2022
Exports
$54.7MWorld Rnk 15 / 182
Flag Rnk 394 / 1176
2022
PRODUCT COMPLEXITY IN Cutting Blades
1.38Rnk 76 / 1025
2022
Imports
$80.2MWorld Rnk 13 / 219
Flag Rnk 471 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $54.7M in Cutting Blades, making it the 15th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 394th most exported product in Vietnam. The main destination of Cutting Blades exports from Vietnam are: United States ($24.7M), Japan ($10.8M), China ($3.66M), Thailand ($2.06M), and Chinese Taipei ($1.57M).

The fastest growing export markets for Cutting Blades of Vietnam between 2021 and 2022 were Thailand ($1.71M), Netherlands ($1.04M), and Australia ($380k).

Imports In 2022, Vietnam imported $80.2M in Cutting Blades, becoming the 13th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 471st most imported product in Vietnam. Vietnam imports Cutting Blades primarily from: China ($42.5M), Japan ($10.2M), Chinese Taipei ($6.45M), South Korea ($5.7M), and Germany ($2.38M).

The fastest growing import markets in Cutting Blades for Vietnam between 2021 and 2022 were China ($2.29M), Thailand ($667k), and Japan ($226k).

COMPANIES In 2023, leading companies such as Ameziel (15), IKEA Group (8), and Michael Kors (4) were at the forefront of shipping Cutting Blades 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 Cutting Blades. 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)$54.7M
IMPORTS (2022)$80.2M
NET TRADE (2022)-$25.5M

In 2022, Vietnam exported $54.7M in Cutting Blades. The main destinations of Vietnam exports on Cutting Blades were United States ($24.7M), Japan ($10.8M), China ($3.66M), Thailand ($2.06M), and Chinese Taipei ($1.57M).

In 2022, Vietnam imported $80.2M in Cutting Blades, mainly from China ($42.5M), Japan ($10.2M), Chinese Taipei ($6.45M), South Korea ($5.7M), and Germany ($2.38M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Thailand$1.71M (495%)
Netherlands$1.04M (2.85k%)
Australia$380k (59.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Vietnam WERE (2021 - 2022):
United States-$3.12M (-11.2%)
China-$2.19M (-37.4%)
Japan-$942k (-8.03%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.11M
TOP IMPORT POTENTIALChina+ $5.44M

Cutting Blades’s highest export potential is China. With an export gap of $4.11M.   Cutting Blades’s highest import potential is China with an import gap of $5.44M.

See methodology.

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