Overview: In 2018 Vietnam was the number 32 economy in the world in terms of GDP (constant 2011 international USD), 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.