2023
Flag  
GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
 GDP
$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH
101%CURRENT US$
Rnk 13 / 195
2023
Flag
GDP PC 
$44,691CURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC
$4,282CURRENT US$
Rnk 128 / 196
2013-2023
Flag
GDP PC GROWTH
81.5%CURRENT US$
Rnk 15 / 195

About

France-Vietnam Trade: In 2023, France exported $1.27B to Vietnam. The main products that France exported to Vietnam were Packaged Medicaments ($201M), Gas Turbines ($90.2M), and Vaccines, blood, antisera, toxins and cultures ($71.5M). Over the past 5 years the exports of France to Vietnam have decreased at an annualized rate of 4.49%, from $1.59B in 2018 to $1.27B in 2023.

In 2023, France did not export any services to Vietnam.

Vietnam-France Trade: In 2023, Vietnam exported $3.93B to France. The main products that Vietnam exported to France were Broadcasting Equipment ($907M), Textile Footwear ($367M), and Computers ($106M). Over the past 5 years the exports of Vietnam to France have decreased at an annualized rate of 9.11%,  from $6.34B in 2018 to $3.93B in 2023.

In 2023, Vietnam did not export any services to France.

Comparison: In 2023,  France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B). That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, France exported $1.27B to Vietnam. The main products exported from France to Vietnam were Packaged Medicaments ($201M), Gas Turbines ($90.2M), and Vaccines, blood, antisera, toxins and cultures ($71.5M). During the last 5 years the exports of France to Vietnam have decreased at an annualized rate of 4.49%, from $1.59B in 2018 to $1.27B in 2023.

In 2018, Vietnam exported $3.93B to France. The main products exported from Vietnam to France were Broadcasting Equipment ($907M), Textile Footwear ($367M), and Computers ($106M). During the last 5 years the exports of Vietnam to France have decreased at an annualized rate of 9.11%, from $6.34B in 2023 to $3.93B in 2018.

Exports from France (Flag) to Vietnam (Flag) (2023)

Exports from Vietnam (Flag) to France (Flag) (2023)

Latest Data

Trade between France (Flag) and Vietnam (Flag)

France Exports

Market Competitiveness

Color
France
Top Destination
Germany$72.8B
Vietnam
Top Destination
United States$118B

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

In 2023, countries that imported more from France than Vietnam included Germany ($72.8B), Italy ($56.3B), and Belgium ($49.2B).

In 2023, countries that imported more from Vietnam than France included United States ($118B), China ($85.7B), and Japan ($25.1B).

Difference in imports from Vietnam (Flag) and France (Flag) (2023)

Comparative Advantage France - Vietnam

Flow
Scale

This chart compares trade between France and Vietnam by product, considering products traded by both, France and Vietnam.

During 2023, France had a large net trade with Vietnam in the exports of Chemical Products ($430M), Machines ($257M), and Foodstuffs ($102M).

During 2018, Vietnam had a large net trade with France in the exports of Machines ($1.59B), Footwear and Headwear ($608M), and Textiles ($527M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Vietnam+$49.1MPackaged Medicaments
Top Product Potential Vietnam France+$364MTelephones

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

Product Space of France (Flag) and Vietnam (Flag) (2023)

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