2022
Flag  
GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 186
2022
Flag
GDP PC 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186

About

United Arab Emirates-Vietnam Trade: In 2022, United Arab Emirates exported $1.03B to Vietnam. The main products that United Arab Emirates exported to Vietnam were Rolled Tobacco ($112M), Petroleum Gas ($108M), and Broadcasting Equipment ($103M). Over the past 5 years the exports of United Arab Emirates to Vietnam have increased at an annualized rate of 8.97%, from $668M in 2017 to $1.03B in 2022.

In 2022, United Arab Emirates did not export any services to Vietnam.

Vietnam-United Arab Emirates Trade: In 2022, Vietnam exported $4.74B to United Arab Emirates. The main products that Vietnam exported to United Arab Emirates were Broadcasting Equipment ($2.77B), Textile Footwear ($141M), and Office Machine Parts ($119M). Over the past 5 years the exports of Vietnam to United Arab Emirates have decreased at an annualized rate of 5.82%,  from $6.4B in 2017 to $4.74B in 2022.

In 2022, Vietnam did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $1.03B to Vietnam. The main products exported from United Arab Emirates to Vietnam were Rolled Tobacco ($112M), Petroleum Gas ($108M), and Broadcasting Equipment ($103M). During the last 5 years the exports of United Arab Emirates to Vietnam have increased at an annualized rate of 8.97%, from $668M in 2017 to $1.03B in 2022.

In 2017, Vietnam exported $4.74B to United Arab Emirates. The main products exported from Vietnam to United Arab Emirates were Broadcasting Equipment ($2.77B), Textile Footwear ($141M), and Office Machine Parts ($119M). During the last 5 years the exports of Vietnam to United Arab Emirates have decreased at an annualized rate of 5.82%, from $6.4B in 2022 to $4.74B in 2017.

Exports from United Arab Emirates (Flag) to Vietnam (Flag) (2022)

Exports from Vietnam (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Vietnam (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
India$51B
Vietnam
Top Destination
United States$117B

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

In 2022, countries that imported more from United Arab Emirates than Vietnam included India ($51B), Saudi Arabia ($27.8B), and Iraq ($21.2B).

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

Difference in imports from Vietnam (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Vietnam

Flow
Scale

This chart compares trade between United Arab Emirates and Vietnam by product, considering products traded by both, United Arab Emirates and Vietnam.

During 2022, United Arab Emirates had a large net trade with Vietnam in the exports of Machines ($309M), Foodstuffs ($178M), and Mineral Products ($163M).

During 2017, Vietnam had a large net trade with United Arab Emirates in the exports of Machines ($3.5B), Textiles ($228M), and Footwear and Headwear ($223M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Vietnam+$107MTelephones
Top Product Potential Vietnam United Arab Emirates+$102MComputers

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

Product Space of United Arab Emirates (Flag) and Vietnam (Flag) (2022)

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