Overview In 2020, Vietnam was the number 38 economy in the world in terms of GDP (current US$), the number 16 in total exports, the number 18 in total imports,
the number 137 economy in terms of GDP per capita (current US$) and the number 61 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Vietnam are Broadcasting Equipment ($42B), Telephones ($21.4B), Integrated Circuits ($19.4B), Textile Footwear ($8.9B), and Office Machine Parts ($7.68B), exporting mostly to United States ($77B), China ($49.4B), Japan ($20.4B), South Korea ($19.6B), and Hong Kong ($13.8B).
In 2020, Vietnam was the world's biggest exporter of Coconuts, Brazil Nuts, and Cashews ($3.06B), Metal-Clad Products ($3B), Fuel Wood ($1.92B), Cement ($1.48B), and Non-Retail Mixed Cotton Yarn ($349M)
Imports The top imports of Vietnam are Integrated Circuits ($34.2B), Telephones ($16.5B), Semiconductor Devices ($6.04B), Light Rubberized Knitted Fabric ($4.84B), and Broadcasting Accessories ($4.1B), importing mostly from China ($104B), South Korea ($48B), Japan ($16.1B), Chinese Taipei ($11.5B), and Thailand ($11.2B).
In 2020, Vietnam was the world's biggest importer of Light Rubberized Knitted Fabric ($4.84B), Synthetic Filament Yarn Woven Fabric ($2.12B), Soybean Meal ($1.7B), Coconuts, Brazil Nuts, and Cashews ($1.6B), and Plastic Coated Textile Fabric ($1.16B)
Location Vietnam borders Cambodia, China, and Laos by land and Indonesia, Malaysia, Philippines, and Thailand by sea.