2023
Exports
$569MWorld Rnk 32 / 208
Flag Rnk 49 / 96
2023
PRODUCT COMPLEXITY IN Aircraft and spacecraft
0.54Rnk 352 / 1025
2023
Imports
$1.29BWorld Rnk 34 / 221
Flag Rnk 45 / 96
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $569M in Aircraft and spacecraft, making it the 32nd largest exporter of Aircraft and spacecraft in the world. At the same year, Aircraft and spacecraft was the 49th most exported product in Vietnam. The main destination of Aircraft and spacecraft exports from Vietnam are: Netherlands ($326M), United States ($96.2M), India ($62M), France ($17.7M), and Malaysia ($12.7M).

The fastest growing export markets for Aircraft and spacecraft of Vietnam between 2022 and 2023 were Netherlands ($95.4M), India ($61.6M), and Malaysia ($8.48M).

Imports In 2023, Vietnam imported $1.29B in Aircraft and spacecraft, becoming the 34th largest importer of Aircraft and spacecraft in the world. At the same year, Aircraft and spacecraft was the 45th most imported product in Vietnam. Vietnam imports Aircraft and spacecraft primarily from: Germany ($493M), Netherlands ($327M), Singapore ($170M), China ($110M), and Poland ($61.1M).

The fastest growing import markets in Aircraft and spacecraft for Vietnam between 2022 and 2023 were Germany ($314M), Singapore ($165M), and Netherlands ($153M).

COMPANIES In 2024, leading companies such as LG Electronics (2) and IKEA Group (1) were at the forefront of shipping Aircraft and spacecraft from Vietnam to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Aircraft and spacecraft. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$569M
IMPORTS (2023)$1.29B
NET TRADE (2023)-$724M

In 2023, Vietnam exported $569M in Aircraft and spacecraft. The main destinations of Vietnam exports on Aircraft and spacecraft were Netherlands ($326M), United States ($96.2M), India ($62M), France ($17.7M), and Malaysia ($12.7M).

In 2023, Vietnam imported $1.29B in Aircraft and spacecraft, mainly from Germany ($493M), Netherlands ($327M), Singapore ($170M), China ($110M), and Poland ($61.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aircraft and spacecraft EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Netherlands$95.4M (41.4%)
India$61.6M (17.9k%)
Malaysia$8.48M (203%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aircraft and spacecraft BY Vietnam WERE (2022 - 2023):
Hong Kong-$40.8M (-81.7%)
Singapore-$18.7M (-77.2%)
France-$5.54M (-23.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Aircraft and spacecraft were:
In 2023, Vietnam's main importing competitors in Aircraft and spacecraft were:

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Trade Value of Aircraft and spacecraft by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.2M
TOP IMPORT POTENTIALFrance+ $17.6M

Aircraft and spacecraft’s highest export potential is United States. With an export gap of $10.2M.   Aircraft and spacecraft’s highest import potential is France with an import gap of $17.6M.

See methodology.

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