Zimbabwe (ZWE) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Zimbabwe-Vietnam Trade: In 2022, Zimbabwe exported $17.1M to Vietnam. The main products that Zimbabwe exported to Vietnam were Raw Tobacco ($17.1M) and Other Nuts ($4). Over the past 6 years the exports of Zimbabwe to Vietnam have increased at an annualized rate of 0.75%, from $16.3M in 2016 to $17.1M in 2022.

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

Vietnam-Zimbabwe Trade: In 2022, Vietnam exported $252k to Zimbabwe. The main products that Vietnam exported to Zimbabwe were Other Edible Preparations ($79.9k), Other Coloring Matter ($55.8k), and Industrial Fatty Acids, Oils and Alcohols ($49.4k). Over the past 6 years the exports of Vietnam to Zimbabwe have decreased at an annualized rate of 54.7%, from $13.2M in 2016 to $252k in 2022.

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

Comparison: In 2022, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B). That same year, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Zimbabwe exported $17.1M to Vietnam. The main products exported from Zimbabwe to Vietnam were Raw Tobacco ($17.1M) and Other Nuts ($4). During the last 6 years the exports of Zimbabwe to Vietnam have increased at an annualized rate of 0.75%, from $16.3M in 2016 to $17.1M in 2022.

In 2017, Vietnam exported $252k to Zimbabwe. The main products exported from Vietnam to Zimbabwe were Other Edible Preparations ($79.9k), Other Coloring Matter ($55.8k), and Industrial Fatty Acids, Oils and Alcohols ($49.4k). During the last 5 years the exports of Vietnam to Zimbabwe have decreased at an annualized rate of 54.7%, from $13.2M in 2022 to $252k in 2017.

Exports from Zimbabwe () to Vietnam () (2022)

Exports from Vietnam () to Zimbabwe () (2022)

Latest Data

Trade between Zimbabwe () and Vietnam ()

Zimbabwe Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Zimbabwe than Vietnam included South Africa ($1.47B), Mozambique ($191M), and Zambia ($102M).

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

Difference in imports from Vietnam () and Zimbabwe () (2022)

Comparative Advantage Zimbabwe - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Zimbabwe had a large net trade with Vietnam in the exports of Foodstuffs ($17.1M) and Vegetable Products ($4).

During 2017, Vietnam had a large net trade with Zimbabwe in the exports of Chemical Products ($127k), Foodstuffs ($79.9k), and Miscellaneous ($19.1k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zimbabwe Vietnam+$4.92kGold

Top Product Potential Vietnam Zimbabwe+$5.11kTelephones

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Zimbabwe () to Vietnam () (2022)

Exports from Vietnam () to Zimbabwe () (2022)

Latest Data

Trade between Zimbabwe () and Vietnam ()

Zimbabwe Exports

Market Competitiveness

Difference in imports from Vietnam () and Zimbabwe () (2022)

Comparative Advantage Zimbabwe - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Zimbabwe () and Vietnam () (2022)

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