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Trade between France and Vietnam

In 2024, France exported $1.7 billion to Vietnam and imported $7.6 billion. France ran a deficit of $5.9 billion with Vietnam, compared with a deficit of $4.1 billion in 2019. Vietnam was France’s 29th largest trading partner (0.7% of its trade), and France was Vietnam’s 18th (1%).

Summary

France → Vietnam
$1.7billion
Vietnam → France
$7.6billion
France’s balance
-$5.9billion

Balance

France’s trade balance with Vietnam

Trade between France and Vietnam grew 14.9-fold since 1995

USD billions (current). France’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.7
  • Imports 7.6
  • Balance -5.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$310 million$313 million-$2 million
1996$748 million$375 million$373 million
1997$423 million$486 million-$63 million
1998$302 million$560 million-$258 million
1999$320 million$622 million-$302 million
2000$393 million$733 million-$340 million
2001$366 million$772 million-$405 million
2002$404 million$843 million-$439 million
2003$511 million$966 million-$455 million
2004$703 million$1.1 billion-$389 million
2005$508 million$1.2 billion-$707 million
2006$495 million$1.5 billion-$988 million
2007$1.2 billion$1.7 billion-$512 million
2008$891 million$1.9 billion-$984 million
2009$952 million$1.7 billion-$755 million
2010$1.1 billion$1.9 billion-$843 million
2011$1.2 billion$2.7 billion-$1.5 billion
2012$1.5 billion$3.5 billion-$1.9 billion
2013$1.1 billion$3.7 billion-$2.6 billion
2014$1.1 billion$4.1 billion-$2.9 billion
2015$1.8 billion$4.5 billion-$2.6 billion
2016$1.8 billion$4.9 billion-$3.1 billion
2017$2.1 billion$5.8 billion-$3.8 billion
2018$1.6 billion$6.3 billion-$4.7 billion
2019$2.1 billion$6.2 billion-$4.1 billion
2020$1.4 billion$4.1 billion-$2.7 billion
2021$1.7 billion$4.1 billion-$2.4 billion
2022$1.4 billion$4.5 billion-$3.1 billion
2023$1.6 billion$6.9 billion-$5.3 billion
2024$1.7 billion$7.6 billion-$5.9 billion

What they sell each other

What France sells to Vietnam

The top 10 headings in 2024, with their share of the total.

  1. Medicines in measured doses or retail packs$269 million · 16.3%
    4 thousand tonnes · France’s destinations
  2. Airplanes and helicopters$211 million · 12.8%
    122 tonnes · France’s destinations
  3. Vaccines, blood and antisera$116 million · 7%
    252 tonnes · France’s destinations
  4. Makeup and skin care$48 million · 2.9%
    2 thousand tonnes · France’s destinations
  5. Jewelry$48 million · 2.9%
    2 tonnes · France’s destinations
  6. Waste paper$32 million · 2%
    214 thousand tonnes
  7. Microchips$32 million · 2%
    22 tonnes · France’s destinations
  8. Bags, suitcases and cases$27 million · 1.6%
    51 tonnes
  9. Logs$25 million · 1.5%
    82 thousand tonnes
  10. Pet and animal feed$24 million · 1.4%
    7 thousand tonnes

What Vietnam sells to France

The top 10 headings in 2024, with their share of the total.

  1. Cameras and broadcast equipment$881 million · 11.6%
    2 thousand tonnes
  2. Textile footwear$815 million · 10.7%
    21 thousand tonnes
  3. Leather footwear$616 million · 8.1%
    13 thousand tonnes
  4. Rubber and plastic footwear$336 million · 4.4%
    10 thousand tonnes
  5. Computers$244 million · 3.2%
    461 tonnes · Vietnam’s destinations
  6. Computer and office machine parts$240 million · 3.2%
    11 thousand tonnes
  7. Bags, suitcases and cases$195 million · 2.6%
    16 thousand tonnes
  8. T-shirts$147 million · 1.9%
    5 thousand tonnes
  9. Sweaters and pullovers$120 million · 1.6%
    5 thousand tonnes
  10. Furniture$115 million · 1.5%
    26 thousand tonnes · Vietnam’s destinations

How it travels

Estimated sea route from Le Havre to Phu My.

The estimated sea route between Le Havre and Phu My is 12,435 nautical miles (23,029 km) long: ≈ 29–37 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Cape of Good Hope and the Strait of Malacca and Singapore (12,435 nautical miles); and 15% via the Strait of Gibraltar, the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Malacca and Singapore (8,984 nautical miles).

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

  1. Sea$5.4 billion · 58.4%
  2. Air$3.9 billion · 41.6%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Vietnam was France’s 29th largest trading partner (0.7% of its trade), and France was Vietnam’s 18th (1%).

Vietnam in France’s trade
0.7%
Vietnam’s rank among France’s partners
29th
France in Vietnam’s trade
1.1%
France’s rank among Vietnam’s partners
18th

Compare with

Other partners of France

Other partners of Vietnam

Sources and methodology

Sources and licenses

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.