2022
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GDP
$409BCURRENT US$
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2012-2022
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GDP GROWTH
109%CURRENT US$
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2022
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 GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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GDP PC 
$4,164CURRENT US$
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2012-2022
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GDP PC GROWTH
90.1%CURRENT US$
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2022
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GDP PC
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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About

Vietnam-Japan In 2022, Vietnam exported $25B to Japan. The main products that Vietnam exported to Japan are Insulated Wire ($2.17B), Broadcasting Equipment ($1.4B), and Fuel Wood ($1.18B). During the last 27 years the exports of Vietnam to Japan have increased at an annualized rate of 10.7%, from $1.61B in 1995 to $25B in 2022.

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

Japan-Vietnam In 2022, Japan exported $17.9B to Vietnam. The main products that Japan exported to Vietnam were Integrated Circuits ($2.53B), Hot-Rolled Iron ($736M), and Scrap Iron ($587M). During the last 27 years the exports of Japan to Vietnam have increased at an annualized rate of 11.6%, from $918M in 1995 to $17.9B in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $25B to Japan. The main products exported from Vietnam to Japan were Insulated Wire ($2.17B), Broadcasting Equipment ($1.4B), and Fuel Wood ($1.18B). During the last 27 years the exports of Vietnam to Japan have increased at an annualized rate of 10.7%, from $1.61B in 1995 to $25B in 2022.

In 2022, Japan exported $17.9B to Vietnam. The main products exported from Japan to Vietnam were Integrated Circuits ($2.53B), Hot-Rolled Iron ($736M), and Scrap Iron ($587M). During the last 27 years the exports of Japan to Vietnam have increased at an annualized rate of 11.6%, from $918M in 1995 to $17.9B in 2022.

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

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

Latest Data

Trade between Vietnam (Flag) and Japan (Flag)

Japan Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Japan
Top Destination
United States$137B

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

In 2021, countries that imported more from Vietnam than Japan were Cambodia ($5.74B), Slovakia ($2.14B), and Austria ($2.66B).

In 2021, countries that imported more from Japan than Vietnam were China ($135B), Chinese Taipei ($50.1B), and South Korea ($50.8B).

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

Comparative Advantage Vietnam - Japan

Flow
Scale

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

During 2022, Vietnam had a large net trade with Japan in the exports of Machines ($7.41B), Textiles ($4.72B), and Miscellaneous ($1.74B).

During 2022, Japan had a large net trade with Vietnam in the exports of Machines ($7.38B), Metals ($3.19B), and Plastics and Rubbers ($1.52B).

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

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

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