Germany
↔
Viet Nam

Germany-Viet Nam Bilateral Trade Analysis 2023

Complete trade statistics: $17.90B total volume •Germany deficit: $10.33B

Germany → Viet Nam

$3.79B

Exports (2023)

Viet Nam → Germany

$14.12B

Imports (2023)

Trade Balance

$10.33B

Deficit for Germany

Total Trade

$17.90B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Germany and Viet Nam. Green line shows exports from Germany, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Germany-Viet Nam commercial relationship and competitive positioning in global markets.

Germany → Viet Nam Exports

$3.79B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
12.9% top product
1Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg
$487.01M
12.9% of exports
2Silicon: containing by weight not less than 99.99% of silicon
$396.49M
10.5% of exports
3Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$150.33M
4.0% of exports
4Reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material
$66.00M
1.7% of exports
5Machinery and mechanical appliances: presses for the manufacture of particle or fibre building board of wood or other ligneous materials and other machinery for treating wood or cork
$65.00M
1.7% of exports
6Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
$58.29M
1.5% of exports
7Medicaments: containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic or prophylactic uses, packaged for retail sale
$46.88M
1.2% of exports
8Electric motors and generators: DC, of an output not exceeding 750W
$44.12M
1.2% of exports
9Vehicles: parts and accessories, of bodies, other than safety seat belts
$42.06M
1.1% of exports
10Offal, edible: of swine, (other than livers), frozen
$36.62M
1.0% of exports

🎯 Strategic Export Focus

Germany's export portfolio to Viet Nam demonstrates strong diversification across multiple sectors, with aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg representing a key competitive advantage in this bilateral market.

Viet Nam → Germany Imports

$14.12B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
11.6% concentration
1Telephones for cellular networks or for other wireless networks
$1.64B
11.6% of imports
2Sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials
$658.10M
4.7% of imports
3Footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather
$654.12M
4.6% of imports
4Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
$505.76M
3.6% of imports
5Coffee: not roasted or decaffeinated
$452.61M
3.2% of imports
6Footwear: n.e.c. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics
$450.69M
3.2% of imports
7Footwear: (other than sportswear), with outer soles of rubber or plastics and uppers of textile materials
$441.36M
3.1% of imports
8Automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display
$373.07M
2.6% of imports
9Cases and containers: n.e.c. in heading 4202, with outer surface of sheeting of plastics or of textile materials
$321.55M
2.3% of imports
10Nuts, edible: cashew nuts, fresh or dried, shelled
$266.61M
1.9% of imports

📦 Import Strategy Analysis

Germany's import pattern from Viet Nam reveals significant dependencyin telephones for cellular networks or for other wireless networks, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Germany demonstrates competitive strength in exportingaeroplanes and other aircraft: of an unladen weight exceeding 15,000kg to Viet Nam, leveraging comparative advantages.

Export Leader in 20+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $17.90B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Germany-Viet Nam Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $17.90 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Germany maintains a deficit of $10.33 billion
  • Export Focus: Germany's primary exports include aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, silicon: containing by weight not less than 99.99% of silicon, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
  • Import Dependencies: Key imports from Viet Nam include telephones for cellular networks or for other wireless networks, sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials, footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $17.90B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Germany leveraging its comparative advantages in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Germany's specialization in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kgcomplements Viet Nam's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in telephones for cellular networks or for other wireless networks.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $17.90B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyHigh
🔮

Trade Relationship Outlook

The $17.90B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $17.90 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
🏭

Industrial Integration

Trade flows in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg and telephones for cellular networks or for other wireless networks demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
⚖️

Trade Balance Effects

Germany's trade deficit of $10.33 billion impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in silicon: containing by weight not less than 99.99% of silicon present expansion opportunities.
Market Diversification
Beyond current focus on telephones for cellular networks or for other wireless networks, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Germany and Viet Nam represents a total trade volume of $17.90 billion in 2023. This partnership demonstrates an unfavorable trade balance for Germany, with imports exceeding exportsby $10.33 billion.

Export Strengths

Germany's exports to Viet Nam total $3.79 billion, with competitive advantages in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, representing $487.01M or12.9% of bilateral exports.

Import Dependencies

Imports from Viet Nam amount to $14.12 billion, highlighting economic interdependence in telephones for cellular networks or for other wireless networks, with Telephones for cellular networks or for other wireless networks comprising11.6% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Germany's strategic sourcing from Viet Nam. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Germany and Viet Nam in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023