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2022
Flag → Flag
Exports $147MRnk 78 / 152
2022
Flag → Flag
Top Product $24.8MBroadcasting Equipment
2022
Flag → Flag
Exports $119MRnk 50 / 191
2022
Flag → Flag
Top Product $59.1MIron Ore
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
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Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
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GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
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GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
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GDP PC $4,164CURRENT US$
Rnk 120 / 186
2012-2022
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GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
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GDP PC$4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Vietnam-Ukraine Trade: In 2022, Vietnam exported $147M to Ukraine. The main products that Vietnam exported to Ukraine were Broadcasting Equipment ($24.8M), Textile Footwear ($7.55M), and Fish Fillets ($7.53M). Over the past 5 years the exports of Vietnam to Ukraine have decreased at an annualized rate of 14.4%, from $320M in 2017 to $147M in 2022.

In 2022, Vietnam did not export any services to Ukraine.

Ukraine-Vietnam Trade: In 2022, Ukraine exported $119M to Vietnam. The main products that Ukraine exported to Vietnam were Iron Ore ($59.1M), Wheat ($23.4M), and Packaged Medicaments ($7.75M). Over the past 5 years the exports of Ukraine to Vietnam have decreased at an annualized rate of 0.35%,  from $122M in 2017 to $119M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $147M to Ukraine. The main products exported from Vietnam to Ukraine were Broadcasting Equipment ($24.8M), Textile Footwear ($7.55M), and Fish Fillets ($7.53M). During the last 5 years the exports of Vietnam to Ukraine have decreased at an annualized rate of 14.4%, from $320M in 2017 to $147M in 2022.

In 2017, Ukraine exported $119M to Vietnam. The main products exported from Ukraine to Vietnam were Iron Ore ($59.1M), Wheat ($23.4M), and Packaged Medicaments ($7.75M). During the last 5 years the exports of Ukraine to Vietnam have decreased at an annualized rate of 0.35%, from $122M in 2022 to $119M in 2017.

Exports from Vietnam (Flag) to Ukraine (Flag) (2022)

Exports from Ukraine (Flag) to Vietnam (Flag) (2022)

Latest Data

Trade between Vietnam (Flag) and Ukraine (Flag)

Ukraine Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$117B
Ukraine
Top DestinationPoland$6.7B

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

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

In 2022, countries that imported more from Ukraine than Vietnam included Romania ($3.94B), Poland ($6.7B), and Hungary ($2.28B).

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

Comparative Advantage Vietnam - Ukraine

Flow
Scale

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

During 2022, Vietnam had a large net trade with Ukraine in the exports of Machines ($59.9M), Vegetable Products ($16.6M), and Footwear and Headwear ($15.1M).

During 2017, Ukraine had a large net trade with Vietnam in the exports of Mineral Products ($60.8M), Vegetable Products ($23.9M), and Chemical Products ($8.98M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Ukraine+$34.3MTelephones
Top Product Potential Ukraine Vietnam+$18.1MWheat

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

Product Space of Vietnam (Flag) and Ukraine (Flag) (2022)

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