2022
Exports
$9.82MWorld Rnk 9 / 79
Flag Rnk 650 / 1176
2022
PRODUCT COMPLEXITY IN Flax Fibers
0.46Rnk 377 / 1025
2022
Imports
$7.39MWorld Rnk 16 / 168
Flag Rnk 891 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $9.82M in Flax Fibers, making it the 9th largest exporter of Flax Fibers in the world. At the same year, Flax Fibers was the 650th most exported product in Vietnam. The main destination of Flax Fibers exports from Vietnam are: China ($9.81M), Philippines ($2.16k), and Norway ($1.29k).

The fastest growing export markets for Flax Fibers of Vietnam between 2021 and 2022 were China ($3.53M), Philippines ($2.16k), and Norway ($1.29k).

Imports In 2022, Vietnam imported $7.39M in Flax Fibers, becoming the 16th largest importer of Flax Fibers in the world. At the same year, Flax Fibers was the 891st most imported product in Vietnam. Vietnam imports Flax Fibers primarily from: France ($5.82M), Belgium ($1.08M), Italy ($364k), Belarus ($107k), and China ($15.7k).

The fastest growing import markets in Flax Fibers for Vietnam between 2021 and 2022 were France ($5.5M), Belgium ($1.06M), and India ($631).

Latest Trends

Jul 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 Flax Fibers. 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)$9.82M
IMPORTS (2022)$7.39M
NET TRADE (2022)$2.42M

In 2022, Vietnam exported $9.82M in Flax Fibers. The main destinations of Vietnam exports on Flax Fibers were China ($9.81M), Philippines ($2.16k), and Norway ($1.29k).

In 2022, Vietnam imported $7.39M in Flax Fibers, mainly from France ($5.82M), Belgium ($1.08M), Italy ($364k), Belarus ($107k), and China ($15.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Fibers EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$3.53M (56.1%)
Philippines$2.16k (1%)
Norway$1.29k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Fibers BY Vietnam WERE (2021 - 2022):Switzerland-$140 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Flax Fibers were:
Italy $65.5M
In 2022, Vietnam's main importing competitors in Flax Fibers were:

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Trade Value of Flax Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.59M
TOP IMPORT POTENTIALItaly+ $136k

Flax Fibers’s highest export potential is China. With an export gap of $3.59M.   Flax Fibers’s highest import potential is Italy with an import gap of $136k.

See methodology.

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