Viet Nam
↔
Netherlands

Netherlands

View Profile →

Viet Nam-Netherlands Bilateral Trade Analysis 2023

Complete trade statistics: $9.57B total volume •Viet Nam surplus: $6.91B

Viet Nam → Netherlands

$8.24B

Exports (2023)

Netherlands → Viet Nam

$1.33B

Imports (2023)

Trade Balance

$6.91B

Surplus for Viet Nam

Total Trade

$9.57B

Combined Volume

Trade Flow Visualization

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

Viet Nam → Netherlands Exports

$8.24B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
9.0% top product
1Telephones for cellular networks or for other wireless networks
$740.91M
9.0% of exports
2Communication 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
$584.83M
7.1% of exports
3Monitors: other than cathode-ray tube: capable of directly connecting to and designed for use with an automatic data processing machine of heading 84.71
$514.78M
6.2% of exports
4Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts
$406.68M
4.9% of exports
5Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
$401.00M
4.9% of exports
6Printing, copying, and facsimile machines: machines which perform two or more of the functions of printing, copying or facsimile transmission, capable of connecting to an automatic data processing machine or to a network
$382.26M
4.6% of exports
7Signalling apparatus: electric, sound or visual, apparatus n.e.c. in heading no. 8531, excluding those of heading no. 8512 or 8530
$317.58M
3.9% of exports
8Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg
$312.61M
3.8% of exports
9Nuts, edible: cashew nuts, fresh or dried, shelled
$209.33M
2.5% of exports
10Footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather
$194.06M
2.4% of exports

🎯 Strategic Export Focus

Viet Nam's export portfolio to Netherlands 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.

Netherlands → Viet Nam Imports

$1.33B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
23.5% concentration
1Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg
$312.61M
23.5% of imports
2Turbo-jets: of a thrust exceeding 25kN
$88.71M
6.7% of imports
3Plants, live: bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormant
$50.40M
3.8% of imports
4Vehicle parts: gear boxes and parts thereof
$36.70M
2.8% of imports
5Air conditioning machines: with motor driven fan and elements for temperature control, parts thereof
$30.29M
2.3% of imports
6Dog or cat food: (not put up for retail sale), used in animal feeding
$28.74M
2.2% of imports
7Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$23.44M
1.8% of imports
8Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts
$23.34M
1.8% of imports
9Electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502
$21.32M
1.6% of imports
10Offal, edible: of swine, (other than livers), frozen
$18.61M
1.4% of imports

📦 Import Strategy Analysis

Viet Nam's import pattern from Netherlands 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 Netherlands, 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 $9.57B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Viet Nam-Netherlands Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $9.57 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Viet Nam maintains a surplus of $6.91 billion
  • Export Focus: Viet Nam's primary exports include telephones for cellular networks or for other wireless networks, communication 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, monitors: other than cathode-ray tube: capable of directly connecting to and designed for use with an automatic data processing machine of heading 84.71
  • Import Dependencies: Key imports from Netherlands include aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, turbo-jets: of a thrust exceeding 25kn, plants, live: bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormant

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
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 $9.57B 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 Netherlands'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 $9.57B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyHigh
🔮

Trade Relationship Outlook

The $9.57B 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 $9.57 billion 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 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 $6.91 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 communication 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 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 Netherlands represents a total trade volume of $9.57 billion in 2023. This partnership demonstrates a favorable trade balance for Viet Nam, with exports exceeding importsby $6.91 billion.

Export Strengths

Viet Nam's exports to Netherlands total $8.24 billion, with competitive advantages in telephones for cellular networks or for other wireless networks, representing $740.91M or9.0% of bilateral exports.

Import Dependencies

Imports from Netherlands amount to $1.33 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 comprising23.5% 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 Netherlands in multiple formats.

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