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WTO Tariff & Trade Data

Viet Nam

All products

Applied tariffs

Simple average MFN applied 2023
9.4 %
Trade-weighted MFN average 2022
5.1 %
Share of MFN duty-free 2023
36.4 %
Best preference trade-weighted average 2022
1.1 %

Source of data: WTO IDB, UN Comtrade, WTO RTA, World Tariff Profiles

* Ad valorem equivalents (AVEs) used

Bound tariffs

Simple average bound
* 11.7 %
Binding coverage
100.0 %
Share of bound duty-free
13.9 %

Source of data: CTS

* Ad valorem equivalents (AVEs) used

Imports

Total imports: 358,788.3 million USD in 2022

Imports by partner

China
32.8 % 117,651.1 million USD
Korea, Republic of
17.3 % 62,050.9 million USD
Japan
6.5 % 23,312.0 million USD
Chinese Taipei
6.3 % 22,615.0 million USD
European Union
4.3 % 15,368.6 million USD
United States of America
4.0 % 14,477.1 million USD
Thailand
3.9 % 14,080.6 million USD
Australia
2.8 % 10,113.0 million USD
Indonesia
2.7 % 9,618.7 million USD
Malaysia
2.5 % 9,090.7 million USD
Rest of the World
16.8 % 60,410.7 million USD

Source of data: UN Comtrade

Imports by products HS 2017

854239 Electronic integrated circuits (excl. such as processors, controllers, memories and amplifiers)
7.8 % 28,106.9 million USD
854231 Electronic integrated circuits as processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
5.4 % 19,200.8 million USD
271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
2.1 % 7,683.4 million USD
270900 Petroleum oils and oils obtained from bituminous minerals, crude
2.0 % 7,254.0 million USD
999999 Unspecified products
1.8 % 6,377.3 million USD
853400 Printed circuits
1.6 % 5,760.5 million USD
852990 Parts suitable for use solely or principally with flat panel display modules, transmission and reception apparatus for radio-broadcasting or television, television cameras,digital cameras, video camera recorders, radar apparatus, radio navigational aid apparatus or radio remote control apparatus, monitors and projectors, n.e.s. (excl. for aerials and aerial reflectors of all kinds)
1.5 % 5,327.4 million USD
854232 Electronic integrated circuits as memories
1.2 % 4,464.6 million USD
270112 Bituminous coal, whether or not pulverised, non-agglomerated
1.1 % 4,003.0 million USD
850760 Lithium-ion accumulators (excl. spent)
1.1 % 3,870.9 million USD
Rest of the products
74.3 % 266,739.4 million USD

Source of data: UN Comtrade

Exports

Total exports: 370,909.2 million USD in 2022

Exports by destination

United States of America
29.5 % 109,459.6 million USD
China
15.6 % 57,677.8 million USD
European Union
12.6 % 46,701.2 million USD
Korea, Republic of
6.5 % 24,264.6 million USD
Japan
6.5 % 24,228.4 million USD
Hong Kong, China
2.9 % 10,936.0 million USD
India
2.1 % 7,960.9 million USD
Thailand
2.0 % 7,349.7 million USD
Canada
1.7 % 6,327.6 million USD
United Kingdom
1.6 % 6,063.1 million USD
Rest of the World
18.9 % 69,940.5 million USD

Source of data: UN Comtrade

Exports by products HS 2017

851762 Machines for the reception, conversion and transmission or regeneration of voice, images or other data, incl. switching and routing apparatus (excl. telephone sets, telephones for cellular networks or for other wireless networks)
4.6 % 17,113.3 million USD
854231 Electronic integrated circuits as processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
3.1 % 11,659.6 million USD
847330 Parts and accessories of automatic data-processing machines or for other machines of heading 8471, n.e.s.
2.7 % 10,049.0 million USD
640411 Sports footwear, incl. tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials
1.8 % 6,640.0 million USD
999999 Unspecified products
1.5 % 5,710.5 million USD
640419 Footwear with outer soles of rubber or plastics and uppers of textile materials (excl. sports footwear, incl. tennis shoes, basketball shoes, gym shoes, training shoes and the like, and toy footwear)
1.5 % 5,403.1 million USD
640399 Footwear with outer soles of rubber, plastics or composition leather, with uppers of leather (excl. covering the ankle, incorporating a protective metal toecap, sports footwear, orthopaedic footwear and toy footwear)
1.3 % 4,745.4 million USD
847130 Data-processing machines, automatic, portable, weighing <= 10 kg, consisting of at least a central processing unit, a keyboard and a display (excl. peripheral units)
1.0 % 3,866.2 million USD
852990 Parts suitable for use solely or principally with flat panel display modules, transmission and reception apparatus for radio-broadcasting or television, television cameras,digital cameras, video camera recorders, radar apparatus, radio navigational aid apparatus or radio remote control apparatus, monitors and projectors, n.e.s. (excl. for aerials and aerial reflectors of all kinds)
1.0 % 3,603.5 million USD
854430 Ignition wiring sets and other wiring sets for vehicles, aircraft or ships
0.8 % 3,055.6 million USD
Rest of the products
80.6 % 299,062.9 million USD

Source of data: UN Comtrade

Preferential regimes provided by Viet Nam

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Viet Nam as a beneficiary based on other economies reported preferential regimes

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