Electric Motors in   Vietnam

Exports In 2022, Vietnam exported $2.03B in Electric Motors, making it the 8th largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 38th most exported product in Vietnam. The main destination of Electric Motors exports from Vietnam are: United States ($661M), China ($243M), Japan ($215M), South Korea ($151M), and Mexico ($95.8M).

The fastest growing export markets for Electric Motors of Vietnam between 2021 and 2022 were China ($69.8M), Mexico ($57.2M), and Chile ($46.5M).

Imports In 2022, Vietnam imported $899M in Electric Motors, becoming the 23rd largest importer of Electric Motors in the world. At the same year, Electric Motors was the 80th most imported product in Vietnam. Vietnam imports Electric Motors primarily from: China ($636M), South Korea ($47.8M), Chinese Taipei ($34.7M), Thailand ($32.7M), and Japan ($28M).

The fastest growing import markets in Electric Motors for Vietnam between 2021 and 2022 were Philippines ($14.8M), India ($12.2M), and Chinese Taipei ($11.6M).

COMPANIES In 2023, leading companies such as Toshiba (390), GE RENEWABLES NORTH AMERICA LLC (24), and CITY Furniture (19) were at the forefront of shipping Electric Motors from Vietnam to the United States.