2022
Flag  
GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 186
2022
Flag
GDP PC 
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186

About

Ukraine-Vietnam Trade: In 2022, Ukraine exported $119M to Vietnam. The main products that Ukraine exported to Vietnam were Iron Ore ($59.1M), Wheat ($23.4M), and Packaged Medicaments ($7.75M). Over the past 5 years the exports of Ukraine to Vietnam have decreased at an annualized rate of 0.35%, from $122M in 2017 to $119M in 2022.

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

Vietnam-Ukraine Trade: In 2022, Vietnam exported $147M to Ukraine. The main products that Vietnam exported to Ukraine were Broadcasting Equipment ($24.8M), Textile Footwear ($7.55M), and Fish Fillets ($7.53M). Over the past 5 years the exports of Vietnam to Ukraine have decreased at an annualized rate of 8.27%,  from $320M in 2017 to $147M in 2022.

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

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). That same year, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ukraine exported $119M to Vietnam. The main products exported from Ukraine to Vietnam were Iron Ore ($59.1M), Wheat ($23.4M), and Packaged Medicaments ($7.75M). During the last 5 years the exports of Ukraine to Vietnam have decreased at an annualized rate of 0.35%, from $122M in 2017 to $119M in 2022.

In 2017, Vietnam exported $147M to Ukraine. The main products exported from Vietnam to Ukraine were Broadcasting Equipment ($24.8M), Textile Footwear ($7.55M), and Fish Fillets ($7.53M). During the last 5 years the exports of Vietnam to Ukraine have decreased at an annualized rate of 8.27%, from $320M in 2022 to $147M in 2017.

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

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

Latest Data

Trade between Ukraine (Flag) and Vietnam (Flag)

Ukraine Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$6.7B
Vietnam
Top Destination
United States$117B

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

In 2022, countries that imported more from Ukraine than Vietnam included Romania ($3.94B), Poland ($6.7B), and Hungary ($2.28B).

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

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

Comparative Advantage Ukraine - Vietnam

Flow
Scale

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

During 2022, Ukraine had a large net trade with Vietnam in the exports of Mineral Products ($60.8M), Vegetable Products ($23.9M), and Chemical Products ($8.98M).

During 2017, Vietnam had a large net trade with Ukraine in the exports of Machines ($59.9M), Vegetable Products ($16.6M), and Footwear and Headwear ($15.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Vietnam+$18.1MWheat
Top Product Potential Vietnam Ukraine+$34.3MTelephones

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

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

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