NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $1.05BRnk 34 / 142
2023
Flag → Flag
Top Product $373MBroadcasting Equipment
2023
Flag → Flag
Exports $158MRnk 40 / 150
2023
Flag → Flag
Top Product $25MMixed Mineral or Chemical Fertilizers
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.28Rnk 19 / 132
2023
Flag  
GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC $4,282CURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195
2023
Flag
GDP PC$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH42.5%CURRENT US$
Rnk 56 / 195

About

Vietnam-Israel Trade: In 2023, Vietnam exported $1.05B to Israel. The main products that Vietnam exported to Israel were Broadcasting Equipment ($373M), Leather Footwear ($91M), and Textile Footwear ($41.4M). Over the past 5 years the exports of Vietnam to Israel have increased at an annualized rate of 2.02%, from $952M in 2018 to $1.05B in 2023.

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

Israel-Vietnam Trade: In 2023, Israel exported $158M to Vietnam. The main products that Israel exported to Vietnam were Mixed Mineral or Chemical Fertilizers ($25M), Broadcasting Equipment ($19.1M), and Gas Turbines ($12.3M). Over the past 5 years the exports of Israel to Vietnam have decreased at an annualized rate of 17.9%,  from $424M in 2018 to $158M in 2023.

In 2012, Israel exported services to Vietnam worth $14.1M, with Computer and information services ($14.1M) being the largest in terms of value.

Comparison: In 2023,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Vietnam exported $1.05B to Israel. The main products exported from Vietnam to Israel were Broadcasting Equipment ($373M), Leather Footwear ($91M), and Textile Footwear ($41.4M). During the last 5 years the exports of Vietnam to Israel have increased at an annualized rate of 2.02%, from $952M in 2018 to $1.05B in 2023.

In 2018, Israel exported $158M to Vietnam. The main products exported from Israel to Vietnam were Mixed Mineral or Chemical Fertilizers ($25M), Broadcasting Equipment ($19.1M), and Gas Turbines ($12.3M). During the last 5 years the exports of Israel to Vietnam have decreased at an annualized rate of 17.9%, from $424M in 2023 to $158M in 2018.

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

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

Latest Data

Trade between Vietnam (Flag) and Israel (Flag)

Israel Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$118B
Israel
Top DestinationUnited States$20.3B

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

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

In 2023, countries that imported more from Israel than Vietnam included Ireland ($4.22B), Egypt ($2.23B), and South Korea ($1.05B).

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

Comparative Advantage Vietnam - Israel

Flow
Scale

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

During 2023, Vietnam had a large net trade with Israel in the exports of Machines ($577M), Footwear and Headwear ($152M), and Textiles ($91.9M).

During 2018, Israel had a large net trade with Vietnam in the exports of Machines ($78.3M), Chemical Products ($36.4M), and Instruments ($18.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Israel+$112MTelephones
Top Product Potential Israel Vietnam+$61.1MIntegrated Circuits

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Vietnam and Israel. This means that a dot/product with the flag of Vietnam indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over Vietnam.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms