Vietnam-Russia Trade: In 2022, Vietnam exported $1.56B to Russia. The main products that Vietnam exported to Russia were Coffee ($199M), Broadcasting Equipment ($172M), and Fish Fillets ($64.7M). Over the past 5 years the exports of Vietnam to Russia have decreased at an annualized rate of 10.8%, from $2.77B in 2017 to $1.56B in 2022.
In 2022, Vietnam did not export any services to Russia.
Russia-Vietnam Trade: In 2022, Russia exported $1.76B to Vietnam. The main products that Russia exported to Vietnam were Coal Briquettes ($473M), Hot-Rolled Iron ($198M), and Mixed Mineral or Chemical Fertilizers ($157M). Over the past 5 years the exports of Russia to Vietnam have increased at an annualized rate of 1.83%, from $1.61B in 2017 to $1.76B in 2022.
In 2020, Russia exported services to Vietnam worth $111M, with Travel ($46.1M), Transportation ($38.4M), and Other business services ($18M) being the largest in terms of value.
Comparison: In 2022, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).