2023
Flag  
GDP
$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH
101%CURRENT US$
Rnk 13 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC 
$4,282CURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP PC GROWTH
81.5%CURRENT US$
Rnk 15 / 195
2023
Flag
GDP PC
$49,041CURRENT US$
Rnk 27 / 196
2013-2023
Flag
GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195

About

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 8.14%, from $7.47B in 2018 to $11B in 2023.

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

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 8.14%, from $7.47B in 2018 to $11B in 2023.

In 2018, 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 2023 to $1.07B in 2018.

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

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

Latest Data

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

United Arab Emirates Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$118B
United Arab Emirates
Top Destination
China$40.2B

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

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

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

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

Comparative Advantage Vietnam - United Arab Emirates

Flow
Scale

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

During 2023, Vietnam had a large net trade with United Arab Emirates in the exports of Machines ($8.98B), Footwear and Headwear ($687M), and Textiles ($425M).

During 2018, United Arab Emirates had a large net trade with Vietnam in the exports of Machines ($532M), Foodstuffs ($273M), and Plastics and Rubbers ($82.6M).

Potential Exports

Potential Exports

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

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 Vietnam and United Arab Emirates. This means that a dot/product with the flag of Vietnam indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Vietnam.

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

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