2022
Exports
$13.9MWorld Rnk 11 / 140
Flag Rnk 608 / 1176
2022
PRODUCT COMPLEXITY IN Ornamental Trimmings
-0.27Rnk 635 / 1025
2022
Imports
$53.5MWorld Rnk 2 / 201
Flag Rnk 532 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $13.9M in Ornamental Trimmings, making it the 11th largest exporter of Ornamental Trimmings in the world. At the same year, Ornamental Trimmings was the 608th most exported product in Vietnam. The main destination of Ornamental Trimmings exports from Vietnam are: Indonesia ($2.81M), Philippines ($2.16M), United States ($2.14M), Cambodia ($1.9M), and India ($1.35M).

The fastest growing export markets for Ornamental Trimmings of Vietnam between 2021 and 2022 were United States ($1.31M), Indonesia ($1.19M), and Philippines ($851k).

Imports In 2022, Vietnam imported $53.5M in Ornamental Trimmings, becoming the 2nd largest importer of Ornamental Trimmings in the world. At the same year, Ornamental Trimmings was the 532nd most imported product in Vietnam. Vietnam imports Ornamental Trimmings primarily from: China ($24M), Chinese Taipei ($10.4M), Hong Kong ($10.2M), Japan ($2.42M), and South Korea ($1.68M).

The fastest growing import markets in Ornamental Trimmings for Vietnam between 2021 and 2022 were China ($2.1M), South Korea ($969k), and Belgium ($238k).

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 Ornamental Trimmings. 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)$13.9M
IMPORTS (2022)$53.5M
NET TRADE (2022)-$39.6M

In 2022, Vietnam exported $13.9M in Ornamental Trimmings. The main destinations of Vietnam exports on Ornamental Trimmings were Indonesia ($2.81M), Philippines ($2.16M), United States ($2.14M), Cambodia ($1.9M), and India ($1.35M).

In 2022, Vietnam imported $53.5M in Ornamental Trimmings, mainly from China ($24M), Chinese Taipei ($10.4M), Hong Kong ($10.2M), Japan ($2.42M), and South Korea ($1.68M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ornamental Trimmings EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$1.31M (158%)
Indonesia$1.19M (73.7%)
Philippines$851k (65.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ornamental Trimmings BY Vietnam WERE (2021 - 2022):
Cambodia-$4.36M (-69.7%)
Japan-$1.2M (-66%)
China-$679k (-88.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Ornamental Trimmings were:
In 2022, Vietnam's main importing competitors in Ornamental Trimmings were:

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Trade Value of Ornamental Trimmings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $593k
TOP IMPORT POTENTIALChina+ $622k

Ornamental Trimmings’s highest export potential is United States. With an export gap of $593k.   Ornamental Trimmings’s highest import potential is China with an import gap of $622k.

See methodology.

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