2022
Exports
$392kWorld Rnk 47 / 128
Flag Rnk 995 / 1176
2022
PRODUCT COMPLEXITY IN Book-binding Machines
0.87Rnk 220 / 1025
2022
Imports
$9.59MWorld Rnk 20 / 203
Flag Rnk 853 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $392k in Book-binding Machines, making it the 47th largest exporter of Book-binding Machines in the world. At the same year, Book-binding Machines was the 995th most exported product in Vietnam. The main destination of Book-binding Machines exports from Vietnam are: China ($101k), Japan ($93.9k), South Korea ($66k), Cambodia ($49k), and Switzerland ($19.7k).

The fastest growing export markets for Book-binding Machines of Vietnam between 2021 and 2022 were China ($101k), Japan ($69.2k), and Cambodia ($49k).

Imports In 2022, Vietnam imported $9.59M in Book-binding Machines, becoming the 20th largest importer of Book-binding Machines in the world. At the same year, Book-binding Machines was the 853rd most imported product in Vietnam. Vietnam imports Book-binding Machines primarily from: China ($5.08M), India ($996k), Japan ($870k), United Kingdom ($549k), and United States ($490k).

The fastest growing import markets in Book-binding Machines for Vietnam between 2021 and 2022 were China ($1.28M), India ($738k), and United Kingdom ($482k).

COMPANIES In 2023, leading companies such as Fred Meyer (2) were at the forefront of shipping Book-binding Machines 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 Book-binding Machines. 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)$392k
IMPORTS (2022)$9.59M
NET TRADE (2022)-$9.2M

In 2022, Vietnam exported $392k in Book-binding Machines. The main destinations of Vietnam exports on Book-binding Machines were China ($101k), Japan ($93.9k), South Korea ($66k), Cambodia ($49k), and Switzerland ($19.7k).

In 2022, Vietnam imported $9.59M in Book-binding Machines, mainly from China ($5.08M), India ($996k), Japan ($870k), United Kingdom ($549k), and United States ($490k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Book-binding Machines EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$101k (1%)
Japan$69.2k (281%)
Cambodia$49k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Book-binding Machines BY Vietnam WERE (2021 - 2022):
Oman-$250k (-100%)
South Korea-$42.9k (-39.4%)
Hong Kong-$22.6k (-66.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Book-binding Machines were:
In 2022, Vietnam's main importing competitors in Book-binding Machines were:

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Trade Value of Book-binding Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $120k
TOP IMPORT POTENTIALChina+ $528k

Book-binding Machines’s highest export potential is China. With an export gap of $120k.   Book-binding Machines’s highest import potential is China with an import gap of $528k.

See methodology.

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