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2021
Flag → Flag
Exports $40.6MRnk 42 / 0
2021
Flag → Flag
Exports $81MRnk 86 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Vietnam-Iran Trade: In 2021, Vietnam exported $40.6M to Iran. The main products that Vietnam exported to Iran were N/A. Over the past 5 years the exports of Vietnam to Iran have decreased at an annualized rate of 0.12%, from $40.8M in 2016 to $40.6M in 2021.

In 2021, Vietnam did not export any services to Iran.

Iran-Vietnam Trade: In 2021, Iran exported $81M to Vietnam. The main products that Iran exported to Vietnam were N/A. Over the past 5 years the exports of Iran to Vietnam have decreased at an annualized rate of 27.5%,  from $404M in 2016 to $81M in 2021.

In 2021, Iran did not export any services to Vietnam.

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). That same year, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Vietnam exported $40.6M to Iran. There were not main exports from Vietnam to Iran in 2021. During the last 5 years the exports of Vietnam to Iran have decreased at an annualized rate of 0.12%, from $40.8M in 2016 to $40.6M in 2021.

In 2016, Iran exported $81M to Vietnam. There were not main exports from Iran to Vietnam in 2016. During the last 5 years the exports of Iran to Vietnam have decreased at an annualized rate of 27.5%, from $404M in 2021 to $81M in 2016.

Exports from Vietnam (Flag) to Iran (Flag) (2021)

Exports from Iran (Flag) to Vietnam (Flag) (2021)

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$117B
Iran
Top DestinationChina$5.72B

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

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

In 2022, countries that imported more from Iran than Vietnam included Turkey ($3.17B), Azerbaijan ($454M), and Armenia ($557M).

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

Comparative Advantage Vietnam - Iran

Flow
Scale

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

During 2021, Vietnam had a large net trade with Iran in the exports of .

During 2016, Iran had a large net trade with Vietnam in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Iran+$12.8kTelephones
Top Product Potential Iran Vietnam+$7.32kEthylene Polymers

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

Product Space of Vietnam (Flag) and Iran (Flag) (2021)

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