Vietnam – Middle East bilateral trade

The scale of bilateral trade between Vietnam and the Middle East remains relatively modest, but has shown a notable upward trend over the past three years. Among key partners, the United Arab Emirates (UAE) is considered one of Vietnam’s promising export markets, while Kuwait serves as an important crude oil supplier for domestic refineries.

As such, beyond broader impacts such as rising global oil prices exerting inflationary pressure and risks of disruptions to maritime routes through the Middle East, developments in the region may also have direct implications for Vietnam. Specifically, potential disruptions could:

• Affect crude oil supply for domestic refineries

• Undermine Vietnam’s efforts to diversify export markets, as the Middle East has been identified as a key potential destination for food products, agricultural goods, and Halal-certified exports

Overall, geopolitical instability in the Middle East introduces both macroeconomic risks and sector-specific challenges for Vietnam’s trade and energy landscape.

👉👉Source: Vietnam macro & industry report - March 2026

[VI] VIETNAM MACRO AND INDUSTRY REPORT - Mar 2026

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