2022
Exports
$1.54BWorld Rnk 2 / 170
Flag Rnk 44 / 1176
2022
PRODUCT COMPLEXITY IN Cement
-1.46Rnk 943 / 1025
2022
Imports
$25.2MWorld Rnk 104 / 224
Flag Rnk 694 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $1.54B in Cement, making it the 2nd largest exporter of Cement in the world. At the same year, Cement was the 44th most exported product in Vietnam. The main destination of Cement exports from Vietnam are: Philippines ($375M), China ($370M), United States ($203M), Bangladesh ($173M), and Chinese Taipei ($86.5M).

The fastest growing export markets for Cement of Vietnam between 2021 and 2022 were United States ($99M), Chinese Taipei ($60.4M), and Bangladesh ($53.8M).

Imports In 2022, Vietnam imported $25.2M in Cement, becoming the 104th largest importer of Cement in the world. At the same year, Cement was the 694th most imported product in Vietnam. Vietnam imports Cement primarily from: Thailand ($10.6M), Malaysia ($5.61M), Indonesia ($5.14M), China ($1.97M), and United Arab Emirates ($1.1M).

The fastest growing import markets in Cement for Vietnam between 2021 and 2022 were Thailand ($6.64M), Indonesia ($2.97M), and Malaysia ($1.1M).

COMPANIES In 2023, leading companies such as Puma (17), Euromarket Designs (16), and At Home Procurement (7) were at the forefront of shipping Cement 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 Cement. 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)$1.54B
IMPORTS (2022)$25.2M
NET TRADE (2022)$1.52B

In 2022, Vietnam exported $1.54B in Cement. The main destinations of Vietnam exports on Cement were Philippines ($375M), China ($370M), United States ($203M), Bangladesh ($173M), and Chinese Taipei ($86.5M).

In 2022, Vietnam imported $25.2M in Cement, mainly from Thailand ($10.6M), Malaysia ($5.61M), Indonesia ($5.14M), China ($1.97M), and United Arab Emirates ($1.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$99M (95.6%)
Chinese Taipei$60.4M (232%)
Bangladesh$53.8M (45.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Vietnam WERE (2021 - 2022):
China-$582M (-61.1%)
Peru-$27.5M (-61.1%)
Honduras-$25.6M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $26.6M
TOP IMPORT POTENTIALChina+ $1.72M

Cement’s highest export potential is China. With an export gap of $26.6M.   Cement’s highest import potential is China with an import gap of $1.72M.

See methodology.

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