2022
Exports | Imports
$239M | $330MWorld Rnk 33 / 223
Flag Rnk 197 / 1176
World Rnk 33 / 224
Flag Rnk 195 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.062Rnk 60 / 124
2022
PRODUCT COMPLEXITY IN Engine Parts
0.98Rnk 179 / 1025

About

Exports In 2022, Vietnam exported $239M in Engine Parts, making it the 33rd largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 197th most exported product in Vietnam. The main destination of Engine Parts exports from Vietnam are: South Korea ($62.4M), Japan ($38.1M), Indonesia ($31M), Thailand ($24.8M), and Mexico ($14.7M).

The fastest growing export markets for Engine Parts of Vietnam between 2021 and 2022 were Japan ($13M), Indonesia ($11.4M), and Mexico ($5.94M).

Imports In 2022, Vietnam imported $330M in Engine Parts, becoming the 33rd largest importer of Engine Parts in the world. At the same year, Engine Parts was the 195th most imported product in Vietnam. Vietnam imports Engine Parts primarily from: China ($139M), South Korea ($47.3M), Thailand ($45.9M), Japan ($31M), and Netherlands ($16.9M).

The fastest growing import markets in Engine Parts for Vietnam between 2021 and 2022 were Netherlands ($13.6M), South Korea ($3.95M), and United States ($2.96M).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTRONICS AMERICA (98) were at the forefront of shipping Engine Parts 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 Engine Parts. 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)$239M
IMPORTS (2022)$330M
NET TRADE (2022)-$90.6M

In 2022, Vietnam exported $239M in Engine Parts. The main destinations of Vietnam exports on Engine Parts were South Korea ($62.4M), Japan ($38.1M), Indonesia ($31M), Thailand ($24.8M), and Mexico ($14.7M).

In 2022, Vietnam imported $330M in Engine Parts, mainly from China ($139M), South Korea ($47.3M), Thailand ($45.9M), Japan ($31M), and Netherlands ($16.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Japan$13M (52%)
Indonesia$11.4M (58.1%)
Mexico$5.94M (67.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY Vietnam WERE (2021 - 2022):
India-$1.63M (-45.7%)
China-$1.63M (-11.3%)
Netherlands-$1.25M (-97.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Engine Parts were:
China $7.96B
Japan $6.08B
In 2022, Vietnam's main importing competitors in Engine Parts were:

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Trade Value of Engine Parts by Exporters

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