Overview: In 2018 Vietnam was the number 45 economy in the world in terms of GDP (current US$), the number 19 in total exports, the number 20 in total imports, and the number 81 most complex economy according to the Economic Complexity Index (ECI). In 2018, Vietnam exported $274B and imported $253B, resulting in a positive trade balance of $20.4B. In 2018, Vietnam's exports per capita were $2.86k and its imports per capita were $2.65k.
Trade: The top exports of Vietnam are Broadcasting Equipment ($42.8B), Telephones ($23.1B), Integrated Circuits ($16B), Textile Footwear ($11.4B), and Broadcasting Accessories ($8.81B). The top imports of Vietnam are Integrated Circuits ($23B), Telephones ($10.8B), Refined Petroleum ($8.56B), Light Rubberized Knitted Fabric ($5.79B), and Electrical Parts ($4.28B).
Destinations: Vietnam exports mostly to China ($53.8B), United States ($49.5B), Japan ($20.3B), South Korea ($19.4B), and Germany ($11.2B), and imports mostly from China ($83.3B), South Korea ($48.6B), Japan ($15.6B), Thailand ($13B), and Singapore ($11.8B).
Location: Vietnam borders Cambodia, China, and Laos by land and Indonesia, Malaysia, Philippines, and Thailand by sea.