2023
Exports
$782kWorld Rnk 81 / 179
Flag Rnk 876 / 1173
2023
PRODUCT COMPLEXITY IN Combustion Engines
1.16Rnk 119 / 1025
2023
Imports
$203MWorld Rnk 36 / 219
Flag Rnk 245 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $782k in Combustion Engines, making it the 81st largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 876th most exported product in Vietnam. The main destination of Combustion Engines exports from Vietnam are: Hong Kong ($213k), Netherlands ($124k), Maldives ($78.3k), United Arab Emirates ($70.3k), and Angola ($58.1k).

The fastest growing export markets for Combustion Engines of Vietnam between 2022 and 2023 were Hong Kong ($211k), Maldives ($78.3k), and Peru ($12.8k).

Imports In 2023, Vietnam imported $203M in Combustion Engines, becoming the 36th largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 245th most imported product in Vietnam. Vietnam imports Combustion Engines primarily from: China ($95.3M), Japan ($39.3M), India ($32M), United States ($10.7M), and United Kingdom ($8.15M).

The fastest growing import markets in Combustion Engines for Vietnam between 2022 and 2023 were United Kingdom ($6.83M), United States ($3.21M), and Singapore ($2.85M).

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 Combustion Engines. 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)$782k
IMPORTS (2023)$203M
NET TRADE (2023)-$203M

In 2023, Vietnam exported $782k in Combustion Engines. The main destinations of Vietnam exports on Combustion Engines were Hong Kong ($213k), Netherlands ($124k), Maldives ($78.3k), United Arab Emirates ($70.3k), and Angola ($58.1k).

In 2023, Vietnam imported $203M in Combustion Engines, mainly from China ($95.3M), Japan ($39.3M), India ($32M), United States ($10.7M), and United Kingdom ($8.15M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Combustion Engines EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Hong Kong$211k (10.8k%)
Maldives$78.3k (1%)
Peru$12.8k (8.88k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combustion Engines BY Vietnam WERE (2022 - 2023):
China-$3.18M (-99%)
Iran-$674k (-100%)
United Arab Emirates-$425k (-85.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Combustion Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.08M
TOP IMPORT POTENTIALChina+ $37.9M

Combustion Engines’s highest export potential is China. With an export gap of $5.08M.   Combustion Engines’s highest import potential is China with an import gap of $37.9M.

See methodology.

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