United States-Vietnam Trade: In 2022, United States exported $11.4B to Vietnam. The main products that United States exported to Vietnam were Raw Cotton ($1.11B), Integrated Circuits ($1.07B), and Broadcasting Equipment ($774M). Over the past 5 years the exports of United States to Vietnam have increased at an annualized rate of 1.22%, from $10.7B in 2017 to $11.4B in 2022.
In 2017, United States exported services to Vietnam worth $2.27B, with Travel ($1.28B), Transportation ($364M), and Financial services ($242M) being the largest in terms of value.
Vietnam-United States Trade: In 2022, Vietnam exported $117B to United States. The main products that Vietnam exported to United States were Broadcasting Equipment ($23.1B), Other Furniture ($7.13B), and Office Machine Parts ($5.55B). Over the past 5 years the exports of Vietnam to United States have increased at an annualized rate of 21.1%, from $45B in 2017 to $117B in 2022.
In 2022, Vietnam did not export any services to United States.
Comparison: In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).
Company data: In 2023, leading companies such as Old Navy (6.48k), Sailun Tire (5.96k), and LG Electronics (5.75k) were at the forefront of exporting goods from Vietnam to the United States. Conversely, Other (18k), Unknown (5k), and Lg Electronics Vietnam Hai Phong Co (3.46k) were notable for importing products to Vietnam from the United States.