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2023
Flag → Flag
Exports $1.07BRnk 49 / 216
2023
Flag → Flag
Top Product $381MBroadcasting Equipment
2023
Flag → Flag
Exports $11BRnk 6 / 142
2023
Flag → Flag
Top Product $7.2BBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$4,282CURRENT US$
Rnk 128 / 196
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195

About

United Arab Emirates-Vietnam Trade: In 2023, United Arab Emirates exported $1.07B to Vietnam. The main products that United Arab Emirates exported to Vietnam were Broadcasting Equipment ($381M), Rolled Tobacco ($162M), and Microphones and Headphones ($55.6M). Over the past 5 years the exports of United Arab Emirates to Vietnam have increased at an annualized rate of 8.83%, from $699M in 2018 to $1.07B in 2023.

In 2023, United Arab Emirates did not export any services to Vietnam.

Vietnam-United Arab Emirates Trade: In 2023, Vietnam exported $11B to United Arab Emirates. The main products that Vietnam exported to United Arab Emirates were Broadcasting Equipment ($7.2B), Microphones and Headphones ($438M), and Textile Footwear ($395M). Over the past 5 years the exports of Vietnam to United Arab Emirates have increased at an annualized rate of 6.73%,  from $7.47B in 2018 to $11B in 2023.

In 2023, Vietnam did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $1.07B to Vietnam. The main products exported from United Arab Emirates to Vietnam were Broadcasting Equipment ($381M), Rolled Tobacco ($162M), and Microphones and Headphones ($55.6M). During the last 5 years the exports of United Arab Emirates to Vietnam have increased at an annualized rate of 8.83%, from $699M in 2018 to $1.07B in 2023.

In 2018, Vietnam exported $11B to United Arab Emirates. The main products exported from Vietnam to United Arab Emirates were Broadcasting Equipment ($7.2B), Microphones and Headphones ($438M), and Textile Footwear ($395M). During the last 5 years the exports of Vietnam to United Arab Emirates have increased at an annualized rate of 6.73%, from $7.47B in 2023 to $11B in 2018.

Exports from United Arab Emirates (Flag) to Vietnam (Flag) (2023)

Exports from Vietnam (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Vietnam (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from United Arab Emirates than Vietnam included India ($38.2B), Iraq ($22.6B), and Saudi Arabia ($15.2B).

In 2023, countries that imported more from Vietnam than United Arab Emirates included United States ($118B), China ($85.7B), and Mexico ($9.85B).

Difference in imports from Vietnam (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Vietnam

Flow
Scale

This chart compares trade between United Arab Emirates and Vietnam by product, considering products traded by both, United Arab Emirates and Vietnam.

During 2023, United Arab Emirates had a large net trade with Vietnam in the exports of Machines ($532M), Foodstuffs ($273M), and Plastics and Rubbers ($82.6M).

During 2018, Vietnam had a large net trade with United Arab Emirates in the exports of Machines ($8.98B), Footwear and Headwear ($687M), and Textiles ($425M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Vietnam+$107MTelephones
Top Product Potential Vietnam United Arab Emirates+$102MComputers

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Vietnam. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Vietnam. Similarly, a dot/product with the flag of Vietnam indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Vietnam (Flag) (2023)

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