2022
Exports
$16.9BWorld Rnk 10 / 226
Flag Rnk 3 / 1176
2022
PRODUCT COMPLEXITY IN Integrated Circuits
1.48Rnk 56 / 1025
2022
Imports
$45.2BWorld Rnk 6 / 225
Flag Rnk 1 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $16.9B in Integrated Circuits, making it the 10th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 3rd most exported product in Vietnam. The main destination of Integrated Circuits exports from Vietnam are: China ($7.59B), Hong Kong ($3.27B), United States ($1.37B), Malaysia ($768M), and Singapore ($574M).

The fastest growing export markets for Integrated Circuits of Vietnam between 2021 and 2022 were Malaysia ($412M), Singapore ($108M), and Macau ($58.7M).

Imports In 2022, Vietnam imported $45.2B in Integrated Circuits, becoming the 6th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 1st most imported product in Vietnam. Vietnam imports Integrated Circuits primarily from: South Korea ($15.9B), China ($12.3B), Chinese Taipei ($3.65B), Malaysia ($3.28B), and Singapore ($2.59B).

The fastest growing import markets in Integrated Circuits for Vietnam between 2021 and 2022 were South Korea ($2.79B), Singapore ($2.08B), and Chinese Taipei ($871M).

COMPANIES In 2023, leading companies such as Samsung (21), ViewSonic (14), and Woodstream (10) were at the forefront of shipping Integrated Circuits from Vietnam to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Integrated Circuits. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.9B
IMPORTS (2022)$45.2B
NET TRADE (2022)-$28.2B

In 2022, Vietnam exported $16.9B in Integrated Circuits. The main destinations of Vietnam exports on Integrated Circuits were China ($7.59B), Hong Kong ($3.27B), United States ($1.37B), Malaysia ($768M), and Singapore ($574M).

In 2022, Vietnam imported $45.2B in Integrated Circuits, mainly from South Korea ($15.9B), China ($12.3B), Chinese Taipei ($3.65B), Malaysia ($3.28B), and Singapore ($2.59B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Malaysia$412M (115%)
Singapore$108M (23.2%)
Macau$58.7M (32.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Vietnam WERE (2021 - 2022):
Hong Kong-$1.13B (-25.7%)
China-$610M (-7.44%)
Netherlands-$262M (-39.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Integrated Circuits were:
In 2022, Vietnam's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.32B
TOP IMPORT POTENTIALChina+ $3.87B

Integrated Circuits’s highest export potential is China. With an export gap of $5.32B.   Integrated Circuits’s highest import potential is China with an import gap of $3.87B.

See methodology.

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