2023
Flag  
GDP
$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH
101%CURRENT US$
Rnk 13 / 195
2023
Flag
 GDP
$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH
17%CURRENT US$
Rnk 148 / 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
$14,187CURRENT US$
Rnk 73 / 196
2013-2023
Flag
GDP PC GROWTH
9.44%CURRENT US$
Rnk 135 / 195

About

Vietnam-Argentina Trade: In 2023, Vietnam exported $1.39B to Argentina. The main products that Vietnam exported to Argentina were Telephones ($730M), Textile Footwear ($101M), and Broadcasting Accessories ($100M). Over the past 5 years the exports of Vietnam to Argentina have increased at an annualized rate of 16.2%, from $657M in 2018 to $1.39B in 2023.

In 2023, Vietnam did not export any services to Argentina.

Argentina-Vietnam Trade: In 2023, Argentina exported $2.07B to Vietnam. The main products that Argentina exported to Vietnam were Soybean Meal ($1.09B), Corn ($838M), and Tanned Equine and Bovine Hides ($32M). Over the past 5 years the exports of Argentina to Vietnam have decreased at an annualized rate of 0.63%,  from $2.14B in 2018 to $2.07B in 2023.

In 2023, Argentina 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, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Vietnam exported $1.39B to Argentina. The main products exported from Vietnam to Argentina were Telephones ($730M), Textile Footwear ($101M), and Broadcasting Accessories ($100M). During the last 5 years the exports of Vietnam to Argentina have increased at an annualized rate of 16.2%, from $657M in 2018 to $1.39B in 2023.

In 2018, Argentina exported $2.07B to Vietnam. The main products exported from Argentina to Vietnam were Soybean Meal ($1.09B), Corn ($838M), and Tanned Equine and Bovine Hides ($32M). During the last 5 years the exports of Argentina to Vietnam have decreased at an annualized rate of 0.63%, from $2.14B in 2023 to $2.07B in 2018.

Exports from Vietnam (Flag) to Argentina (Flag) (2023)

Exports from Argentina (Flag) to Vietnam (Flag) (2023)

Latest Data

Trade between Vietnam (Flag) and Argentina (Flag)

Argentina Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$118B
Argentina
Top Destination
Brazil$12.1B

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

In 2023, countries that imported more from Vietnam than Argentina included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Argentina than Vietnam included Brazil ($12.1B), Chile ($5.57B), and Peru ($2.55B).

Difference in imports from Argentina (Flag) and Vietnam (Flag) (2023)

Comparative Advantage Vietnam - Argentina

Flow
Scale

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

During 2023, Vietnam had a large net trade with Argentina in the exports of Machines ($1.08B), Footwear and Headwear ($176M), and Textiles ($53M).

During 2018, Argentina had a large net trade with Vietnam in the exports of Foodstuffs ($1.11B), Vegetable Products ($858M), and Animal Products ($41.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Argentina+$55.4MTelephones
Top Product Potential Argentina Vietnam+$21.4MWheat

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

Product Space of Vietnam (Flag) and Argentina (Flag) (2023)

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