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How dependent is Vietnam on the United States?

In 2024, the United States sold $12.6 billion to Vietnam, 3.3% of its imports, ranking 7th among its suppliers. Its share was 5.3% in 2019 and 3% in 1995. In 15 products it sells more than 50% of what Vietnam buys of them (in 6, more than 75%); what Vietnam buys from the United States in those products (dominated value) adds up to $1.1 billion, 0.3% of its imports.

Summary

Share of its imports
3.3%
Value imported
$12.6billion
Rank among its suppliers
7th
Products where it sells over 50%
15
Products where it sells over 75%
6
Dominated value
$1.1billion
Share of total imports
0.3%

Trend

The United States went from 3% to 3.3% of what Vietnam buys

Trend in shares

The United States went from 3% to 3.3% of what Vietnam buys

Share (%)

  • United States 3.3%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19952443%10
19966106%6
19972722.5%12
19982692.6%12
19992832.7%11
20004882.7%9
20015423%9
20026522.9%9
20031,3224.7%7
20041,2533.6%8
20059572.4%9
20061,1942.4%11
20071,8802.8%9
20082,9743.5%8
20093,2194.3%7
20104,1044.4%7
20114,6914.1%7
20125,1834.2%7
20135,5764%7
20146,3994.1%7
20157,8094.5%6
20168,9914.8%6
20179,7134.3%6
201812,3625%6
201913,9345.3%5
202013,0055%5
202114,5624.5%5
202213,8843.9%6
202312,9914%5
202412,5723.3%7

Products where the United States sells more than half

15 products, 0.3% of what it buys
ProductSupplierShareSecondValue
Other nuts (almonds, walnuts)United States60.8%Australia · 8.9%$390 million
Starch, sugar and brewing residuesUnited States68.8%China · 14.6%$287 million
Oilseed floursUnited States99.9%over 75%India · 0.04%$193 million
Artificial filament tow (acetate)United States71.5%Singapore · 18.4%$71 million
ChocolateUnited States50.3%China · 10.7%$61 million
Open-chain hydrocarbonsUnited States58.9%South Korea · 12.2%$51 million
Other nickel articlesUnited States76%over 75%South Korea · 9.4%$25 million
Ethyl alcohol (ethanol)United States70.3%Singapore · 17.7%$16 million
Gallium, germanium, chromium and other metalsUnited States82.7%over 75%China · 8.4%$11 million
Iron and nonalloy steel ingotsUnited States97.5%over 75%Canada · 0.98%$10 million
Bones and horn-cores, unworkedUnited States91.8%over 75%Nigeria · 5.2%$6 million
Pickled vegetables and fruitUnited States56.1%China · 35.1%$6 million
BoratesUnited States79.1%over 75%Malaysia · 6%$5 million
Ferro-cerium, pyrophoric alloys and combustible articlesUnited States73.9%China · 14.6%$1 million
Rabbit, game and other meatUnited States54.2%Egypt · 16.7%$616 thousand

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?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from the United States

The United States’ 30th customer, 0.68% of its sales

Vietnam is the United States’ 30th-largest customer, with 0.68% of its exports.

Sources and method

CEPII BACI and 1 more

Sources and licenses

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.