2023
Exports
$276MWorld Rnk 12 / 163
Flag Rnk 168 / 1173
2023
PRODUCT COMPLEXITY IN Bananas
-1.96Rnk 995 / 1025
2023
Imports
$1.04MWorld Rnk 112 / 203
Flag Rnk 1055 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $276M in Bananas, making it the 12th largest exporter of Bananas in the world. At the same year, Bananas was the 168th most exported product in Vietnam. The main destination of Bananas exports from Vietnam are: China ($244M), Japan ($15.8M), Malaysia ($11.6M), Singapore ($2.49M), and Kuwait ($455k).

The fastest growing export markets for Bananas of Vietnam between 2022 and 2023 were Japan ($7.76M), Malaysia ($5M), and Singapore ($792k).

Imports In 2023, Vietnam imported $1.04M in Bananas, becoming the 112th largest importer of Bananas in the world. At the same year, Bananas was the 1055th most imported product in Vietnam. Vietnam imports Bananas primarily from: Cambodia ($734k), France ($84.5k), Thailand ($72.5k), United States ($59.2k), and South Africa ($37.6k).

The fastest growing import markets in Bananas for Vietnam between 2022 and 2023 were Thailand ($72.4k), United States ($59.2k), and South Africa ($37.6k).

Latest Trends

Dec 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 Bananas. 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 (2023)$276M
IMPORTS (2023)$1.04M
NET TRADE (2023)$275M

In 2023, Vietnam exported $276M in Bananas. The main destinations of Vietnam exports on Bananas were China ($244M), Japan ($15.8M), Malaysia ($11.6M), Singapore ($2.49M), and Kuwait ($455k).

In 2023, Vietnam imported $1.04M in Bananas, mainly from Cambodia ($734k), France ($84.5k), Thailand ($72.5k), United States ($59.2k), and South Africa ($37.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Japan$7.76M (96.2%)
Malaysia$5M (76%)
Singapore$792k (46.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Vietnam WERE (2022 - 2023):
South Korea-$20.5M (-100%)
Russia-$3.68M (-100%)
China-$736k (-0.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Bananas were:
In 2023, Vietnam's main importing competitors in Bananas were:

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13.6M
TOP IMPORT POTENTIALCambodia+ $619k

Bananas’s highest export potential is China. With an export gap of $13.6M.   Bananas’s highest import potential is Cambodia with an import gap of $619k.

See methodology.

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