Summary
- Share of its imports
- 42.1%
- Value imported
- $158.8billion
- Rank among its suppliers
- 1st
- Products where it sells over 50%
- 549
- Products where it sells over 75%
- 277
- Dominated value
- $101.4billion
- Share of total imports
- 26.9%
Trend
Trend in shares
China went from 8.9% to 42.1% of what Vietnam buys
Share (%)
- China 42.1%
Source: CEPII BACI
Show the numbers
| Year | Value (USD millions) | Share | Rank |
|---|---|---|---|
| 1995 | 718 | 8.9% | 4 |
| 1996 | 842 | 8.3% | 4 |
| 1997 | 1,080 | 9.8% | 5 |
| 1998 | 1,028 | 10% | 5 |
| 1999 | 964 | 9% | 5 |
| 2000 | 1,731 | 9.4% | 5 |
| 2001 | 1,868 | 10.4% | 5 |
| 2002 | 2,426 | 10.9% | 5 |
| 2003 | 3,379 | 12.1% | 1 |
| 2004 | 4,608 | 13.3% | 1 |
| 2005 | 5,977 | 15% | 1 |
| 2006 | 7,833 | 15.9% | 1 |
| 2007 | 12,768 | 18.9% | 1 |
| 2008 | 15,501 | 18.2% | 1 |
| 2009 | 16,724 | 22.1% | 1 |
| 2010 | 20,955 | 22.5% | 1 |
| 2011 | 24,988 | 21.7% | 1 |
| 2012 | 31,349 | 25.6% | 1 |
| 2013 | 37,257 | 26.5% | 1 |
| 2014 | 45,041 | 28.6% | 1 |
| 2015 | 48,806 | 27.9% | 1 |
| 2016 | 49,423 | 26.4% | 1 |
| 2017 | 61,037 | 26.9% | 1 |
| 2018 | 67,232 | 27.3% | 1 |
| 2019 | 79,423 | 30.4% | 1 |
| 2020 | 88,628 | 33.8% | 1 |
| 2021 | 109,573 | 33.6% | 1 |
| 2022 | 118,935 | 33.7% | 1 |
| 2023 | 112,201 | 34.9% | 1 |
| 2024 | 158,769 | 42.1% | 1 |
Products where China sells more than half
| Product | Supplier | Share | Second | Value |
|---|---|---|---|---|
| Phones and telecom equipment | China | 78.4%over 75% | South Korea · 13.1% | $6.9 billion |
| Hot-rolled flat steel | China | 73.5% | Japan · 11% | $4.7 billion |
| Other knitted fabric | China | 67.5% | Taiwan · 11.8% | $4.2 billion |
| Batteries | China | 83.1%over 75% | South Korea · 8.5% | $4.1 billion |
| Computer and office machine parts | China | 57.4% | Hong Kong · 13.1% | $3.3 billion |
| Synthetic filament fabric | China | 70.1% | Taiwan · 10.5% | $2.8 billion |
| Transformers and power supplies | China | 62% | Hong Kong · 13.5% | $2.1 billion |
| Cables and wire | China | 62% | South Korea · 14.1% | $2.1 billion |
| Other industrial machines | China | 54.8% | South Korea · 22.8% | $2 billion |
| Microphones and speakers | China | 78.7%over 75% | Hong Kong · 6.3% | $1.5 billion |
| Footwear parts | China | 79.2%over 75% | United States · 11.5% | $1.3 billion |
| Lamps and light fittings | China | 96.9%over 75% | South Korea · 0.58% | $1.3 billion |
| Other plastic articles | China | 54.7% | South Korea · 11% | $1.3 billion |
| Plastic sheets and film | China | 61.9% | South Korea · 17.2% | $1.2 billion |
| Plastic-coated fabric | China | 57.9% | South Korea · 15.4% | $1.1 billion |
| Synthetic filament yarn | China | 71.3% | Taiwan · 13.6% | $890 million |
| Knitted plush and terry fabric | China | 88.7%over 75% | South Korea · 5.6% | $884 million |
| Plastic and rubber processing machines | China | 71.6% | Taiwan · 6.8% | $877 million |
| Computers | China | 55.3% | Malaysia · 13.3% | $824 million |
| Metal hardware and fittings | China | 87.9%over 75% | South Korea · 2.9% | $820 million |
| Other iron or steel articles | China | 64.1% | South Korea · 17.1% | $807 million |
| Aluminum sheet | China | 69.9% | South Korea · 16.3% | $803 million |
| Air pumps, compressors and fans | China | 67.7% | South Korea · 7.2% | $800 million |
| Electric heaters and hair dryers | China | 81%over 75% | South Korea · 5.8% | $763 million |
| Toys | China | 96.8%over 75% | Thailand · 0.78% | $758 million |
| Electric motors and generators | China | 69.1% | Germany · 5.6% | $740 million |
| Seats and chairs | China | 80.4%over 75% | South Korea · 4.7% | $708 million |
| Elevators, escalators and conveyors | China | 75.3%over 75% | South Korea · 6.6% | $664 million |
| Self-adhesive plastic sheets | China | 52.2% | South Korea · 28.9% | $662 million |
| Women's suits and dresses | China | 88.6%over 75% | Italy · 5.9% | $654 million |
and 519 more
A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.
