Vietnam (VNM) and Canada (CAN) Trade | The Observatory of Economic Complexity

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Vietnam-Canada In 2022, Vietnam exported $7.94B to Canada. The main products that Vietnam exported to Canada are Broadcasting Equipment ($1.4B), Textile Footwear ($333M), and Leather Footwear ($261M). During the last 27 years the exports of Vietnam to Canada have increased at an annualized rate of 20.3%, from $53.9M in 1995 to $7.94B in 2022.

In 2022, Vietnam did not export any services to Canada.

Canada-Vietnam In 2022, Canada exported $714M to Vietnam. The main products that Canada exported to Vietnam were Potassic Fertilizers ($80.3M), Frozen Bovine Meat ($69.9M), and Crustaceans ($63.9M). During the last 27 years the exports of Canada to Vietnam have increased at an annualized rate of 13.2%, from $25.4M in 1995 to $714M in 2022.

In 2020, Canada exported services to Vietnam worth $439M, with Travel ($429M), Financial services ($5.97M), and Transportation ($2.98M) being the largest in terms of value.

Comparison In 2022, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Vietnam exported $7.94B to Canada. The main products exported from Vietnam to Canada were Broadcasting Equipment ($1.4B), Textile Footwear ($333M), and Leather Footwear ($261M). During the last 27 years the exports of Vietnam to Canada have increased at an annualized rate of 20.3%, from $53.9M in 1995 to $7.94B in 2022.

In 2022, Canada exported $714M to Vietnam. The main products exported from Canada to Vietnam were Potassic Fertilizers ($80.3M), Frozen Bovine Meat ($69.9M), and Crustaceans ($63.9M). During the last 27 years the exports of Canada to Vietnam have increased at an annualized rate of 13.2%, from $25.4M in 1995 to $714M in 2022.

Exports from Vietnam () to Canada () (2022)

Exports from Canada () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Canada ()

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$117B

Canada
Top DestinationUnited States$438B

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

In 2021, countries that imported more from Vietnam than Canada were China ($58.7B), South Korea ($25.2B), and Japan ($25B).

In 2021, countries that imported more from Canada than Vietnam were United States ($438B), United Kingdom ($12.9B), and Norway ($3.19B).

Difference in imports from Canada () and Vietnam () (2022)

Comparative Advantage Vietnam - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vietnam had a large net trade with Canada in the exports of Machines ($3.04B), Textiles ($1.57B), and Footwear and Headwear ($747M).

During 2022, Canada had a large net trade with Vietnam in the exports of Animal Products ($195M), Chemical Products ($104M), and Vegetable Products ($88.9M).

Service Trade

Bilateral Service Trade

Can Year

In 2020, Canada exported services to Vietnam worth $439M, with Travel ($429M), Financial services ($5.97M), and Transportation ($2.98M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada () to Vietnam () (2020)

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Canada () (2022)

Exports from Canada () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Canada ()

Canada Exports

Market Competitiveness

Difference in imports from Canada () and Vietnam () (2022)

Comparative Advantage Vietnam - Canada

Service Trade

Bilateral Service Trade

Services Exports from Canada () to Vietnam () (2020)

Economic Complexity

Competitive Landscape

Product Space of Vietnam () and Canada () (2022)

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