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2023
Flag → Flag
Exports $8.24BRnk 11 / 142
2023
Flag → Flag
Top Product $1.33BBroadcasting Equipment
2023
Flag → Flag
Exports $1.33BRnk 46 / 224
2023
Flag → Flag
Top Product $313MPlanes, Helicopters, and/or Spacecraft
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 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$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Vietnam-Netherlands Trade: In 2023, Vietnam exported $8.24B to Netherlands. The main products that Vietnam exported to Netherlands were Broadcasting Equipment ($1.33B), Office Machine Parts ($1.12B), and Telephones ($407M). Over the past 5 years the exports of Vietnam to Netherlands have increased at an annualized rate of 4.55%, from $6.6B in 2018 to $8.24B in 2023.

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

Netherlands-Vietnam Trade: In 2023, Netherlands exported $1.33B to Vietnam. The main products that Netherlands exported to Vietnam were Planes, Helicopters, and/or Spacecraft ($313M), Gas Turbines ($110M), and Bulbs and Roots ($50.4M). Over the past 5 years the exports of Netherlands to Vietnam have increased at an annualized rate of 3.59%,  from $1.11B in 2018 to $1.33B in 2023.

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

Comparison: In 2023,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). That same year, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Vietnam exported $8.24B to Netherlands. The main products exported from Vietnam to Netherlands were Broadcasting Equipment ($1.33B), Office Machine Parts ($1.12B), and Telephones ($407M). During the last 5 years the exports of Vietnam to Netherlands have increased at an annualized rate of 4.55%, from $6.6B in 2018 to $8.24B in 2023.

In 2018, Netherlands exported $1.33B to Vietnam. The main products exported from Netherlands to Vietnam were Planes, Helicopters, and/or Spacecraft ($313M), Gas Turbines ($110M), and Bulbs and Roots ($50.4M). During the last 5 years the exports of Netherlands to Vietnam have increased at an annualized rate of 3.59%, from $1.11B in 2023 to $1.33B in 2018.

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

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

Latest Data

Trade between Vietnam (Flag) and Netherlands (Flag)

Netherlands Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$118B
Netherlands
Top DestinationGermany$96.9B

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

In 2023, countries that imported more from Netherlands than Vietnam included Belgium ($87B), Germany ($96.9B), and France ($67.3B).

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

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 2023, Vietnam had a large net trade with Netherlands in the exports of Machines ($4.72B), Footwear and Headwear ($735M), and Textiles ($673M).

During 2018, Netherlands had a large net trade with Vietnam in the exports of Machines ($415M), Transportation ($369M), and Chemical Products ($150M).

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) (2023)

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