2022
Exports
$19.1BWorld Rnk 3 / 226
Flag Rnk 4 / 96
2022
PRODUCT COMPLEXITY IN Knitted clothing accesories
-0.71Rnk 761 / 1025
2022
Imports
$1.53BWorld Rnk 36 / 224
Flag Rnk 41 / 96
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $19.1B in Knitted clothing accesories, making it the 3rd largest exporter of Knitted clothing accesories in the world. At the same year, Knitted clothing accesories was the 4th most exported product in Vietnam. The main destination of Knitted clothing accesories exports from Vietnam are: United States ($10.4B), Japan ($2.03B), South Korea ($1.19B), Canada ($822M), and Germany ($520M).

The fastest growing export markets for Knitted clothing accesories of Vietnam between 2021 and 2022 were United States ($865M), Japan ($359M), and Canada ($246M).

Imports In 2022, Vietnam imported $1.53B in Knitted clothing accesories, becoming the 36th largest importer of Knitted clothing accesories in the world. At the same year, Knitted clothing accesories was the 41st most imported product in Vietnam. Vietnam imports Knitted clothing accesories primarily from: China ($1.26B), South Korea ($48.4M), Spain ($28.6M), Singapore ($25.2M), and Chinese Taipei ($20.1M).

The fastest growing import markets in Knitted clothing accesories for Vietnam between 2021 and 2022 were China ($403M), Morocco ($16.7M), and South Korea ($13.2M).

COMPANIES In 2023, leading companies such as Old Navy (3.2k), Gap (1.83k), and Athleta (561) were at the forefront of shipping Knitted clothing accesories 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 Knitted clothing accesories. 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)$19.1B
IMPORTS (2022)$1.53B
NET TRADE (2022)$17.6B

In 2022, Vietnam exported $19.1B in Knitted clothing accesories. The main destinations of Vietnam exports on Knitted clothing accesories were United States ($10.4B), Japan ($2.03B), South Korea ($1.19B), Canada ($822M), and Germany ($520M).

In 2022, Vietnam imported $1.53B in Knitted clothing accesories, mainly from China ($1.26B), South Korea ($48.4M), Spain ($28.6M), Singapore ($25.2M), and Chinese Taipei ($20.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted clothing accesories EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$865M (9.05%)
Japan$359M (21.6%)
Canada$246M (42.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted clothing accesories BY Vietnam WERE (2021 - 2022):
Russia-$67.6M (-39.7%)
China-$52.7M (-11%)
Austria-$46M (-83.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Knitted clothing accesories were:
In 2022, Vietnam's main importing competitors in Knitted clothing accesories were:

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Trade Value of Knitted clothing accesories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $437M
TOP IMPORT POTENTIALChina+ $422M

Knitted clothing accesories’s highest export potential is China. With an export gap of $437M.   Knitted clothing accesories’s highest import potential is China with an import gap of $422M.

See methodology.

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