2022
Exports
$13.1MWorld Rnk 46 / 182
Flag Rnk 617 / 1176
2022
PRODUCT COMPLEXITY IN Aqueous Paints
-0.067Rnk 571 / 1025
2022
Imports
$107MWorld Rnk 20 / 223
Flag Rnk 404 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $13.1M in Aqueous Paints, making it the 46th largest exporter of Aqueous Paints in the world. At the same year, Aqueous Paints was the 617th most exported product in Vietnam. The main destination of Aqueous Paints exports from Vietnam are: Cambodia ($5.44M), Japan ($1.46M), Indonesia ($1.29M), Malaysia ($1.21M), and Thailand ($1M).

The fastest growing export markets for Aqueous Paints of Vietnam between 2021 and 2022 were Thailand ($755k), Malaysia ($675k), and South Korea ($460k).

Imports In 2022, Vietnam imported $107M in Aqueous Paints, becoming the 20th largest importer of Aqueous Paints in the world. At the same year, Aqueous Paints was the 404th most imported product in Vietnam. Vietnam imports Aqueous Paints primarily from: China ($21.4M), South Korea ($19.3M), Singapore ($18.8M), Thailand ($11.2M), and Malaysia ($9.91M).

The fastest growing import markets in Aqueous Paints for Vietnam between 2021 and 2022 were Singapore ($9M), Malaysia ($2.82M), and Thailand ($2.65M).

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 Aqueous Paints. 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)$13.1M
IMPORTS (2022)$107M
NET TRADE (2022)-$93.8M

In 2022, Vietnam exported $13.1M in Aqueous Paints. The main destinations of Vietnam exports on Aqueous Paints were Cambodia ($5.44M), Japan ($1.46M), Indonesia ($1.29M), Malaysia ($1.21M), and Thailand ($1M).

In 2022, Vietnam imported $107M in Aqueous Paints, mainly from China ($21.4M), South Korea ($19.3M), Singapore ($18.8M), Thailand ($11.2M), and Malaysia ($9.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aqueous Paints EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Thailand$755k (304%)
Malaysia$675k (125%)
South Korea$460k (102%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aqueous Paints BY Vietnam WERE (2021 - 2022):
Philippines-$760k (-48.9%)
Cambodia-$746k (-12.1%)
Burma-$125k (-90%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Aqueous Paints were:
In 2022, Vietnam's main importing competitors in Aqueous Paints were:

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Trade Value of Aqueous Paints by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $695k
N/AN/AN/A

Aqueous Paints’s highest export potential is China. With an export gap of $695k.   Aqueous Paints’s highest import potential is N/A with an import gap of N/A.

See methodology.

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