Flag Vietnam / Japan Flag

2019
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Exports
: $21.2B, Rnk 3 / 140

2019
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Top Product
: $2.12B, Insulated Wire

2019
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Exports
: $16.3B, Rnk 9 / 213

2019
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Top Product
: $1.63B, Integrated Circuits

2019
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Economic Complexity (ECI)
: ECI 0.11, Rnk 67 / 157

2019
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Economic Complexity (ECI)
: ECI 2.27, Rnk 1 / 157

2019
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GDP
: $262B, CURRENT US$
Rnk 44 / 187

2009-2019
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GDP GROWTH
: 147%, CURRENT US$
Rnk 13 / 187

2019
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 GDP
: $5.08T, CURRENT US$
Rnk 3 / 187

2009-2019
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GDP GROWTH
: -2.86%, CURRENT US$
Rnk 175 / 187

2019
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GDP PC 
: $2,715, CURRENT US$
Rnk 134 / 187

2009-2019
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GDP PC GROWTH
: 123%, CURRENT US$
Rnk 10 / 187

2019
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GDP PC 
: $40,247, CURRENT US$
Rnk 27 / 187

2009-2019
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GDP PC GROWTH
: -1.49%, CURRENT US$
Rnk 165 / 187

Vietnam-Japan: In 2019, Vietnam exported $21.2B to Japan. The main products that Vietnam exported to Japan are Insulated Wire ($2.12B), Broadcasting Equipment ($972M), and Fuel Wood ($677M). During the last 24 years the exports of Vietnam to Japan have increased at an annualized rate of 11.3%, from $1.61B in 1995 to $21.2B in 2019.

In 2019, Vietnam did not exported services to Japan.

Japan-Vietnam: In 2019, Japan exported $16.3B to Vietnam . The main products that Japan exported to Vietnam were Integrated Circuits ($1.63B), Scrap Iron ($644M), and Low-voltage Protection Equipment ($608M). During the last 24 years the exports of Japan to Vietnam have increased at an annualized rate of 12.7%, from $918M in 1995 to $16.3B in 2019.

In 2019, Japan did not exported services to Vietnam.

Comparison: In 2019,  Vietnam ranked 67 in the Economic Complexity Index (ECI 0.11), and 20 in total exports ($280B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.27), and 4 in total exports ($696B).

Bilateral Trade by Products

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Depth
Value

In 2019, Vietnam exported $21.2B to Japan. The main products exported from Vietnam to Japan were Insulated Wire ($2.12B), Broadcasting Equipment ($972M), and Fuel Wood ($677M). During the last 24 years the exports of Vietnam to Japan have increased at an annualized rate of 11.3%, from $1.61B in 1995 to $21.2B in 2019.

In 2019, Japan exported $16.3B to Vietnam. The main products exported from Japan to Vietnam were Integrated Circuits ($1.63B), Scrap Iron ($644M), and Low-voltage Protection Equipment ($608M). During the last 24 years the exports of Japan to Vietnam have increased at an annualized rate of 12.7%, from $918M in 1995 to $16.3B in 2019.

Market Competitiveness

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Measure

Vietnam
Top Destination
: United States, $63.7B

Japan
Top Destination
: United States, $134B

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 2019, countries that imported more from Vietnam than Japan were Cambodia ($4.37B), Slovakia ($2.06B), and Austria ($2.5B).

In 2019, countries that imported more from Japan than Vietnam were China ($128B), United States ($134B), and Chinese Taipei ($41.6B).

Comparative Advantage Vietnam - Japan

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Depth

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

During 2019, Vietnam had a large net trade with Japan in the exports of Machines ($6.03B), Textiles ($4.73B), and Miscellaneous ($1.31B).

During 2019, Japan had a large net trade with Vietnam in the exports of Machines ($7.05B), Metals ($2.6B), and Plastics and Rubbers ($1.37B).

Tariff Section

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This section shows import tariffs for products traded between Vietnam and Japan (using the HS6 product classification and the last year reported).

In 2018, the products from Vietnam that paid the highest import tariffs to enter Japan were Cigarettes containing tobacco (135%) and Cigars, cheroots, cigarettes, with tobacco substitute (135%).

In 2018, the products from Japan that paid the highest import tariffs to enter Vietnam were Glucose including syrup of 20%-50% dry weight fructos (43.3%) and Fructose, syrup > 50% fructose, not pure fructose (43.3%).

Explore Tariff Data

*The tariffs present between Vietnam and Japan are:
52: ASEAN Japan Free Trade Area (ASEAN) Association of Southeast Asian Nations
136: Most Favoured Nation duty rate treatement
139: Non-MFN duty rate for countries excluded from Most-Favoured- Nation (MFN) treatement
246: Preferential tariff for Japan

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 red.  This mean that the more blue a dot/product is, the more Vietnam has comparative advantage over Japan. Similarly, the more red a dot/product is, the more Japan has comparative advantage over Vietnam.