2022
Exports
$715MWorld Rnk 3 / 190
Flag Rnk 92 / 1176
2022
PRODUCT COMPLEXITY IN Knit Men's Undergarments
-1.37Rnk 926 / 1025
2022
Imports
$28.3MWorld Rnk 48 / 217
Flag Rnk 668 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $715M in Knit Men's Undergarments, making it the 3rd largest exporter of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 92nd most exported product in Vietnam. The main destination of Knit Men's Undergarments exports from Vietnam are: United States ($464M), Japan ($62.6M), South Korea ($41.5M), France ($21.6M), and Canada ($20.5M).

The fastest growing export markets for Knit Men's Undergarments of Vietnam between 2021 and 2022 were Netherlands ($6.05M), Japan ($5.66M), and United Kingdom ($4.55M).

Imports In 2022, Vietnam imported $28.3M in Knit Men's Undergarments, becoming the 48th largest importer of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 668th most imported product in Vietnam. Vietnam imports Knit Men's Undergarments primarily from: China ($14.3M), Morocco ($9.79M), Cambodia ($1.26M), Hong Kong ($825k), and United Arab Emirates ($798k).

The fastest growing import markets in Knit Men's Undergarments for Vietnam between 2021 and 2022 were Morocco ($8.47M), United Arab Emirates ($795k), and Cambodia ($313k).

COMPANIES In 2023, leading companies such as Old Navy (44), American Eagle Outfitters (37), and PVH (Phillips-Van Heusen Corporation) (16) were at the forefront of shipping Knit Men's Undergarments 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 Knit Men's Undergarments. 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)$715M
IMPORTS (2022)$28.3M
NET TRADE (2022)$687M

In 2022, Vietnam exported $715M in Knit Men's Undergarments. The main destinations of Vietnam exports on Knit Men's Undergarments were United States ($464M), Japan ($62.6M), South Korea ($41.5M), France ($21.6M), and Canada ($20.5M).

In 2022, Vietnam imported $28.3M in Knit Men's Undergarments, mainly from China ($14.3M), Morocco ($9.79M), Cambodia ($1.26M), Hong Kong ($825k), and United Arab Emirates ($798k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Undergarments EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Netherlands$6.05M (72.6%)
Japan$5.66M (9.94%)
United Kingdom$4.55M (383%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Undergarments BY Vietnam WERE (2021 - 2022):
United States-$16.3M (-3.38%)
Austria-$2.07M (-99.7%)
South Korea-$1.99M (-4.58%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Knit Men's Undergarments were:
In 2022, Vietnam's main importing competitors in Knit Men's Undergarments were:

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Trade Value of Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $12M
TOP IMPORT POTENTIALChina+ $10.5M

Knit Men's Undergarments’s highest export potential is China. With an export gap of $12M.   Knit Men's Undergarments’s highest import potential is China with an import gap of $10.5M.

See methodology.

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