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2023
Flag → Flag
Exports $524MRnk 47 / 142
2023
Flag → Flag
Top Product $178MBroadcasting Equipment
2023
Flag → Flag
Exports $68.6MRnk 57 / 193
2023
Flag → Flag
Top Product $50.6MWheat
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.39Rnk 47 / 132
2023
Flag  
GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
 GDP$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
GDP PC $4,282CURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195
2023
Flag
GDP PC$5,070CURRENT US$
Rnk 122 / 196
2013-2023
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GDP PC GROWTH22.8%CURRENT US$
Rnk 95 / 195

About

Vietnam-Ukraine Trade: In 2023, Vietnam exported $524M to Ukraine. The main products that Vietnam exported to Ukraine were Broadcasting Equipment ($178M), Office Machine Parts ($31.5M), and Textile Footwear ($25.2M). Over the past 5 years the exports of Vietnam to Ukraine have increased at an annualized rate of 4.63%, from $418M in 2018 to $524M in 2023.

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

Ukraine-Vietnam Trade: In 2023, Ukraine exported $68.6M to Vietnam. The main products that Ukraine exported to Vietnam were Wheat ($50.6M), Other Vegetable Residues ($3.43M), and Sawn Wood ($3.37M). Over the past 5 years the exports of Ukraine to Vietnam have decreased at an annualized rate of 19.7%,  from $205M in 2018 to $68.6M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Vietnam exported $524M to Ukraine. The main products exported from Vietnam to Ukraine were Broadcasting Equipment ($178M), Office Machine Parts ($31.5M), and Textile Footwear ($25.2M). During the last 5 years the exports of Vietnam to Ukraine have increased at an annualized rate of 4.63%, from $418M in 2018 to $524M in 2023.

In 2018, Ukraine exported $68.6M to Vietnam. The main products exported from Ukraine to Vietnam were Wheat ($50.6M), Other Vegetable Residues ($3.43M), and Sawn Wood ($3.37M). During the last 5 years the exports of Ukraine to Vietnam have decreased at an annualized rate of 19.7%, from $205M in 2023 to $68.6M in 2018.

Exports from Vietnam (Flag) to Ukraine (Flag) (2023)

Exports from Ukraine (Flag) to Vietnam (Flag) (2023)

Latest Data

Trade between Vietnam (Flag) and Ukraine (Flag)

Ukraine Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$118B
Ukraine
Top DestinationPoland$4.83B

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

In 2023, countries that imported more from Ukraine than Vietnam included Romania ($3.56B), Poland ($4.83B), and Moldova ($1.13B).

Difference in imports from Ukraine (Flag) and Vietnam (Flag) (2023)

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 2023, Vietnam had a large net trade with Ukraine in the exports of Machines ($295M), Footwear and Headwear ($52.3M), and Vegetable Products ($45.6M).

During 2018, Ukraine had a large net trade with Vietnam in the exports of Vegetable Products ($51.6M), Foodstuffs ($5.74M), and Wood Products ($4.52M).

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) (2023)

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