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Exports In 2022, Vietnam exported $38.3k in Flax Yarn, making it the 40th largest exporter of Flax Yarn in the world. At the same year, Flax Yarn was the 1113th most exported product in Vietnam. The main destination of Flax Yarn exports from Vietnam are: Hong Kong ($30k), Japan ($5.38k), Spain ($1.21k), India ($608), and United States ($501).

The fastest growing export markets for Flax Yarn of Vietnam between 2021 and 2022 were Hong Kong ($24k), Japan ($5.38k), and Spain ($1.21k).

Imports In 2022, Vietnam imported $6.52M in Flax Yarn, becoming the 14th largest importer of Flax Yarn in the world. At the same year, Flax Yarn was the 909th most imported product in Vietnam. Vietnam imports Flax Yarn primarily from: China ($5.91M), Hong Kong ($334k), Italy ($143k), Lithuania ($69.1k), and Japan ($20.5k).

The fastest growing import markets in Flax Yarn for Vietnam between 2021 and 2022 were China ($2.67M), Lithuania ($69.1k), and Italy ($39.4k).

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 Yarn. 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)$38.3k
IMPORTS (2022)$6.52M
NET TRADE (2022)-$6.49M

In 2022, Vietnam exported $38.3k in Flax Yarn. The main destinations of Vietnam exports on Flax Yarn were Hong Kong ($30k), Japan ($5.38k), Spain ($1.21k), India ($608), and United States ($501).

In 2022, Vietnam imported $6.52M in Flax Yarn, mainly from China ($5.91M), Hong Kong ($334k), Italy ($143k), Lithuania ($69.1k), and Japan ($20.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Yarn EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Hong Kong$24k (400%)
Japan$5.38k (1%)
Spain$1.21k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Yarn BY Vietnam WERE (2021 - 2022):
Italy-$5.7k (-100%)
South Korea-$1.4k (-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 Yarn were:
China $312M
Italy $58.4M
Poland $39.1M
In 2022, Vietnam's main importing competitors in Flax Yarn were:
Italy $141M
India $64.6M
Turkey $55.7M

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Trade Value of Flax Yarn by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALJapan+ $6.37k
N/AN/AN/A

Flax Yarn’s highest export potential is Japan. With an export gap of $6.37k.   Flax Yarn’s highest import potential is N/A with an import gap of N/A.

See methodology.

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