Viet Nam
↔
Armenia

Viet Nam-Armenia Bilateral Trade Analysis 2023

Complete trade statistics: $815.20M total volume •Viet Nam surplus: $815.20M

Viet Nam → Armenia

$815.20M

Exports (2023)

Armenia → Viet Nam

$0

Imports (2023)

Trade Balance

$815.20M

Surplus for Viet Nam

Total Trade

$815.20M

Combined Volume

Trade Flow Visualization

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

Detailed Product Trade Analysis

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

Viet Nam → Armenia Exports

$815.20M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
57.1% top product
1Telephones for cellular networks or for other wireless networks
$465.56M
57.1% of exports
2Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen
$151.84M
18.6% of exports
3Automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display
$38.13M
4.7% of exports
4Monitors: other than cathode-ray tube: capable of directly connecting to and designed for use with an automatic data processing machine of heading 84.71
$32.68M
4.0% of exports
5Communication 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
$28.43M
3.5% of exports

🎯 Strategic Export Focus

Viet Nam's export portfolio to Armenia demonstrates strategic specialization, with telephones for cellular networks or for other wireless networks representing a key competitive advantage in this bilateral market.

Armenia → Viet Nam Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Cigarettes: containing tobacco
$545,300
Infinity% of imports
2Dairy produce: fresh cheese (including whey cheese), not fermented, and curd
$55,650
Infinity% of imports
3Chocolate and other food preparations containing cocoa: n.e.c. in chapter 18
$36,731
Infinity% of imports
4Waters: mineral and aerated, including natural or artificial, (not containing added sugar or other sweetening matter nor flavoured)
$3,564
Infinity% of imports
5Pens: fountain, stylograph and other pens
$1,022
Infinity% of imports

📦 Import Strategy Analysis

Viet Nam's import pattern from Armenia reveals significant dependencyin cigarettes: containing tobacco, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Viet Nam demonstrates competitive strength in exportingtelephones for cellular networks or for other wireless networks to Armenia, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

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

Specialized Exchange
📈

Growth Potential

The $815.20M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Viet Nam-Armenia Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $815.20 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Viet Nam maintains a surplus of $815.20 million
  • Export Focus: Viet Nam's primary exports include telephones for cellular networks or for other wireless networks, reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen, automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display
  • Import Dependencies: Key imports from Armenia include cigarettes: containing tobacco, dairy produce: fresh cheese (including whey cheese), not fermented, and curd, chocolate and other food preparations containing cocoa: n.e.c. in chapter 18

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional 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 $815.20M 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 Viet Nam leveraging its comparative advantages in telephones for cellular networks or for other wireless networks.

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

Viet Nam's specialization in telephones for cellular networks or for other wireless networkscomplements Armenia's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in cigarettes: containing tobacco.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $815.20M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $815.20M 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 $815.20 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in telephones for cellular networks or for other wireless networks and cigarettes: containing tobacco demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Viet Nam's trade surplus of $815.20 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen present expansion opportunities.
Market Diversification
Beyond current focus on cigarettes: containing tobacco, 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 telephones for cellular networks or for other wireless networks 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 Viet Nam and Armenia represents a total trade volume of $815.20 million in 2023. This partnership demonstrates a favorable trade balance for Viet Nam, with exports exceeding importsby $815.20 million.

Export Strengths

Viet Nam's exports to Armenia total $815.20 million, with competitive advantages in telephones for cellular networks or for other wireless networks, representing $465.56M or57.1% of bilateral exports.

Import Dependencies

Imports from Armenia amount to $0.00, highlighting economic interdependence in cigarettes: containing tobacco, with Cigarettes: containing tobacco comprisingInfinity% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Viet Nam's competitive position in this bilateral relationship. 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 Viet Nam and Armenia in multiple formats.

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