2022
Exports
$7BWorld Rnk 6 / 213
Flag Rnk 8 / 1176
2022
PRODUCT COMPLEXITY IN Semiconductor Devices
1.09Rnk 140 / 1025
2022
Imports
$3.67BWorld Rnk 13 / 221
Flag Rnk 13 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $7B in Semiconductor Devices, making it the 6th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 8th most exported product in Vietnam. The main destination of Semiconductor Devices exports from Vietnam are: United States ($4.57B), China ($845M), Canada ($259M), Chinese Taipei ($206M), and India ($198M).

The fastest growing export markets for Semiconductor Devices of Vietnam between 2021 and 2022 were United States ($1.56B), China ($292M), and Chinese Taipei ($196M).

Imports In 2022, Vietnam imported $3.67B in Semiconductor Devices, becoming the 13th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 13th most imported product in Vietnam. Vietnam imports Semiconductor Devices primarily from: China ($1.16B), South Korea ($690M), Thailand ($554M), Malaysia ($509M), and Japan ($269M).

The fastest growing import markets in Semiconductor Devices for Vietnam between 2021 and 2022 were Thailand ($166M), Cambodia ($89.8M), and Chinese Taipei ($27.5M).

COMPANIES In 2023, leading companies such as Cooper Lighting Solutions (80), Acuity Brands (54), and Home Depot (32) were at the forefront of shipping Semiconductor Devices from Vietnam to the United States.

Latest Trends

Oct 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 Semiconductor Devices. 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 (2022)$7B
IMPORTS (2022)$3.67B
NET TRADE (2022)$3.34B

In 2022, Vietnam exported $7B in Semiconductor Devices. The main destinations of Vietnam exports on Semiconductor Devices were United States ($4.57B), China ($845M), Canada ($259M), Chinese Taipei ($206M), and India ($198M).

In 2022, Vietnam imported $3.67B in Semiconductor Devices, mainly from China ($1.16B), South Korea ($690M), Thailand ($554M), Malaysia ($509M), and Japan ($269M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$1.56B (51.8%)
China$292M (52.7%)
Chinese Taipei$196M (1.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY Vietnam WERE (2021 - 2022):
Austria-$24.2M (-55.3%)
South Korea-$6.2M (-3.99%)
Mexico-$3.55M (-22.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Semiconductor Devices were:
China $70.2B
Japan $9.88B
In 2022, Vietnam's main importing competitors in Semiconductor Devices were:

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Trade Value of Semiconductor Devices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $906M
TOP IMPORT POTENTIALChina+ $742M

Semiconductor Devices’s highest export potential is China. With an export gap of $906M.   Semiconductor Devices’s highest import potential is China with an import gap of $742M.

See methodology.

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