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2022
Flag → Flag
Exports $9.88BRnk 7 / 152
2022
Flag → Flag
Top Product $1.6BBroadcasting Equipment
2022
Flag → Flag
Exports $1.2BRnk 49 / 224
2022
Flag → Flag
Top Product $171MPlanes, Helicopters, and/or Spacecraft
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC $4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186

About

Vietnam-Netherlands Trade: In 2022, Vietnam exported $9.88B to Netherlands. The main products that Vietnam exported to Netherlands were Broadcasting Equipment ($1.6B), Office Machine Parts ($1.15B), and Textile Footwear ($457M). Over the past 5 years the exports of Vietnam to Netherlands have increased at an annualized rate of 3.07%, from $8.49B in 2017 to $9.88B in 2022.

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

Netherlands-Vietnam Trade: In 2022, Netherlands exported $1.2B to Vietnam. The main products that Netherlands exported to Vietnam were Planes, Helicopters, and/or Spacecraft ($171M), Gas Turbines ($100M), and Bulbs and Roots ($40.9M). Over the past 5 years the exports of Netherlands to Vietnam have increased at an annualized rate of 4.2%,  from $977M in 2017 to $1.2B in 2022.

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

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). That same year, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $9.88B to Netherlands. The main products exported from Vietnam to Netherlands were Broadcasting Equipment ($1.6B), Office Machine Parts ($1.15B), and Textile Footwear ($457M). During the last 5 years the exports of Vietnam to Netherlands have increased at an annualized rate of 3.07%, from $8.49B in 2017 to $9.88B in 2022.

In 2017, Netherlands exported $1.2B to Vietnam. The main products exported from Netherlands to Vietnam were Planes, Helicopters, and/or Spacecraft ($171M), Gas Turbines ($100M), and Bulbs and Roots ($40.9M). During the last 5 years the exports of Netherlands to Vietnam have increased at an annualized rate of 4.2%, from $977M in 2022 to $1.2B in 2017.

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

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

Latest Data

Trade between Vietnam (Flag) and Netherlands (Flag)

Netherlands Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$117B
Netherlands
Top DestinationGermany$131B

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

In 2022, countries that imported more from Vietnam than Netherlands included United States ($117B), China ($58.7B), and Japan ($25B).

In 2022, countries that imported more from Netherlands than Vietnam included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Vietnam - Netherlands

Flow
Scale

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

During 2022, Vietnam had a large net trade with Netherlands in the exports of Machines ($4.98B), Textiles ($988M), and Footwear and Headwear ($974M).

During 2017, Netherlands had a large net trade with Vietnam in the exports of Machines ($351M), Transportation ($235M), and Chemical Products ($204M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Netherlands+$462MTelephones
Top Product Potential Netherlands Vietnam+$32.8MIntegrated 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.

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Economic Complexity

Competitive Landscape

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

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

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