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2022
Flag → Flag
Exports $8.19BRnk 8 / 152
2022
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Top Product $927MTelephones
2022
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Exports $6.29BRnk 24 / 217
2022
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Top Product $434MFrozen Bovine Meat
2022
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Economic Complexity (ECI) ECI 0.062Rnk 60 / 124
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 124
2022
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GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
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GDP GROWTH109%CURRENT US$
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2022
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 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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GDP PC $4,164CURRENT US$
Rnk 120 / 186
2012-2022
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GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
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GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Vietnam-India In 2022, Vietnam exported $8.19B to India. The main products that Vietnam exported to India are Telephones ($927M), Broadcasting Equipment ($768M), and Copper Pipes ($618M). During the last 27 years the exports of Vietnam to India have increased at an annualized rate of 26.2%, from $15.4M in 1995 to $8.19B in 2022.

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

India-Vietnam In 2022, India exported $6.29B to Vietnam. The main products that India exported to Vietnam were Frozen Bovine Meat ($434M), Hot-Rolled Iron ($354M), and Flat Flat-Rolled Steel ($339M). During the last 27 years the exports of India to Vietnam have increased at an annualized rate of 15.7%, from $124M in 1995 to $6.29B in 2022.

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

Comparison In 2022,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B). That same year, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $8.19B to India. The main products exported from Vietnam to India were Telephones ($927M), Broadcasting Equipment ($768M), and Copper Pipes ($618M). During the last 27 years the exports of Vietnam to India have increased at an annualized rate of 26.2%, from $15.4M in 1995 to $8.19B in 2022.

In 2022, India exported $6.29B to Vietnam. The main products exported from India to Vietnam were Frozen Bovine Meat ($434M), Hot-Rolled Iron ($354M), and Flat Flat-Rolled Steel ($339M). During the last 27 years the exports of India to Vietnam have increased at an annualized rate of 15.7%, from $124M in 1995 to $6.29B in 2022.

Exports from Vietnam (Flag) to India (Flag) (2022)

Exports from India (Flag) to Vietnam (Flag) (2022)

Latest Data

Trade between Vietnam (Flag) and India (Flag)

India Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$117B
India
Top DestinationUnited States$82.9B

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

In 2021, countries that imported more from Vietnam than India were China ($58.7B), United States ($117B), and Japan ($25B).

In 2021, countries that imported more from India than Vietnam were United Arab Emirates ($31.6B), Bangladesh ($13.8B), and Saudi Arabia ($10.1B).

Difference in imports from India (Flag) and Vietnam (Flag) (2022)

Comparative Advantage Vietnam - India

Flow
Scale

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

During 2022, Vietnam had a large net trade with India in the exports of Machines ($3.82B), Metals ($1.13B), and Chemical Products ($1B).

During 2022, India had a large net trade with Vietnam in the exports of Metals ($1.29B), Chemical Products ($859M), and Animal Products ($838M).

Economic Complexity

Competitive Landscape

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

Product Space of Vietnam (Flag) and India (Flag) (2022)

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