Vietnam-Australia Trade: In 2023, Vietnam exported $6.56B to Australia. The main products that Vietnam exported to Australia were Broadcasting Equipment ($1.14B), Crude Petroleum ($698M), and Video Displays ($372M). Over the past 5 years the exports of Vietnam to Australia have increased at an annualized rate of 7.39%, from $4.59B in 2018 to $6.56B in 2023.
In 2023, Vietnam did not export any services to Australia.
Australia-Vietnam Trade: In 2023, Australia exported $7.82B to Vietnam. The main products that Australia exported to Vietnam were Coal Briquettes ($2.93B), Raw Cotton ($1.05B), and Wheat ($899M). Over the past 5 years the exports of Australia to Vietnam have increased at an annualized rate of 14.9%, from $3.91B in 2018 to $7.82B in 2023.
In 2009, Australia exported services to Vietnam worth $605M, with Travel ($561M), Other business services ($31.7M), and Transportation ($3.96M) being the largest in terms of value.
Comparison: In 2023, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).