2022
Exports
$222MWorld Rnk 11 / 204
Flag Rnk 65 / 96
2022
PRODUCT COMPLEXITY IN Special woven fabrics and tapestries
0.3Rnk 447 / 1025
2022
Imports
$988MWorld Rnk 2 / 222
Flag Rnk 55 / 96
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $222M in Special woven fabrics and tapestries, making it the 11th largest exporter of Special woven fabrics and tapestries in the world. At the same year, Special woven fabrics and tapestries was the 65th most exported product in Vietnam. The main destination of Special woven fabrics and tapestries exports from Vietnam are: United States ($46.8M), Cambodia ($40.9M), Indonesia ($27.7M), Japan ($15.3M), and Thailand ($12.7M).

The fastest growing export markets for Special woven fabrics and tapestries of Vietnam between 2021 and 2022 were United States ($16.1M), Indonesia ($5.97M), and South Korea ($3.87M).

Imports In 2022, Vietnam imported $988M in Special woven fabrics and tapestries, becoming the 2nd largest importer of Special woven fabrics and tapestries in the world. At the same year, Special woven fabrics and tapestries was the 55th most imported product in Vietnam. Vietnam imports Special woven fabrics and tapestries primarily from: China ($632M), Chinese Taipei ($141M), South Korea ($62.2M), Japan ($45M), and Hong Kong ($40.2M).

The fastest growing import markets in Special woven fabrics and tapestries for Vietnam between 2021 and 2022 were Germany ($5.91M), Chinese Taipei ($4.93M), and United States ($2.37M).

COMPANIES In 2023, leading companies such as Michael Kors (10), Gap (6), and Old Navy (3) were at the forefront of shipping Special woven fabrics and tapestries from Vietnam to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Special woven fabrics and tapestries. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$222M
IMPORTS (2022)$988M
NET TRADE (2022)-$766M

In 2022, Vietnam exported $222M in Special woven fabrics and tapestries. The main destinations of Vietnam exports on Special woven fabrics and tapestries were United States ($46.8M), Cambodia ($40.9M), Indonesia ($27.7M), Japan ($15.3M), and Thailand ($12.7M).

In 2022, Vietnam imported $988M in Special woven fabrics and tapestries, mainly from China ($632M), Chinese Taipei ($141M), South Korea ($62.2M), Japan ($45M), and Hong Kong ($40.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special woven fabrics and tapestries EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$16.1M (52.7%)
Indonesia$5.97M (27.5%)
South Korea$3.87M (166%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special woven fabrics and tapestries BY Vietnam WERE (2021 - 2022):
China-$5.85M (-59.8%)
Japan-$5.55M (-26.7%)
Hong Kong-$2.55M (-47.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Special woven fabrics and tapestries were:
In 2022, Vietnam's main importing competitors in Special woven fabrics and tapestries were:

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Trade Value of Special woven fabrics and tapestries by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $6.96M
N/AN/AN/A

Special woven fabrics and tapestries’s highest export potential is China. With an export gap of $6.96M.   Special woven fabrics and tapestries’s highest import potential is N/A with an import gap of N/A.

See methodology.

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