2022
Exports
$138kWorld Rnk 74 / 135
Flag Rnk 1066 / 1176
2022
PRODUCT COMPLEXITY IN Asphalt
-0.09Rnk 576 / 1025
2022
Imports
$20.6MWorld Rnk 27 / 213
Flag Rnk 734 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $138k in Asphalt, making it the 74th largest exporter of Asphalt in the world. At the same year, Asphalt was the 1066th most exported product in Vietnam. The main destination of Asphalt exports from Vietnam are: Cambodia ($60.5k), Burma ($39.6k), South Korea ($20.1k), Hong Kong ($7.68k), and Angola ($4.38k).

The fastest growing export markets for Asphalt of Vietnam between 2021 and 2022 were Cambodia ($46k), Burma ($39.6k), and South Korea ($19.2k).

Imports In 2022, Vietnam imported $20.6M in Asphalt, becoming the 27th largest importer of Asphalt in the world. At the same year, Asphalt was the 734th most imported product in Vietnam. Vietnam imports Asphalt primarily from: China ($5.56M), Egypt ($3.62M), Turkey ($3.39M), South Korea ($2.76M), and Italy ($2.06M).

The fastest growing import markets in Asphalt for Vietnam between 2021 and 2022 were China ($2.63M), Egypt ($1.84M), and Turkey ($1.09M).

COMPANIES In 2023, leading companies such as REI (Recreational Equipment Incorporated) (2) were at the forefront of shipping Asphalt from Vietnam to the United States.

Latest Trends

Sep 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 Asphalt. 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)$138k
IMPORTS (2022)$20.6M
NET TRADE (2022)-$20.5M

In 2022, Vietnam exported $138k in Asphalt. The main destinations of Vietnam exports on Asphalt were Cambodia ($60.5k), Burma ($39.6k), South Korea ($20.1k), Hong Kong ($7.68k), and Angola ($4.38k).

In 2022, Vietnam imported $20.6M in Asphalt, mainly from China ($5.56M), Egypt ($3.62M), Turkey ($3.39M), South Korea ($2.76M), and Italy ($2.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Cambodia$46k (316%)
Burma$39.6k (1%)
South Korea$19.2k (2.17k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt BY Vietnam WERE (2021 - 2022):
Laos-$21.1k (-88.2%)
Turkey-$9 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $8.31k
TOP IMPORT POTENTIALChina+ $887k

Asphalt’s highest export potential is South Korea. With an export gap of $8.31k.   Asphalt’s highest import potential is China with an import gap of $887k.

See methodology.

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