Vietnam / Australia

Vietnam-Australia Trade: In 2022, Vietnam exported $6.21B to Australia. The main products that Vietnam exported to Australia were Broadcasting Equipment ($1.07B), Crude Petroleum ($466M), and Video Displays ($334M). Over the past 5 years the exports of Vietnam to Australia have increased at an annualized rate of 10.5%, from $3.77B in 2017 to $6.21B in 2022.

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

Australia-Vietnam Trade: In 2022, Australia exported $10.5B to Vietnam. The main products that Australia exported to Vietnam were Coal Briquettes ($5.05B), Raw Cotton ($1.19B), and Wheat ($990M). Over the past 5 years the exports of Australia to Vietnam have increased at an annualized rate of 22.6%,  from $3.79B in 2017 to $10.5B in 2022.

In 2009, Australia exported services to Vietnam worth $605M, with Travel ($561M), Other business services ($31.7M), and Transportation ($3.96M) 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, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).