Flag Vietnam / Canada Flag

2020
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Exports
: $5.28B, Rnk 10 / 143

2020
FlagFlag
Top Product
: $1.15B, Broadcasting Equipment

2020
FlagFlag
Exports
: $572M, Rnk 34 / 217

2020
FlagFlag
Top Product
: $63.1M, Wheat

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

2020
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Economic Complexity (ECI)
: ECI 0.93, Rnk 29 / 127

2020
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GDP
: $343B, CURRENT US$
Rnk 38 / 204

2010-2020
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GDP GROWTH
: 133%, CURRENT US$
Rnk 8 / 204

2020
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 GDP
: $1.65T, CURRENT US$
Rnk 9 / 204

2010-2020
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GDP GROWTH
: 1.74%, CURRENT US$
Rnk 160 / 204

2020
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GDP PC 
: $3,526, CURRENT US$
Rnk 137 / 204

2010-2020
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GDP PC GROWTH
: 111%, CURRENT US$
Rnk 7 / 204

2020
Flag
GDP PC
: $43,258, CURRENT US$
Rnk 25 / 204

2010-2020
Flag
GDP PC GROWTH
: -9.05%, CURRENT US$
Rnk 166 / 204

Vietnam-Canada In 2020, Vietnam exported $5.28B to Canada. The main products that Vietnam exported to Canada are Broadcasting Equipment ($1.15B), Other Furniture ($223M), and Insulated Wire ($212M). During the last 25 years the exports of Vietnam to Canada have increased at an annualized rate of 20.2%, from $53.6M in 1995 to $5.28B in 2020.

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

Canada-Vietnam In 2020, Canada exported $572M to Vietnam. The main products that Canada exported to Vietnam were Wheat ($63.1M), Soybeans ($47.5M), and Potassic Fertilizers ($45.7M). During the last 25 years the exports of Canada to Vietnam have increased at an annualized rate of 13.3%, from $25.4M in 1995 to $572M in 2020.

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 2020,  Vietnam ranked 61 in the Economic Complexity Index (ECI -0.057), and 16 in total exports ($300B). That same year, Canada ranked 29 in the Economic Complexity Index (ECI 0.93), and 12 in total exports ($371B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Vietnam exported $5.28B to Canada. The main products exported from Vietnam to Canada were Broadcasting Equipment ($1.15B), Other Furniture ($223M), and Insulated Wire ($212M). During the last 25 years the exports of Vietnam to Canada have increased at an annualized rate of 20.2%, from $53.6M in 1995 to $5.28B in 2020.

In 2020, Canada exported $572M to Vietnam. The main products exported from Canada to Vietnam were Wheat ($63.1M), Soybeans ($47.5M), and Potassic Fertilizers ($45.7M). During the last 25 years the exports of Canada to Vietnam have increased at an annualized rate of 13.3%, from $25.4M in 1995 to $572M in 2020.

Canada Exports

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Market Competitiveness

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Measure

Vietnam
Top Destination
: United States, $77B

Canada
Top Destination
: United States, $264B

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 2019, countries that imported more from Vietnam than Canada were China ($49.4B), South Korea ($19.6B), and Hong Kong ($13.8B).

In 2019, countries that imported more from Canada than Vietnam were United States ($264B), United Kingdom ($13.2B), and Norway ($1.99B).

Comparative Advantage Vietnam - Canada

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Flow

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

During 2020, Vietnam had a large net trade with Canada in the exports of Machines ($2.25B), Textiles ($956M), and Miscellaneous ($448M).

During 2020, Canada had a large net trade with Vietnam in the exports of Animal Products ($140M), Vegetable Products ($121M), and Chemical Products ($69.2M).

Bilateral Service Trade

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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.

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