Viet Nam
↔
Germany

Viet Nam-Germany Bilateral Trade Analysis 2023

Complete trade statistics: $17.90B total volume •Viet Nam surplus: $10.33B

Viet Nam → Germany

$14.12B

Exports (2023)

Germany → Viet Nam

$3.79B

Imports (2023)

Trade Balance

$10.33B

Surplus for Viet Nam

Total Trade

$17.90B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Viet Nam and Germany. 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-Germany commercial relationship and competitive positioning in global markets.

Viet Nam → Germany Exports

$14.12B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
11.6% top product
1Telephones for cellular networks or for other wireless networks
$1.64B
11.6% of exports
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 exports
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 exports
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 exports
5Coffee: not roasted or decaffeinated
$452.61M
3.2% of exports
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 exports
7Footwear: (other than sportswear), with outer soles of rubber or plastics and uppers of textile materials
$441.36M
3.1% of exports
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 exports
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 exports
10Nuts, edible: cashew nuts, fresh or dried, shelled
$266.61M
1.9% of exports

🎯 Strategic Export Focus

Viet Nam's export portfolio to Germany demonstrates strong diversification across multiple sectors, with telephones for cellular networks or for other wireless networks representing a key competitive advantage in this bilateral market.

Germany → Viet Nam Imports

$3.79B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
12.9% concentration
1Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg
$487.01M
12.9% of imports
2Silicon: containing by weight not less than 99.99% of silicon
$396.49M
10.5% of imports
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 imports
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 imports
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 imports
6Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
$58.29M
1.5% of imports
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 imports
8Electric motors and generators: DC, of an output not exceeding 750W
$44.12M
1.2% of imports
9Vehicles: parts and accessories, of bodies, other than safety seat belts
$42.06M
1.1% of imports
10Offal, edible: of swine, (other than livers), frozen
$36.62M
1.0% of imports

📦 Import Strategy Analysis

Viet Nam's import pattern from Germany reveals significant dependencyin aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, 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 Germany, 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: Viet Nam-Germany Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $17.90 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Viet Nam maintains a surplus of $10.33 billion
  • Export Focus: Viet Nam's primary exports 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
  • Import Dependencies: Key imports from Germany 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

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 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 Germany's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg.

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

Supply Chain Integration: Diversified
⚖️

Trade Balance Effects

Viet Nam's trade surplus of $10.33 billion 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 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 present expansion opportunities.
Market Diversification
Beyond current focus on aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, 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 Germany represents a total trade volume of $17.90 billion in 2023. This partnership demonstrates a favorable trade balance for Viet Nam, with exports exceeding importsby $10.33 billion.

Export Strengths

Viet Nam's exports to Germany total $14.12 billion, with competitive advantages in telephones for cellular networks or for other wireless networks, representing $1.64B or11.6% of bilateral exports.

Import Dependencies

Imports from Germany amount to $3.79 billion, highlighting economic interdependence in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, with Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg comprising12.9% 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 Germany in multiple formats.

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