2023
Exports
$65.7MWorld Rnk 6 / 181
Flag Rnk 345 / 1173
2023
PRODUCT COMPLEXITY IN Fake Hair
-2.35Rnk 1013 / 1025
2023
Imports
$18MWorld Rnk 23 / 208
Flag Rnk 723 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $65.7M in Fake Hair, making it the 6th largest exporter of Fake Hair in the world. At the same year, Fake Hair was the 345th most exported product in Vietnam. The main destination of Fake Hair exports from Vietnam are: United States ($41.1M), Japan ($3.57M), Germany ($1.91M), Canada ($1.5M), and United Arab Emirates ($1.36M).

The fastest growing export markets for Fake Hair of Vietnam between 2022 and 2023 were United States ($2.03M), Hong Kong ($512k), and France ($441k).

Imports In 2023, Vietnam imported $18M in Fake Hair, becoming the 23rd largest importer of Fake Hair in the world. At the same year, Fake Hair was the 723rd most imported product in Vietnam. Vietnam imports Fake Hair primarily from: China ($17.6M), Hong Kong ($162k), United Arab Emirates ($137k), United States ($19.5k), and Germany ($7.37k).

The fastest growing import markets in Fake Hair for Vietnam between 2022 and 2023 were China ($13.2M), United Arab Emirates ($106k), and Hong Kong ($55.4k).

Latest Trends

Dec 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 Fake Hair. 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 (2023)$65.7M
IMPORTS (2023)$18M
NET TRADE (2023)$47.7M

In 2023, Vietnam exported $65.7M in Fake Hair. The main destinations of Vietnam exports on Fake Hair were United States ($41.1M), Japan ($3.57M), Germany ($1.91M), Canada ($1.5M), and United Arab Emirates ($1.36M).

In 2023, Vietnam imported $18M in Fake Hair, mainly from China ($17.6M), Hong Kong ($162k), United Arab Emirates ($137k), United States ($19.5k), and Germany ($7.37k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fake Hair EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
United States$2.03M (5.21%)
Hong Kong$512k (64.6%)
France$441k (80%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fake Hair BY Vietnam WERE (2022 - 2023):
Russia-$8.44M (-100%)
South Korea-$6.46M (-100%)
Japan-$1.54M (-30.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Fake Hair were:
In 2023, Vietnam's main importing competitors in Fake Hair were:

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Trade Value of Fake Hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.16M
TOP IMPORT POTENTIALChina+ $4.8M

Fake Hair’s highest export potential is United States. With an export gap of $5.16M.   Fake Hair’s highest import potential is China with an import gap of $4.8M.

See methodology.

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