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

About

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

#

Bilateral Trade by Products

#

Depth

Value

Year

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.

Latest Data

#

Canada Exports

#

Date

Market Competitiveness

#

Measure

SectionYear

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

#

Flow

Year

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).

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.

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.

About

Historical Data

Bilateral Trade by Products

Latest Data

Canada Exports

Market Competitiveness

Comparative Advantage Vietnam - Canada

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

Related Profiles