Applied tariffs
Simple average MFN applied
2023
9.4 %
Trade-weighted MFN average
2023
4.9 %
Share of MFN duty-free
2023
36.4 %
Bound tariffs
Simple average bound
*
11.7 %
Binding coverage
100.0 %
Share of bound duty-free
13.9 %
Imports
Total imports: 325,443.7 million USD in 2023
Imports by partner
China
34.0 %
110,654.6
million USD
Korea, Republic of
16.1 %
52,385.7
million USD
Japan
6.6 %
21,612.6
million USD
Chinese Taipei
5.7 %
18,419.5
million USD
European Union
4.6 %
14,946.4
million USD
United States of America
4.2 %
13,826.8
million USD
Thailand
3.6 %
11,792.4
million USD
Indonesia
2.7 %
8,731.3
million USD
Australia
2.6 %
8,558.6
million USD
Malaysia
2.4 %
7,806.3
million USD
Rest of the World
17.4 %
56,709.5
million USD
Imports by products HS 2022
854239
Electronic integrated circuits (excl. such as processors, controllers, memories and amplifiers)
7.9 %
25,793.5
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
5.5 %
17,797.7
million USD
852412
Flat panel display modules, whether or not incorporating touch-sensitive screens, without drivers or control circuits, of organic light-emitting diodes "OLED"
3.6 %
11,578.8
million USD
999999
Unspecified products
2.2 %
7,312.0
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
2.2 %
7,267.3
million USD
270900
Petroleum oils and oils obtained from bituminous minerals, crude
2.0 %
6,547.4
million USD
851779
Parts of telephone sets, telephones for cellular networks or for other wireless networks and of other apparatus for the transmission or reception of voice, images or other data, n.e.s.
1.6 %
5,208.0
million USD
853400
Printed circuits
1.5 %
4,827.2
million USD
270112
Bituminous coal, whether or not pulverised, non-agglomerated
1.5 %
4,825.5
million USD
850760
Lithium-ion accumulators (excl. spent)
1.0 %
3,288.4
million USD
Rest of the products
71.0 %
230,997.9
million USD
Exports
Total exports: 353,077.5 million USD in 2023
Exports by destination
United States of America
27.5 %
97,071.5
million USD
China
17.2 %
60,574.3
million USD
European Union
12.3 %
43,565.4
million USD
Korea, Republic of
6.6 %
23,447.8
million USD
Japan
6.6 %
23,313.7
million USD
Hong Kong, China
2.7 %
9,600.0
million USD
India
2.4 %
8,497.3
million USD
Thailand
2.0 %
6,931.0
million USD
United Kingdom
1.8 %
6,341.1
million USD
Other Countries, n.e.s.
1.6 %
5,767.1
million USD
Rest of the World
19.3 %
67,968.3
million USD
Exports by products HS 2022
851713
Smartphones for wireless networks
7.5 %
26,460.3
million USD
852492
Flat panel display modules, whether or not incorporating touch-sensitive screens, with drivers or control circuits, of organic light-emitting diodes "OLED"
5.3 %
18,612.6
million USD
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 %
16,305.6
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
3.0 %
10,634.2
million USD
847330
Parts and accessories of automatic data-processing machines or for other machines of heading 8471, n.e.s.
2.5 %
8,780.9
million USD
854143
Photovoltaic cells assembled in modules or made up into panels
2.2 %
7,888.9
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)
2.0 %
7,110.1
million USD
851779
Parts of telephone sets, telephones for cellular networks or for other wireless networks and of other apparatus for the transmission or reception of voice, images or other data, n.e.s.
2.0 %
6,959.7
million USD
852589
Television cameras, digital cameras and video camera recorders (excl. high-speed, radiation-hardened or radiation-tolerant, and night vision goods)
1.8 %
6,380.9
million USD
999999
Unspecified products
1.7 %
5,983.8
million USD
Rest of the products
67.4 %
237,960.4
million USD
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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