2022
Exports
$6.72MWorld Rnk 24 / 148
Flag Rnk 708 / 1176
2022
PRODUCT COMPLEXITY IN Woven Fabrics
0.3Rnk 447 / 1025
2022
Imports
$162MWorld Rnk 2 / 192
Flag Rnk 319 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $6.72M in Woven Fabrics, making it the 24th largest exporter of Woven Fabrics in the world. At the same year, Woven Fabrics was the 708th most exported product in Vietnam. The main destination of Woven Fabrics exports from Vietnam are: United States ($1.41M), South Korea ($1.21M), Japan ($1.19M), Singapore ($991k), and Chinese Taipei ($696k).

The fastest growing export markets for Woven Fabrics of Vietnam between 2021 and 2022 were United States ($1.38M), Singapore ($980k), and South Korea ($896k).

Imports In 2022, Vietnam imported $162M in Woven Fabrics, becoming the 2nd largest importer of Woven Fabrics in the world. At the same year, Woven Fabrics was the 319th most imported product in Vietnam. Vietnam imports Woven Fabrics primarily from: China ($151M), Japan ($2.7M), United States ($2.16M), South Korea ($1.61M), and Italy ($1.18M).

The fastest growing import markets in Woven Fabrics for Vietnam between 2021 and 2022 were Japan ($1.09M), South Korea ($983k), and Italy ($813k).

COMPANIES In 2023, leading companies such as Old Navy (1) and Gap (1) were at the forefront of shipping Woven Fabrics 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 Woven Fabrics. 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)$6.72M
IMPORTS (2022)$162M
NET TRADE (2022)-$155M

In 2022, Vietnam exported $6.72M in Woven Fabrics. The main destinations of Vietnam exports on Woven Fabrics were United States ($1.41M), South Korea ($1.21M), Japan ($1.19M), Singapore ($991k), and Chinese Taipei ($696k).

In 2022, Vietnam imported $162M in Woven Fabrics, mainly from China ($151M), Japan ($2.7M), United States ($2.16M), South Korea ($1.61M), and Italy ($1.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woven Fabrics EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$1.38M (4.07k%)
Singapore$980k (9.31k%)
South Korea$896k (281%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woven Fabrics BY Vietnam WERE (2021 - 2022):
Japan-$1.95M (-62.1%)
China-$1.03M (-67.1%)
Thailand-$98.1k (-75.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Woven Fabrics were:
China $1.14B
Italy $167M
In 2022, Vietnam's main importing competitors in Woven Fabrics were:

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Trade Value of Woven Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $748k
TOP IMPORT POTENTIALItaly+ $991k

Woven Fabrics’s highest export potential is United States. With an export gap of $748k.   Woven Fabrics’s highest import potential is Italy with an import gap of $991k.

See methodology.

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