2022
Flag  
GDP
$409BCURRENT US$
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2012-2022
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GDP GROWTH
109%CURRENT US$
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2022
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 GDP
$4.07TCURRENT US$
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2012-2022
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GDP GROWTH
15.5%CURRENT US$
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2022
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GDP PC 
$4,164CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
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2022
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GDP PC
$48,432CURRENT US$
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2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
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About

Vietnam-Germany In 2022, Vietnam exported $10.8B to Germany. The main products that Vietnam exported to Germany are Broadcasting Equipment ($1.92B), Textile Footwear ($774M), and Coffee ($484M). During the last 27 years the exports of Vietnam to Germany have increased at an annualized rate of 11.6%, from $554M in 1995 to $10.8B in 2022.

In 2022, Vietnam did not export any services to Germany.

Germany-Vietnam In 2022, Germany exported $3.59B to Vietnam. The main products that Germany exported to Vietnam were Packaged Medicaments ($209M), Vaccines, blood, antisera, toxins and cultures ($191M), and Hydrogen ($171M). During the last 27 years the exports of Germany to Vietnam have increased at an annualized rate of 10.8%, from $223M in 1995 to $3.59B in 2022.

In 2022, Germany did not export any services to Vietnam.

Comparison In 2022,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B). That same year, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $10.8B to Germany. The main products exported from Vietnam to Germany were Broadcasting Equipment ($1.92B), Textile Footwear ($774M), and Coffee ($484M). During the last 27 years the exports of Vietnam to Germany have increased at an annualized rate of 11.6%, from $554M in 1995 to $10.8B in 2022.

In 2022, Germany exported $3.59B to Vietnam. The main products exported from Germany to Vietnam were Packaged Medicaments ($209M), Vaccines, blood, antisera, toxins and cultures ($191M), and Hydrogen ($171M). During the last 27 years the exports of Germany to Vietnam have increased at an annualized rate of 10.8%, from $223M in 1995 to $3.59B in 2022.

Exports from Vietnam (Flag) to Germany (Flag) (2022)

Exports from Germany (Flag) to Vietnam (Flag) (2022)

Latest Data

Trade between Vietnam (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Germany
Top Destination
United States$153B

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

In 2021, countries that imported more from Vietnam than Germany were Hong Kong ($12.7B), Cambodia ($5.74B), and Japan ($25B).

In 2021, countries that imported more from Germany than Vietnam were France ($120B), Netherlands ($109B), and Poland ($88.9B).

Difference in imports from Germany (Flag) and Vietnam (Flag) (2022)

Comparative Advantage Vietnam - Germany

Flow
Scale

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

During 2022, Vietnam had a large net trade with Germany in the exports of Machines ($4.06B), Textiles ($1.51B), and Footwear and Headwear ($1.5B).

During 2022, Germany had a large net trade with Vietnam in the exports of Machines ($1.01B), Chemical Products ($912M), and Transportation ($447M).

Economic Complexity

Competitive Landscape

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

Product Space of Vietnam (Flag) and Germany (Flag) (2022)

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