2022
Exports | Imports
$48.1M | $53.8MWorld Rnk 9 / 197
Flag Rnk 411 / 1176
World Rnk 12 / 220
Flag Rnk 530 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.062Rnk 60 / 124
2022
PRODUCT COMPLEXITY IN Drafting Tools
1.78Rnk 13 / 1025

About

Exports In 2022, Vietnam exported $48.1M in Drafting Tools, making it the 9th largest exporter of Drafting Tools in the world. At the same year, Drafting Tools was the 411th most exported product in Vietnam. The main destination of Drafting Tools exports from Vietnam are: United States ($40.3M), China ($2.23M), Canada ($1.97M), Germany ($1.64M), and Singapore ($228k).

The fastest growing export markets for Drafting Tools of Vietnam between 2021 and 2022 were China ($1.79M), Germany ($1.01M), and Philippines ($207k).

Imports In 2022, Vietnam imported $53.8M in Drafting Tools, becoming the 12th largest importer of Drafting Tools in the world. At the same year, Drafting Tools was the 530th most imported product in Vietnam. Vietnam imports Drafting Tools primarily from: China ($45.2M), Japan ($2.64M), Singapore ($1.94M), South Korea ($911k), and Germany ($835k).

The fastest growing import markets in Drafting Tools for Vietnam between 2021 and 2022 were Germany ($91.3k), Israel ($60k), and Philippines ($56.1k).

COMPANIES In 2023, leading companies such as RTG FURNITURE CORPORATION (39) and APEX TOOL GROUP, LLC. (14) were at the forefront of shipping Drafting Tools from Vietnam to the United States.

Latest Trends

Feb 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 Drafting Tools. 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)$48.1M
IMPORTS (2022)$53.8M
NET TRADE (2022)-$5.68M

In 2022, Vietnam exported $48.1M in Drafting Tools. The main destinations of Vietnam exports on Drafting Tools were United States ($40.3M), China ($2.23M), Canada ($1.97M), Germany ($1.64M), and Singapore ($228k).

In 2022, Vietnam imported $53.8M in Drafting Tools, mainly from China ($45.2M), Japan ($2.64M), Singapore ($1.94M), South Korea ($911k), and Germany ($835k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drafting Tools EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$1.79M (404%)
Germany$1.01M (160%)
Philippines$207k (1.33k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drafting Tools BY Vietnam WERE (2021 - 2022):
United States-$9.93M (-19.8%)
Saudi Arabia-$936k (-98.7%)
Cambodia-$445k (-94.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Drafting Tools by Exporters

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