Are there other suppliers in the world?
- China sells 56.2% of what the world exports of phones and telecom equipment; next come South Korea (5.6%), Taiwan (3.4%) and United States (2.6%). The rest of the world exported 3.1 times what Vietnam buys from China.
- China sells 28.1% of what the world exports of hot-rolled flat steel; next come Japan (13.9%), South Korea (9%) and Germany (4.5%). The rest of the world exported 9.9 times what Vietnam buys from China.
- China sells 50.6% of what the world exports of other knitted fabric; next come Taiwan (6.3%), Turkey (5.8%) and South Korea (5.5%). The rest of the world exported 3.2 times what Vietnam buys from China.
- China sells 50.8% of what the world exports of batteries; next come South Korea (6.1%), United States (5.4%) and Poland (5.4%). The rest of the world exported 17.7 times what Vietnam buys from China.
- China sells 30.3% of what the world exports of computer and office machine parts; next come Taiwan (15%), South Korea (7.3%) and Thailand (7.3%). The rest of the world exported 57.2 times what Vietnam buys from China.
- China sells 61.9% of what the world exports of synthetic filament fabric; next come Taiwan (4.8%), South Korea (4.5%) and India (3.3%). The rest of the world exported 3.6 times what Vietnam buys from China.
- China sells 34.6% of what the world exports of transformers and power supplies; next come Germany (7%), Mexico (4.5%) and Japan (3.9%). The rest of the world exported 45.6 times what Vietnam buys from China.
- China sells 20.3% of what the world exports of cables and wire; next come Mexico (11.1%), United States (6%) and Germany (5.3%). The rest of the world exported 61 times what Vietnam buys from China.
- China sells 11.6% of what the world exports of other industrial machines; next come Japan (16.2%), United States (12%) and Netherlands (10.6%). The rest of the world exported 102 times what Vietnam buys from China.
- China sells 45.9% of what the world exports of microphones and speakers; next come Mexico (4.5%), Germany (3.8%) and United States (3.2%). The rest of the world exported 13.6 times what Vietnam buys from China.
Exports from the rest of the world already have buyers; the figure shows scale, not availability.
Seen from China
Vietnam is China’s 5th-largest customer, with 4.4% of its exports.
Links
- Trade between Vietnam and China
- Who does Vietnam rely on?
- Who does China rely on?
- Dependence of Vietnam on Argentina
- Dependence of Vietnam on Cambodia
- Dependence of Vietnam on Indonesia
- Dependence of Vietnam on Hong Kong
- Dependence of Vietnam on Australia
- Dependence of Vietnam on India
- Dependence of Vietnam on the United States
- Dependence of Vietnam on Japan
- Dependence of Vietnam on South Korea
- Dependence of Vietnam on Thailand
- Dependence of Vietnam on Singapore
- Dependence of Vietnam on Germany
- Trade profile of Vietnam
- Trade profile of China
- All countries
Sources and method
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
Methodology
The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.
Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.
The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.
Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.
The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.
Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.