2022
Flag  
GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP
$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP GROWTH
20.8%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC 
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC
$1,267CURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP PC GROWTH
-1.8%CURRENT US$
Rnk 147 / 186

About

Vietnam-Zimbabwe Trade: In 2022, Vietnam exported $252k to Zimbabwe. The main products that Vietnam exported to Zimbabwe were Other Edible Preparations ($79.9k), Other Coloring Matter ($55.8k), and Industrial Fatty Acids, Oils and Alcohols ($49.4k). Over the past 5 years the exports of Vietnam to Zimbabwe have decreased at an annualized rate of 54.7%, from $13.2M in 2017 to $252k in 2022.

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

Zimbabwe-Vietnam Trade: In 2022, Zimbabwe exported $17.1M to Vietnam. The main products that Zimbabwe exported to Vietnam were Raw Tobacco ($17.1M) and Other Nuts ($4). Over the past 5 years the exports of Zimbabwe to Vietnam have increased at an annualized rate of 32.5%,  from $4.17M in 2017 to $17.1M in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $252k to Zimbabwe. The main products exported from Vietnam to Zimbabwe were Other Edible Preparations ($79.9k), Other Coloring Matter ($55.8k), and Industrial Fatty Acids, Oils and Alcohols ($49.4k). During the last 5 years the exports of Vietnam to Zimbabwe have decreased at an annualized rate of 54.7%, from $13.2M in 2017 to $252k in 2022.

In 2017, Zimbabwe exported $17.1M to Vietnam. The main products exported from Zimbabwe to Vietnam were Raw Tobacco ($17.1M) and Other Nuts ($4). During the last 5 years the exports of Zimbabwe to Vietnam have increased at an annualized rate of 32.5%, from $4.17M in 2022 to $17.1M in 2017.

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

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

Latest Data

Trade between Vietnam (Flag) and Zimbabwe (Flag)

Zimbabwe Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Zimbabwe
Top Destination
United Arab Emirates$4.78B

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

In 2022, countries that imported more from Vietnam than Zimbabwe included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from Zimbabwe than Vietnam included South Africa ($1.47B), Mozambique ($191M), and Zambia ($102M).

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

Comparative Advantage Vietnam - Zimbabwe

Flow
Scale

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

During 2022, Vietnam had a large net trade with Zimbabwe in the exports of Chemical Products ($127k), Foodstuffs ($79.9k), and Miscellaneous ($19.1k).

During 2017, Zimbabwe had a large net trade with Vietnam in the exports of Foodstuffs ($17.1M) and Vegetable Products ($4).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Zimbabwe+$5.11kTelephones
Top Product Potential Zimbabwe Vietnam+$4.92kGold

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

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

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