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Pricing

2022
Flag → Flag
Exports $17.9BRnk 9 / 211
2022
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Top Product $2.53BIntegrated Circuits
2022
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Exports $25BRnk 4 / 152
2022
Flag → Flag
Top Product $2.17BInsulated Wire
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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Economic Complexity (ECI) ECI 0.062Rnk 60 / 124
2022
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GDP$4.23TCURRENT US$
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2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
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GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$4,164CURRENT US$
Rnk 120 / 186
2012-2022
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GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Japan-Vietnam In 2022, Japan exported $17.9B to Vietnam. The main products that Japan exported to Vietnam are Integrated Circuits ($2.53B), Hot-Rolled Iron ($736M), and Scrap Iron ($587M). During the last 27 years the exports of Japan to Vietnam have increased at an annualized rate of 11.6%, from $918M in 1995 to $17.9B in 2022.

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

Vietnam-Japan In 2022, Vietnam exported $25B to Japan. The main products that Vietnam exported to Japan were Insulated Wire ($2.17B), Broadcasting Equipment ($1.4B), and Fuel Wood ($1.18B). During the last 27 years the exports of Vietnam to Japan have increased at an annualized rate of 10.7%, from $1.61B in 1995 to $25B in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B). That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B).

Latest Trends

January, 2024

About

Overview In January 2024, Japan exported ¥162B and imported ¥338B from Vietnam, resulting in a negative trade balance of ¥176B. Between January 2023 and January 2024 the exports of Japan have increased by ¥9.73B (6.38%) from ¥153B to ¥162B, while imports increased by ¥17.1B (5.31%) from ¥321B to ¥338B.

Trade In January 2024, the top exports of Japan to Vietnam were Integrated Circuits (¥25B), Commodities not elsewhere specified (¥11.9B), Scrap Iron (¥6.61B), Hot-Rolled Iron (¥6.01B), and Cranes (¥3.41B). In January 2024 the top imports of Japan from Vietnam were Insulated Wire (¥32.6B), Fuel Wood (¥19.8B), Telephones (¥17.1B), Textile Footwear (¥9.01B), and Knit Sweaters (¥8.68B).

Origins In January 2024 the exports of Japan were mainly from Fukuoka (¥37.8B), Chiba (¥21.8B), Aichi (¥17.9B), Hyōgo (¥17.3B), and Osaka (¥16.5B), while imports destinations were mainly Tokyo (¥89.2B), Aichi (¥48.6B), Chiba (¥46B), Osaka (¥43.1B), and Kanagawa (¥30.4B).

Growth In January 2024, the increase in Japan's year-by-year exports to Vietnam was explained primarily by an increase in product exports in Integrated Circuits (¥8.02B or 47.2%), Scrap Iron (¥4.87B or 279%), and Cranes (¥3.24B or 1.92k%). In January 2024, the increase in Japan's year-by-year imports  from Vietnam was explained primarily by an increase in product imports  in Fuel Wood (¥8.58B or 76.6%), Insulated Wire (¥4.39B or 15.6%), and Knit T-shirts (¥3.86B or 106%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)¥9.73B(6.38%)
IMPORT GROWTH (January 2023 - January 2024)¥17.1B(5.31%)
MAIN EXPORTER (January 2024)Fukuoka¥37.8B

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $17.9B to Vietnam. The main products exported from Japan to Vietnam were Integrated Circuits ($2.53B), Hot-Rolled Iron ($736M), and Scrap Iron ($587M). During the last 27 years the exports of Japan to Vietnam have increased at an annualized rate of 11.6%, from $918M in 1995 to $17.9B in 2022.

In 2022, Vietnam exported $25B to Japan. The main products exported from Vietnam to Japan were Insulated Wire ($2.17B), Broadcasting Equipment ($1.4B), and Fuel Wood ($1.18B). During the last 27 years the exports of Vietnam to Japan have increased at an annualized rate of 10.7%, from $1.61B in 1995 to $25B in 2022.

Exports from Japan (Flag) to Vietnam (Flag) (2022)

Exports from Vietnam (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Vietnam
Top DestinationUnited States$117B

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

In 2021, countries that imported more from Japan than Vietnam were China ($135B), Chinese Taipei ($50.1B), and South Korea ($50.8B).

In 2021, countries that imported more from Vietnam than Japan were Cambodia ($5.74B), Slovakia ($2.14B), and Austria ($2.66B).

Difference in imports from Vietnam (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - Vietnam

Flow
Scale

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

During 2022, Japan had a large net trade with Vietnam in the exports of Machines ($7.38B), Metals ($3.19B), and Plastics and Rubbers ($1.52B).

During 2022, Vietnam had a large net trade with Japan in the exports of Machines ($7.41B), Textiles ($4.72B), and Miscellaneous ($1.74B).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Japan has comparative advantage over Vietnam. Similarly, the more yellow a dot/product is, the more Vietnam has comparative advantage over Japan.

Product Space of Japan (Flag) and Vietnam (Flag) (2022)

Keep Exploring

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