Ireland (IRL) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Ireland-Vietnam Trade: In 2022, Ireland exported $1.32B to Vietnam. The main products that Ireland exported to Vietnam were Integrated Circuits ($1.37B), Packaged Medicaments ($43.4M), and Malt Extract ($25.7M). Over the past 5 years the exports of Ireland to Vietnam have increased at an annualized rate of 184%, from $7.18M in 2017 to $1.32B in 2022.

In 2022, Ireland did not export any services to Vietnam.

Vietnam-Ireland Trade: In 2022, Vietnam exported $134M to Ireland. The main products that Vietnam exported to Ireland were Office Machine Parts ($226M), Broadcasting Equipment ($44M), and Electrical Transformers ($36.4M). Over the past 5 years the exports of Vietnam to Ireland have increased at an annualized rate of 81.9%, from $6.72M in 2017 to $134M in 2022.

In 2022, Vietnam did not export any services to Ireland.

Comparison: In 2022, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Latest Trends

N/A

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Overview In N/A, Ireland exported €N/A and imported €N/A from Vietnam, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to Vietnam were . In N/A the top imports of Ireland from Vietnam were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Vietnam was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports from Vietnam was explained primarily by an decrease in product imports in .

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

This section shows exports and imports data at subnational level for Ireland. Click any date in the line plot or any product to explore the exports or imports behavior of Ireland over time.

To check Vietnam and Ireland trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ireland exported $1.32B to Vietnam. The main products exported from Ireland to Vietnam were Integrated Circuits ($1.37B), Packaged Medicaments ($43.4M), and Malt Extract ($25.7M). During the last 5 years the exports of Ireland to Vietnam have increased at an annualized rate of 184%, from $7.18M in 2017 to $1.32B in 2022.

In 2017, Vietnam exported $134M to Ireland. The main products exported from Vietnam to Ireland were Office Machine Parts ($226M), Broadcasting Equipment ($44M), and Electrical Transformers ($36.4M). During the last 22 years the exports of Vietnam to Ireland have increased at an annualized rate of 81.9%, from $6.72M in 1995 to $134M in 2017.

Exports from Ireland () to Vietnam () (2022)

Exports from Vietnam () to Ireland () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ireland
Top DestinationUnited States$70.7B

Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Ireland than Vietnam included Germany ($28.6B), Belgium ($17B), and United Kingdom ($19B).

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

Difference in imports from Vietnam () and Ireland () (2022)

Comparative Advantage Ireland - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ireland had a large net trade with Vietnam in the exports of Machines ($1.41B), Chemical Products ($87.6M), and Foodstuffs ($47M).

During 2017, Vietnam had a large net trade with Ireland in the exports of Machines ($389M), Textiles ($55.1M), and Miscellaneous ($36.8M).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Ireland and Vietnam. This means that a dot/product with the flag of Ireland indicates it has a comparative advantage over Vietnam. Similarly, a dot/product with the flag of Vietnam indicates it has a comparative advantage over Ireland.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Ireland () to Vietnam () (2022)

Exports from Vietnam () to Ireland () (2022)

Market Competitiveness

Difference in imports from Vietnam () and Ireland () (2022)

Comparative Advantage Ireland - Vietnam

Economic Complexity

Competitive Landscape

Product Space of Ireland () and Vietnam () (2022)

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