Vietnam (VNM) and Qatar (QAT) Trade | The Observatory of Economic Complexity

About

Vietnam-Qatar Trade: In 2023, Vietnam exported $514M to Qatar. The main products that Vietnam exported to Qatar were Special Purpose Ships ($119M), Broadcasting Equipment ($79.8M), and Other Construction Vehicles ($71.5M). Over the past 5 years the exports of Vietnam to Qatar have increased at an annualized rate of 16.3%, from $242M in 2018 to $514M in 2023.

In 2023, Vietnam did not export any services to Qatar.

Qatar-Vietnam Trade: In 2023, Qatar exported $86.3M to Vietnam. The main products that Qatar exported to Vietnam were Petroleum Gas ($78.7M) and Alkylbenzenes and Alkylnaphthalenes ($7.53M). Over the past 5 years the exports of Qatar to Vietnam have decreased at an annualized rate of 7.77%, from $290M in 2018 to $86.3M in 2023.

In 2023, Qatar did not export any services to Vietnam.

Comparison: In 2023, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). That same year, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Vietnam exported $514M to Qatar. The main products exported from Vietnam to Qatar were Special Purpose Ships ($119M), Broadcasting Equipment ($79.8M), and Other Construction Vehicles ($71.5M). During the last 5 years the exports of Vietnam to Qatar have increased at an annualized rate of 16.3%, from $242M in 2018 to $514M in 2023.

In 2018, Qatar exported $86.3M to Vietnam. The main products exported from Qatar to Vietnam were Petroleum Gas ($78.7M) and Alkylbenzenes and Alkylnaphthalenes ($7.53M). During the last 5 years the exports of Qatar to Vietnam have decreased at an annualized rate of 7.77%, from $290M in 2023 to $86.3M in 2018.

Exports from Vietnam () to Qatar () (2023)

Exports from Qatar () to Vietnam () (2023)

Latest Data

Trade between Vietnam () and Qatar ()

Qatar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$118B

Qatar
Top DestinationChina$20.9B

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

In 2023, countries that imported more from Vietnam than Qatar included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Qatar than Vietnam included South Korea ($12.1B), Pakistan ($6.52B), and Belgium ($5.29B).

Difference in imports from Qatar () and Vietnam () (2023)

Comparative Advantage Vietnam - Qatar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Vietnam had a large net trade with Qatar in the exports of Machines ($220M), Transportation ($120M), and Footwear and Headwear ($45.9M).

During 2018, Qatar had a large net trade with Vietnam in the exports of Mineral Products ($78.7M) and Chemical Products ($7.53M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Vietnam Qatar+$24.6MTelephones

Top Product Potential Qatar Vietnam+$55.6MPetroleum Gas

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Vietnam and Qatar. This means that a dot/product with the flag of Vietnam indicates it has a comparative advantage over Qatar. Similarly, a dot/product with the flag of Qatar indicates it has a comparative advantage over Vietnam.

About

Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Qatar () (2023)

Exports from Qatar () to Vietnam () (2023)

Latest Data

Trade between Vietnam () and Qatar ()

Qatar Exports

Market Competitiveness

Difference in imports from Qatar () and Vietnam () (2023)

Comparative Advantage Vietnam - Qatar

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Vietnam () and Qatar () (2023)

Keep Exploring