Summary
- Australia → Vietnam
- $6.9billion
- Vietnam → Australia
- $7.9billion
- Australia’s balance
- -$998million
Balance
Australia’s trade balance with Vietnam
Trade between Australia and Vietnam grew 45.7-fold since 1995
USD billions (current). Australia’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 6.9
- Imports 7.9
- Balance -1
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $110 million | $213 million | -$103 million |
| 1996 | $139 million | $308 million | -$169 million |
| 1997 | $132 million | $434 million | -$302 million |
| 1998 | $184 million | $478 million | -$294 million |
| 1999 | $159 million | $859 million | -$700 million |
| 2000 | $348 million | $1.2 billion | -$857 million |
| 2001 | $306 million | $1.2 billion | -$882 million |
| 2002 | $341 million | $1.2 billion | -$863 million |
| 2003 | $301 million | $1.6 billion | -$1.3 billion |
| 2004 | $495 million | $1.8 billion | -$1.3 billion |
| 2005 | $650 million | $2.5 billion | -$1.9 billion |
| 2006 | $1.2 billion | $3.7 billion | -$2.5 billion |
| 2007 | $1.2 billion | $3.8 billion | -$2.5 billion |
| 2008 | $1.6 billion | $4.3 billion | -$2.7 billion |
| 2009 | $1.1 billion | $2.4 billion | -$1.3 billion |
| 2010 | $1.6 billion | $3 billion | -$1.5 billion |
| 2011 | $2.6 billion | $2.9 billion | -$370 million |
| 2012 | $2 billion | $3.1 billion | -$1.1 billion |
| 2013 | $2 billion | $3.6 billion | -$1.5 billion |
| 2014 | $2.8 billion | $4.3 billion | -$1.5 billion |
| 2015 | $2.7 billion | $3.3 billion | -$632 million |
| 2016 | $3 billion | $3.3 billion | -$281 million |
| 2017 | $3.7 billion | $4.1 billion | -$396 million |
| 2018 | $3.9 billion | $4.6 billion | -$683 million |
| 2019 | $4.4 billion | $4.3 billion | $77 million |
| 2020 | $4.6 billion | $4.4 billion | $167 million |
| 2021 | $7.7 billion | $5.4 billion | $2.4 billion |
| 2022 | $9.8 billion | $6.8 billion | $3 billion |
| 2023 | $8 billion | $6.5 billion | $1.4 billion |
| 2024 | $6.9 billion | $7.9 billion | -$998 million |
What they sell each other
What Australia sells to Vietnam
The top 10 headings in 2024, with their share of the total.
What Vietnam sells to Australia
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Sydney and Phu My is 4,362 nautical miles (8,079 km) long: ≈ 10–13 days at sea (at 18 and 14 knots).
It does not cross any major canal or strait.
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Vietnam was Australia’s 12th largest trading partner (2% of its trade), and Australia was Vietnam’s 13th (2%).
- Vietnam in Australia’s trade
- 2.3%
- Vietnam’s rank among Australia’s partners
- 12th
- Australia in Vietnam’s trade
- 1.7%
- Australia’s rank among Vietnam’s partners
- 13th
Compare with
Other partners of Australia
Other partners of Vietnam
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.