Vietnam (VNM) and Israel (ISR) Trade | The Observatory of Economic Complexity

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Vietnam-Israel In 2022, Vietnam exported $571M to Israel. The main products that Vietnam exported to Israel are Broadcasting Equipment ($173M), Coconuts, Brazil Nuts, and Cashews ($50.2M), and Textile Footwear ($39.1M). During the last 27 years the exports of Vietnam to Israel have increased at an annualized rate of 26.5%, from $997k in 1995 to $571M in 2022.

In 2022, Vietnam did not export any services to Israel.

Israel-Vietnam In 2022, Israel exported $748M to Vietnam. The main products that Israel exported to Vietnam were Integrated Circuits ($472M), Potassic Fertilizers ($75.4M), and Mixed Mineral or Chemical Fertilizers ($45.4M). During the last 27 years the exports of Israel to Vietnam have increased at an annualized rate of 20.4%, from $4.99M in 1995 to $748M in 2022.

In 2012, Israel exported services to Vietnam worth $14.1M, with Computer and information services ($14.1M) being the largest in terms of value.

Comparison In 2022, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Vietnam exported $571M to Israel. The main products exported from Vietnam to Israel were Broadcasting Equipment ($173M), Coconuts, Brazil Nuts, and Cashews ($50.2M), and Textile Footwear ($39.1M). During the last 27 years the exports of Vietnam to Israel have increased at an annualized rate of 26.5%, from $997k in 1995 to $571M in 2022.

In 2022, Israel exported $748M to Vietnam. The main products exported from Israel to Vietnam were Integrated Circuits ($472M), Potassic Fertilizers ($75.4M), and Mixed Mineral or Chemical Fertilizers ($45.4M). During the last 27 years the exports of Israel to Vietnam have increased at an annualized rate of 20.4%, from $4.99M in 1995 to $748M in 2022.

Exports from Vietnam () to Israel () (2022)

Exports from Israel () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Israel ()

Israel Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$117B

Israel
Top DestinationUnited States$20.3B

This map shows whether countries import more from Vietnam or Israel. Each country is colored based on the difference in imports they receive from Vietnam and Israel or the difference in the growth in imports.

In 2021, countries that imported more from Vietnam than Israel were United States ($117B), China ($58.7B), and Japan ($25B).

In 2021, countries that imported more from Israel than Vietnam were Palestine ($4.6B), Ireland ($3.86B), and Cyprus ($827M).

Difference in imports from Israel () and Vietnam () (2022)

Comparative Advantage Vietnam - Israel

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Vietnam and Israel by product, considering products traded by both, Vietnam and Israel.

During 2022, Vietnam had a large net trade with Israel in the exports of Machines ($243M), Footwear and Headwear ($75.5M), and Vegetable Products ($73.2M).

During 2022, Israel had a large net trade with Vietnam in the exports of Machines ($515M), Chemical Products ($136M), and Precious Metals ($30.2M).

Service Trade

Bilateral Service Trade

Isr Year

2012

2011

2007

In 2012, Israel exported services to Vietnam worth $14.1M, with Computer and information services ($14.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Israel () to Vietnam () (2012)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Vietnam has comparative advantage over Israel. Similarly, the more yellow a dot/product is, the more Israel has comparative advantage over Vietnam.

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Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Israel () (2022)

Exports from Israel () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Israel ()

Israel Exports

Market Competitiveness

Difference in imports from Israel () and Vietnam () (2022)

Comparative Advantage Vietnam - Israel

Service Trade

Bilateral Service Trade

Services Exports from Israel () to Vietnam () (2012)

Economic Complexity

Competitive Landscape

Product Space of Vietnam () and Israel () (2022)

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