2022
Exports
$321MWorld Rnk 23 / 218
Flag Rnk 173 / 1176
2022
PRODUCT COMPLEXITY IN Electrical Power Accessories
0.91Rnk 204 / 1025
2022
Imports
$858MWorld Rnk 11 / 225
Flag Rnk 85 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $321M in Electrical Power Accessories, making it the 23rd largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 173rd most exported product in Vietnam. The main destination of Electrical Power Accessories exports from Vietnam are: Japan ($67.8M), China ($67.7M), South Korea ($49.2M), United States ($32.2M), and Philippines ($13.8M).

The fastest growing export markets for Electrical Power Accessories of Vietnam between 2021 and 2022 were Japan ($11.4M), Chile ($2.72M), and Saudi Arabia ($2.7M).

Imports In 2022, Vietnam imported $858M in Electrical Power Accessories, becoming the 11th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 85th most imported product in Vietnam. Vietnam imports Electrical Power Accessories primarily from: South Korea ($246M), China ($243M), Japan ($219M), Hong Kong ($52M), and United States ($22.1M).

The fastest growing import markets in Electrical Power Accessories for Vietnam between 2021 and 2022 were South Korea ($34.2M), Switzerland ($6.07M), and India ($1.07M).

COMPANIES In 2023, leading companies such as Panasonic (68) and Samsung (1) were at the forefront of shipping Electrical Power Accessories from Vietnam to the United States.

Latest Trends

Oct 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 Electrical Power Accessories. 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)$321M
IMPORTS (2022)$858M
NET TRADE (2022)-$537M

In 2022, Vietnam exported $321M in Electrical Power Accessories. The main destinations of Vietnam exports on Electrical Power Accessories were Japan ($67.8M), China ($67.7M), South Korea ($49.2M), United States ($32.2M), and Philippines ($13.8M).

In 2022, Vietnam imported $858M in Electrical Power Accessories, mainly from South Korea ($246M), China ($243M), Japan ($219M), Hong Kong ($52M), and United States ($22.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Japan$11.4M (20.3%)
Chile$2.72M (513%)
Saudi Arabia$2.7M (15.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY Vietnam WERE (2021 - 2022):
China-$115M (-62.9%)
United Kingdom-$38.8M (-98.7%)
Mexico-$12.7M (-66.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Electrical Power Accessories were:
In 2022, Vietnam's main importing competitors in Electrical Power Accessories were:

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Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $61.9M
TOP IMPORT POTENTIALChina+ $93.8M

Electrical Power Accessories’s highest export potential is China. With an export gap of $61.9M.   Electrical Power Accessories’s highest import potential is China with an import gap of $93.8M.

See methodology.

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