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South Korea-Vietnam Trade: In 2022, South Korea exported $61.1B to Vietnam. The main products that South Korea exported to Vietnam were Integrated Circuits ($18.3B), Telephones ($7.99B), and Broadcasting Equipment ($4.5B). Over the past 5 years the exports of South Korea to Vietnam have increased at an annualized rate of 5.7%, from $46.3B in 2017 to $61.1B in 2022.

In 2022, South Korea did not export any services to Vietnam.

Vietnam-South Korea In N/A, Vietnam did not export any products to South Korea.

In 2022, Vietnam did not export any services to South Korea.

Comparison: In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and N/A in total exports (N/A). That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and N/A in total exports (N/A).

Historical Data

Latest Data

South Korea Exports

Market Competitiveness

Color
South Korea
Top Destination
N/AN/A
Vietnam
Top Destination
N/AN/A

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

N/A

N/A

Potential Exports

Potential Exports

Depth
View
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Top Product Potential South Korea Vietnam+$158MCars
Top Product Potential Vietnam South Korea+$344MIntegrated Circuits

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

Product Space of South Korea (Flag) and Vietnam (Flag) (NaN)

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