2022
Exports
$17.6MWorld Rnk 40 / 177
Flag Rnk 571 / 1176
2022
PRODUCT COMPLEXITY IN Bandages
0.96Rnk 187 / 1025
2022
Imports
$38.3MWorld Rnk 43 / 221
Flag Rnk 602 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $17.6M in Bandages, making it the 40th largest exporter of Bandages in the world. At the same year, Bandages was the 571st most exported product in Vietnam. The main destination of Bandages exports from Vietnam are: Philippines ($6.88M), United States ($3.13M), Malaysia ($2.57M), China ($935k), and Singapore ($925k).

The fastest growing export markets for Bandages of Vietnam between 2021 and 2022 were Philippines ($3.02M), Malaysia ($1.02M), and United States ($382k).

Imports In 2022, Vietnam imported $38.3M in Bandages, becoming the 43rd largest importer of Bandages in the world. At the same year, Bandages was the 602nd most imported product in Vietnam. Vietnam imports Bandages primarily from: Thailand ($12.3M), China ($11.3M), United States ($3.5M), South Korea ($2.91M), and Singapore ($2.4M).

The fastest growing import markets in Bandages for Vietnam between 2021 and 2022 were Thailand ($6.51M), United Kingdom ($309k), and Japan ($244k).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Bandages. 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)$17.6M
IMPORTS (2022)$38.3M
NET TRADE (2022)-$20.7M

In 2022, Vietnam exported $17.6M in Bandages. The main destinations of Vietnam exports on Bandages were Philippines ($6.88M), United States ($3.13M), Malaysia ($2.57M), China ($935k), and Singapore ($925k).

In 2022, Vietnam imported $38.3M in Bandages, mainly from Thailand ($12.3M), China ($11.3M), United States ($3.5M), South Korea ($2.91M), and Singapore ($2.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Philippines$3.02M (78%)
Malaysia$1.02M (66%)
United States$382k (13.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Vietnam WERE (2021 - 2022):
China-$844k (-47.5%)
Canada-$96.9k (-52.2%)
Moldova-$68.4k (-99.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.42M
TOP IMPORT POTENTIALChina+ $9.91M

Bandages’s highest export potential is United States. With an export gap of $2.42M.   Bandages’s highest import potential is China with an import gap of $9.91M.

See methodology.

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