2023
Flag  
GDP
$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH
101%CURRENT US$
Rnk 13 / 195
2023
Flag
 GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC 
$4,282CURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP PC GROWTH
81.5%CURRENT US$
Rnk 15 / 195
2023
Flag
GDP PC
$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 195

About

Vietnam-Pakistan Trade: In 2023, Vietnam exported $274M to Pakistan. The main products that Vietnam exported to Pakistan were Broadcasting Equipment ($93.4M), Hot-Rolled Iron ($22M), and Non-Retail Synthetic Filament Yarn ($17.4M). Over the past 5 years the exports of Vietnam to Pakistan have decreased at an annualized rate of 8.17%, from $419M in 2018 to $274M in 2023.

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

Pakistan-Vietnam Trade: In 2023, Pakistan exported $355M to Vietnam. The main products that Pakistan exported to Vietnam were Corn ($174M), Raw Cotton ($30.1M), and Tanned Equine and Bovine Hides ($15.8M). Over the past 5 years the exports of Pakistan to Vietnam have increased at an annualized rate of 5.61%,  from $270M in 2018 to $355M in 2023.

In 2023, Pakistan 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, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Vietnam exported $274M to Pakistan. The main products exported from Vietnam to Pakistan were Broadcasting Equipment ($93.4M), Hot-Rolled Iron ($22M), and Non-Retail Synthetic Filament Yarn ($17.4M). During the last 5 years the exports of Vietnam to Pakistan have decreased at an annualized rate of 8.17%, from $419M in 2018 to $274M in 2023.

In 2018, Pakistan exported $355M to Vietnam. The main products exported from Pakistan to Vietnam were Corn ($174M), Raw Cotton ($30.1M), and Tanned Equine and Bovine Hides ($15.8M). During the last 5 years the exports of Pakistan to Vietnam have increased at an annualized rate of 5.61%, from $270M in 2023 to $355M in 2018.

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

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

Latest Data

Trade between Vietnam (Flag) and Pakistan (Flag)

Pakistan Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$118B
Pakistan
Top Destination
United States$5.18B

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

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

In 2023, countries that imported more from Pakistan than Vietnam included Afghanistan ($969M), Bangladesh ($690M), and Oman ($470M).

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

Comparative Advantage Vietnam - Pakistan

Flow
Scale

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

During 2023, Vietnam had a large net trade with Pakistan in the exports of Machines ($116M), Vegetable Products ($37.3M), and Metals ($29.1M).

During 2018, Pakistan had a large net trade with Vietnam in the exports of Vegetable Products ($187M), Textiles ($90.6M), and Animal Hides ($29M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Pakistan+$140MTelephones
Top Product Potential Pakistan Vietnam+$11MPackaged Medicaments

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 Pakistan. This means that a dot/product with the flag of Vietnam indicates it has a comparative advantage over Pakistan. Similarly, a dot/product with the flag of Pakistan indicates it has a comparative advantage over Vietnam.

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

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