Flag Japan / Vietnam Flag

2020
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Exports
: $16.1B, Rnk 8 / 213

2020
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Top Product
: $1.97B, Integrated Circuits

2020
FlagFlag
Exports
: $20.4B, Rnk 3 / 143

2020
FlagFlag
Top Product
: $2.03B, Insulated Wire

2020
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Economic Complexity (ECI)
: ECI 2.19, Rnk 1 / 127

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

2020
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GDP
: $5.06T, CURRENT US$
Rnk 3 / 195

2010-2020
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GDP GROWTH
: -12.2%, CURRENT US$
Rnk 180 / 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 
: $40,193, CURRENT US$
Rnk 25 / 195

2010-2020
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GDP PC GROWTH
: -10.6%, CURRENT US$
Rnk 161 / 195

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

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

Japan-Vietnam In 2020, Japan exported $16.1B to Vietnam. The main products that Japan exported to Vietnam are Integrated Circuits ($1.97B), Scrap Iron ($901M), and Hot-Rolled Iron ($702M). During the last 25 years the exports of Japan to Vietnam have increased at an annualized rate of 12.2%, from $918M in 1995 to $16.1B in 2020.

In 2020, Japan did not export any services to Vietnam.

Vietnam-Japan In 2020, Vietnam exported $20.4B to Japan. The main products that Vietnam exported to Japan were Insulated Wire ($2.03B), Broadcasting Equipment ($1.27B), and Fuel Wood ($622M). During the last 25 years the exports of Vietnam to Japan have increased at an annualized rate of 10.7%, from $1.6B in 1995 to $20.4B in 2020.

In 2020, Vietnam did not export any services to Japan.

Comparison In 2020,  Japan ranked 1 in the Economic Complexity Index (ECI 2.19), and 4 in total exports ($623B). 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, Japan exported $16.1B to Vietnam. The main products exported from Japan to Vietnam were Integrated Circuits ($1.97B), Scrap Iron ($901M), and Hot-Rolled Iron ($702M). During the last 25 years the exports of Japan to Vietnam have increased at an annualized rate of 12.2%, from $918M in 1995 to $16.1B in 2020.

In 2020, Vietnam exported $20.4B to Japan. The main products exported from Vietnam to Japan were Insulated Wire ($2.03B), Broadcasting Equipment ($1.27B), and Fuel Wood ($622M). During the last 25 years the exports of Vietnam to Japan have increased at an annualized rate of 10.7%, from $1.6B in 1995 to $20.4B in 2020.

Market Competitiveness

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Measure

Japan
Top Destination
: China, $133B

Vietnam
Top Destination
: United States, $77B

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

In 2019, countries that imported more from Japan than Vietnam were China ($133B), Chinese Taipei ($42.7B), and United States ($112B).

In 2019, countries that imported more from Vietnam than Japan were Cambodia ($4.39B), Slovakia ($1.35B), and Austria ($2.27B).

Comparative Advantage Japan - Vietnam

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Flow

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

During 2020, Japan had a large net trade with Vietnam in the exports of Machines ($6.81B), Metals ($2.89B), and Plastics and Rubbers ($1.4B).

During 2020, Vietnam had a large net trade with Japan in the exports of Machines ($6.35B), Textiles ($4.42B), and Miscellaneous ($1.35B).

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