2022
Exports
$131MWorld Rnk 3 / 181
Flag Rnk 271 / 1176
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Undergarments
-1.31Rnk 914 / 1025
2022
Imports
$7.04MWorld Rnk 38 / 214
Flag Rnk 898 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $131M in Non-Knit Men's Undergarments, making it the 3rd largest exporter of Non-Knit Men's Undergarments in the world. At the same year, Non-Knit Men's Undergarments was the 271st most exported product in Vietnam. The main destination of Non-Knit Men's Undergarments exports from Vietnam are: United States ($98.5M), South Korea ($11.4M), Japan ($4.34M), United Kingdom ($3.65M), and Canada ($2.17M).

The fastest growing export markets for Non-Knit Men's Undergarments of Vietnam between 2021 and 2022 were United States ($7.75M), Japan ($1.59M), and Germany ($612k).

Imports In 2022, Vietnam imported $7.04M in Non-Knit Men's Undergarments, becoming the 38th largest importer of Non-Knit Men's Undergarments in the world. At the same year, Non-Knit Men's Undergarments was the 898th most imported product in Vietnam. Vietnam imports Non-Knit Men's Undergarments primarily from: China ($6.56M), United Arab Emirates ($123k), Cambodia ($118k), Hong Kong ($65.4k), and United Kingdom ($43.1k).

The fastest growing import markets in Non-Knit Men's Undergarments for Vietnam between 2021 and 2022 were United Arab Emirates ($123k), Hong Kong ($62.3k), and Cambodia ($52.6k).

COMPANIES In 2023, leading companies such as Old Navy (86), Gap (18), and Banana Republic (8) were at the forefront of shipping Non-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 Non-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)$131M
IMPORTS (2022)$7.04M
NET TRADE (2022)$124M

In 2022, Vietnam exported $131M in Non-Knit Men's Undergarments. The main destinations of Vietnam exports on Non-Knit Men's Undergarments were United States ($98.5M), South Korea ($11.4M), Japan ($4.34M), United Kingdom ($3.65M), and Canada ($2.17M).

In 2022, Vietnam imported $7.04M in Non-Knit Men's Undergarments, mainly from China ($6.56M), United Arab Emirates ($123k), Cambodia ($118k), Hong Kong ($65.4k), and United Kingdom ($43.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Undergarments EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$7.75M (8.54%)
Japan$1.59M (57.9%)
Germany$612k (86%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Undergarments BY Vietnam WERE (2021 - 2022):
South Korea-$4.85M (-29.8%)
Chile-$3.12M (-98.6%)
France-$435k (-50.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Non-Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $2.4M
TOP IMPORT POTENTIALChina+ $1.82M

Non-Knit Men's Undergarments’s highest export potential is Japan. With an export gap of $2.4M.   Non-Knit Men's Undergarments’s highest import potential is China with an import gap of $1.82M.

See methodology.

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