Flag Germany / Vietnam Flag

2019
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Exports
: $4.93B, Rnk 44 / 223

2019
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Top Product
: $1.62B, Planes, Helicopters, and/or Spacecraft

2019
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Exports
: $8.22B, Rnk 5 / 140

2019
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Top Product
: $1.92B, Broadcasting Equipment

2019
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Economic Complexity (ECI)
: ECI 1.98, Rnk 4 / 157

2019
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Economic Complexity (ECI)
: ECI 0.11, Rnk 67 / 157

2019
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GDP
: $3.86T, CURRENT US$
Rnk 4 / 187

2009-2019
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GDP GROWTH
: 13.6%, CURRENT US$
Rnk 158 / 187

2019
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 GDP
: $262B, CURRENT US$
Rnk 44 / 187

2009-2019
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GDP GROWTH
: 147%, CURRENT US$
Rnk 13 / 187

2019
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GDP PC 
: $46,445, CURRENT US$
Rnk 18 / 187

2009-2019
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GDP PC GROWTH
: 12%, CURRENT US$
Rnk 135 / 187

2019
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GDP PC 
: $2,715, CURRENT US$
Rnk 134 / 187

2009-2019
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GDP PC GROWTH
: 123%, CURRENT US$
Rnk 10 / 187

Germany-Vietnam: In 2019, Germany exported $4.93B to Vietnam. The main products that Germany exported to Vietnam are Planes, Helicopters, and/or Spacecraft ($1.62B), Packaged Medicaments ($190M), and Vehicle Parts ($143M). During the last 24 years the exports of Germany to Vietnam have increased at an annualized rate of 13.8%, from $223M in 1995 to $4.93B in 2019.

In 2019, Germany did not exported services to Vietnam.

Vietnam-Germany: In 2019, Vietnam exported $8.22B to Germany . The main products that Vietnam exported to Germany were Broadcasting Equipment ($1.92B), Textile Footwear ($663M), and Leather Footwear ($455M). During the last 24 years the exports of Vietnam to Germany have increased at an annualized rate of 11.9%, from $554M in 1995 to $8.22B in 2019.

In 2019, Vietnam did not exported services to Germany.

Comparison: In 2019,  Germany ranked 4 in the Economic Complexity Index (ECI 1.98), and 3 in total exports ($1.44T). That same year, Vietnam ranked 67 in the Economic Complexity Index (ECI 0.11), and 20 in total exports ($280B).

Bilateral Trade by Products

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Depth
Value

In 2019, Germany exported $4.93B to Vietnam. The main products exported from Germany to Vietnam were Planes, Helicopters, and/or Spacecraft ($1.62B), Packaged Medicaments ($190M), and Vehicle Parts ($143M). During the last 24 years the exports of Germany to Vietnam have increased at an annualized rate of 13.8%, from $223M in 1995 to $4.93B in 2019.

In 2019, Vietnam exported $8.22B to Germany. The main products exported from Vietnam to Germany were Broadcasting Equipment ($1.92B), Textile Footwear ($663M), and Leather Footwear ($455M). During the last 24 years the exports of Vietnam to Germany have increased at an annualized rate of 11.9%, from $554M in 1995 to $8.22B in 2019.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $131B

Vietnam
Top Destination
: United States, $63.7B

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

In 2019, countries that imported more from Germany than Vietnam were France ($115B), Netherlands ($87.7B), and United Kingdom ($86B).

In 2019, countries that imported more from Vietnam than Germany were Cambodia ($4.37B), Hong Kong ($7.82B), and Philippines ($3.89B).

Comparative Advantage Germany - Vietnam

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Depth

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

During 2019, Germany had a large net trade with Vietnam in the exports of Transportation ($1.87B), Machines ($1.37B), and Chemical Products ($535M).

During 2019, Vietnam had a large net trade with Germany in the exports of Machines ($3.22B), Footwear and Headwear ($1.44B), and Textiles ($1.18B).

Tariff Section

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This section shows import tariffs for products traded between Germany and Vietnam (using the HS6 product classification and the last year reported).

In 2017, the products from Germany that paid the highest import tariffs to enter Vietnam were Sugar beet (178%) and Whey (173%).

In 2018, the products from Vietnam that paid the highest import tariffs to enter Germany were Cigarettes containing tobacco (135%) and Cigars, cheroots, cigarettes, with tobacco substitute (135%).

Explore Tariff Data

*The tariffs present between Germany and Vietnam are:
122: EU preferential tariff for sugar producing countries
123: European Union Generalized System of Preference
136: Most Favoured Nation duty rate treatement

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 red.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Vietnam. Similarly, the more red a dot/product is, the more Vietnam has comparative advantage over Germany.