6B1.7%8
108529Electrical machinery (85)$7.6B1.7%2
118518Electrical machinery (85)$6.8B1.5%8
128528Electrical machinery (85)$6.5B1.4%9

Top export destinations

RankDestinationISO3ExportsShareYoYCAGR 3Y
1USA, Puerto Rico and US Virgin IslandsUSA$123.4B27.4%+19.6%+8.4%
2ChinaCHN$84.7B18.8%+6.7%+3.1%
3Republic of KoreaKOR$27.0B6%+11.7%+6.4%
4JapanJPN$26.0B5.8%+9.5%+7.3%
5GermanyDEU$12.4B2.7%+12.6%+8.1%
6MexicoMEX$11.7B2.6%+24%+15.4%
7IndiaIND$9.8B2.2%+9.4%+14.7%
8CanadaCAN$9.8B2.2%+9.9%+10%
9United KingdomGBR$9.0B2%+15.8%+16%
10China, Hong Kong Special Administrative RegionHKG$8.8B1.9%+10%+9.1%

Destination risk context

RankDestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
1China (CHN)High attention57.5%20.6%25%Volatile products account for the largest observed corridor exposure
2USA, Puerto Rico and US Virgin Islands (USA)High attention85.7%10.2%4.5%Tariff, distance or agreement conditions create market-access friction
3China, Hong Kong Special Administrative Region (HKG)Critical attention75%20.6%0%Volatile products account for the largest observed corridor exposure
4Japan (JPN)High attention75.7%11.9%1.8%Buyer-market concentration is the largest observed corridor exposure
5France (FRA)Critical attention24.1%18.9%2.1%Volatile products account for the largest observed corridor exposure
6Indonesia (IDN)High attention76.3%22.2%13.7%Volatile products account for the largest observed corridor exposure
7Mexico (MEX)Watch47.4%9.3%13.5%Volatile products account for the largest observed corridor exposure
8Turkey (TUR)Critical attention59.6%22.9%9%Buyer-market concentration is the largest observed corridor exposure
9Thailand (THA)High attention87.2%15.7%23.2%Volatile products account for the largest observed corridor exposure
10India (IND)High attention77.2%20.1%45.4%Buyer-market concentration is the largest observed corridor exposure

Emerging corridor signals

RankDestinationHS6SignalMarket importsCurrent shareStrength
1Angola (AGO)030253new$162.6K85.8%100
2United Arab Emirates (ARE)030243new$1.1M20.3%100
3United Arab Emirates (ARE)310551new$116.0K97.9%100
4Angola (AGO)842482new$4.5M2.6%100
5Belize (BLZ)392510new$335.4K35.8%100
6Bosnia and Herzegovina (BIH)410792new$23.2M0.6%100
7Bulgaria (BGR)910212new$3.2M10.4%100
8Bulgaria (BGR)901310new$6.7M4.4%100
9Bulgaria (BGR)854690new$6.3M2.2%100
10Belgium (BEL)720712new$747.9M3.6%100

Market opportunity signals

RankMarketHS6Buyer importsAddressable 3-year valueCurrent shareSignal
1China (CHN)260111$111.0B$119.1B0%Slowing (-2.6%)
2USA, Puerto Rico and US Virgin Islands (USA)270900$165.0B$115.5B0%Stable (+1.1%)
3China (CHN)270900$291.6B$98.6B0%Stable (-6.7%)
4China (CHN)854231$158.0B$74.2B7.3%Growing (+10.5%)
5India (IND)270900$130.1B$73.0B0%Growing (-0.5%)
6China (CHN)854232$80.6B$65.6B0%Accelerating (+20.6%)
7China (CHN)710812$80.8B$64.9B0%Declining (+2.4%)
8China (CHN)120190$47.8B$62.4B0%Stable (-13.5%)

How to read this page

Separate reported scale from calculated context.

Reported exports, imports, trade balance, sector rows, destination rows, and annual history describe merchandise trade observations for the stated country and year.

CAGR, shares, concentration measures, tariff context, exposure shares, and momentum are calculated indicators built from the available observations. They help organize research but are not additional reported trade or forecasts.

Coverage runs from 1995 through 2024 for this profile. Missing values are shown as Not reported. Read the full methodology ↗

Reported observations

OECD BIMTS merchandise trade values are the primary series for this view.

Calculated indicators

Growth, share, HHI, tariff, and exposure fields are derived from available reported values.

Coverage limits

Unavailable values remain unavailable. No company sales, shipment records, or forecasts are implied.

Questions about this profile

Viet Nam export capability, in context

Short answers for readers comparing country export scale, partner breadth, and calculated trade indicators.

What does the Viet Nam export profile measure?

It combines reported exports, imports, history, destinations, HS2 sectors, partner context, and calculated indicators for Viet Nam.

What is the latest reported export value for Viet Nam?

Viet Nam recorded $450.9B in reported exports in 2024.

Which markets receive the most exports from Viet Nam?

USA, Puerto Rico and US Virgin Islands leads by reported export value at $123.4B in 2024. Five destination lanes are highlighted.

Which sectors lead Viet Nam's exports?

Electrical machinery leads by reported value at $177.8B. Five HS2 chapters are highlighted.

How many years of Viet Nam trade history are available?

This sample contains 30 observed annual rows covering 1995 through 2024. Missing observations are not estimated.

Are the growth and exposure values forecasts?

No. They are calculated or classified from reported observations, not forecasts or market-access guarantees.

Continue your research

Take the country view into a broader Yugalinks workspace.

Compare countries, products, sectors, and routes using the available trade evidence and definitions.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.