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2023
Flag → Flag
Exports $600MRnk 46 / 182
2023
Flag → Flag
Top Product $346MEthylene Polymers
2023
Flag → Flag
Exports $2.74BRnk 26 / 142
2023
Flag → Flag
Top Product $868MBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag  
GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
 GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
GDP PC $32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC$4,282CURRENT US$
Rnk 128 / 196
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195

About

Saudi Arabia-Vietnam Trade: In 2023, Saudi Arabia exported $600M to Vietnam. The main products that Saudi Arabia exported to Vietnam were Ethylene Polymers ($346M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($115M), and Propylene Polymers ($56.9M). Over the past 5 years the exports of Saudi Arabia to Vietnam have decreased at an annualized rate of 16.7%, from $1.5B in 2018 to $600M in 2023.

In 2023, Saudi Arabia did not export any services to Vietnam.

Vietnam-Saudi Arabia Trade: In 2023, Vietnam exported $2.74B to Saudi Arabia. The main products that Vietnam exported to Saudi Arabia were Broadcasting Equipment ($868M), Refined Petroleum ($209M), and Iron Reductions ($204M). Over the past 5 years the exports of Vietnam to Saudi Arabia have increased at an annualized rate of 18%,  from $1.2B in 2018 to $2.74B in 2023.

In 2023, Vietnam did not export any services to Saudi Arabia.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). 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, Saudi Arabia exported $600M to Vietnam. The main products exported from Saudi Arabia to Vietnam were Ethylene Polymers ($346M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($115M), and Propylene Polymers ($56.9M). During the last 5 years the exports of Saudi Arabia to Vietnam have decreased at an annualized rate of 16.7%, from $1.5B in 2018 to $600M in 2023.

In 2018, Vietnam exported $2.74B to Saudi Arabia. The main products exported from Vietnam to Saudi Arabia were Broadcasting Equipment ($868M), Refined Petroleum ($209M), and Iron Reductions ($204M). During the last 5 years the exports of Vietnam to Saudi Arabia have increased at an annualized rate of 18%, from $1.2B in 2023 to $2.74B in 2018.

Exports from Saudi Arabia (Flag) to Vietnam (Flag) (2023)

Exports from Vietnam (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

Trade between Saudi Arabia (Flag) and Vietnam (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Saudi Arabia
Top DestinationChina$64.4B
Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from Saudi Arabia than Vietnam included India ($34.8B), Japan ($34.7B), and Oman ($4.99B).

In 2023, countries that imported more from Vietnam than Saudi Arabia included United States ($118B), China ($85.7B), and Hong Kong ($17.1B).

Difference in imports from Vietnam (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Vietnam

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Vietnam in the exports of Plastics and Rubbers ($409M), Chemical Products ($149M), and Metals ($21.7M).

During 2018, Vietnam had a large net trade with Saudi Arabia in the exports of Machines ($1.2B), Metals ($371M), and Mineral Products ($335M).

Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and Vietnam (Flag) (2023)

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