GDP$409BCURRENT US$Rnk 35 / 186 GDP GROWTH109%CURRENT US$Rnk 12 / 186
GDP$2.01TCURRENT US$Rnk 10 / 186 GDP GROWTH-3.67%CURRENT US$Rnk 169 / 186 GDP PC $4,164CURRENT US$Rnk 120 / 186GDP PC GROWTH90.1%CURRENT US$Rnk 11 / 186GDP PC$34,158CURRENT US$Rnk 30 / 186GDP PC GROWTH-2.55%CURRENT US$Rnk 148 / 186In N/A, Vietnam did not export any services to Italy.
Italy-Vietnam In N/A, Italy did not export any products to Vietnam.
In N/A, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).
Vietnam does not register exports to Italy. The main products exported from Vietnam to Italy were Broadcasting Equipment ($789M), Coffee ($347M), and Hot-Rolled Iron ($288M).
) to Italy () (2022)) to Vietnam () (2022)) and Vietnam () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Vietnam and Italy. This means that a dot/product with the flag of Vietnam indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Vietnam.
) and Italy () (2022)
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