Qatar (QAT) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Qatar-Vietnam Trade: In 2023, Qatar exported $86.3M to Vietnam. The main products that Qatar exported to Vietnam were Petroleum Gas ($78.7M) and Alkylbenzenes and Alkylnaphthalenes ($7.53M). Over the past 5 years the exports of Qatar to Vietnam have decreased at an annualized rate of 21.6%, from $290M in 2018 to $86.3M in 2023.

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

Vietnam-Qatar Trade: In 2023, Vietnam exported $514M to Qatar. The main products that Vietnam exported to Qatar were Special Purpose Ships ($119M), Broadcasting Equipment ($79.8M), and Other Construction Vehicles ($71.5M). Over the past 5 years the exports of Vietnam to Qatar have increased at an annualized rate of 16.3%, from $242M in 2018 to $514M in 2023.

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

Comparison: In 2023, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Qatar exported $86.3M to Vietnam. The main products exported from Qatar to Vietnam were Petroleum Gas ($78.7M) and Alkylbenzenes and Alkylnaphthalenes ($7.53M). During the last 5 years the exports of Qatar to Vietnam have decreased at an annualized rate of 21.6%, from $290M in 2018 to $86.3M in 2023.

In 2018, Vietnam exported $514M to Qatar. The main products exported from Vietnam to Qatar were Special Purpose Ships ($119M), Broadcasting Equipment ($79.8M), and Other Construction Vehicles ($71.5M). During the last 5 years the exports of Vietnam to Qatar have increased at an annualized rate of 16.3%, from $242M in 2023 to $514M in 2018.

Exports from Qatar () to Vietnam () (2023)

Exports from Vietnam () to Qatar () (2023)

Latest Data

Trade between Qatar () and Vietnam ()

Qatar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from Qatar than Vietnam included South Korea ($12.1B), Pakistan ($6.52B), and Belgium ($5.29B).

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

Difference in imports from Vietnam () and Qatar () (2023)

Comparative Advantage Qatar - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Qatar had a large net trade with Vietnam in the exports of Mineral Products ($78.7M) and Chemical Products ($7.53M).

During 2018, Vietnam had a large net trade with Qatar in the exports of Machines ($220M), Transportation ($120M), and Footwear and Headwear ($45.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Vietnam+$55.6MPetroleum Gas

Top Product Potential Vietnam Qatar+$24.6MTelephones

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Qatar () to Vietnam () (2023)

Exports from Vietnam () to Qatar () (2023)

Latest Data

Trade between Qatar () and Vietnam ()

Qatar Exports

Market Competitiveness

Difference in imports from Vietnam () and Qatar () (2023)

Comparative Advantage Qatar - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and Vietnam () (2023)

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