2023
Exports
$32.5BWorld Rnk 8 / 222
Flag Rnk 2 / 1173
2023
PRODUCT COMPLEXITY IN Integrated Circuits
1.17Rnk 117 / 1025
2023
Imports
$36BWorld Rnk 8 / 224
Flag Rnk 1 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $32.5B in Integrated Circuits, making it the 8th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 2nd most exported product in Vietnam. The main destination of Integrated Circuits exports from Vietnam are: China ($15.1B), Hong Kong ($7.9B), Mexico ($2.63B), United States ($1.72B), and Malaysia ($940M).

The fastest growing export markets for Integrated Circuits of Vietnam between 2022 and 2023 were Hong Kong ($2.84B), China ($2.24B), and Mexico ($1.1B).

Imports In 2023, Vietnam imported $36B in Integrated Circuits, becoming the 8th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 1st most imported product in Vietnam. Vietnam imports Integrated Circuits primarily from: China ($10.6B), Singapore ($7.09B), Hong Kong ($6.5B), Malaysia ($4.35B), and Japan ($3.03B).

The fastest growing import markets in Integrated Circuits for Vietnam between 2022 and 2023 were Singapore ($6.51B), Hong Kong ($6.09B), and Malaysia ($2.96B).

COMPANIES In 2024, leading companies such as Samsung (36), HP Inc (6), and ViewSonic (3) were at the forefront of shipping Integrated Circuits 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 Integrated Circuits. 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)$32.5B
IMPORTS (2023)$36B
NET TRADE (2023)-$3.59B

In 2023, Vietnam exported $32.5B in Integrated Circuits. The main destinations of Vietnam exports on Integrated Circuits were China ($15.1B), Hong Kong ($7.9B), Mexico ($2.63B), United States ($1.72B), and Malaysia ($940M).

In 2023, Vietnam imported $36B in Integrated Circuits, mainly from China ($10.6B), Singapore ($7.09B), Hong Kong ($6.5B), Malaysia ($4.35B), and Japan ($3.03B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Hong Kong$2.84B (56.1%)
China$2.24B (17.4%)
Mexico$1.1B (72.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Vietnam WERE (2022 - 2023):
Malaysia-$580M (-38.2%)
United States-$521M (-23.3%)
South Korea-$261M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Integrated Circuits were:
In 2023, Vietnam's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.32B
TOP IMPORT POTENTIALChina+ $3.87B

Integrated Circuits’s highest export potential is China. With an export gap of $5.32B.   Integrated Circuits’s highest import potential is China with an import gap of $3.87B.

See methodology.

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