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Pricing

2022
Destination $552kN/A
2021 - 2022
FASTEST GROWING MARKET $552kKuwait
2022
PRODUCT COMPLEXITY IN Friction Material0.27Rnk 464 / 1025
2022
ImportsfalseWorld Rnk 28 / 211
Flag Rnk 796 / 1208
2022
Origin $225k China
2021 - 2022
FASTEST GROWING ORIGIN $225kThailand
2022
ECONOMIC COMPLEXITY of Vietnam0.2Rnk 55 / 133

About

The fastest growing export markets for Friction Material of Vietnam between 2021 and 2022 were Kuwait ($552k), Malaysia ($25.8k), and United States ($17k).

Imports In 2022, Vietnam imported $13.9M in Friction Material, becoming the 28th largest importer of Friction Material in the world. At the same year, Friction Material was the 796th most imported product in Vietnam. Vietnam imports Friction Material primarily from: China ($6.59M), Philippines ($2.29M), Japan ($1.32M), Thailand ($894k), and South Korea ($809k).

The fastest growing import markets in Friction Material for Vietnam between 2021 and 2022 were Thailand ($225k), Germany ($151k), and Philippines ($129k).

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 Friction Material. 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
IMPORTS (2022)$13.9M

In 2022, Vietnam imported $13.9M in Friction Material, mainly from China ($6.59M), Philippines ($2.29M), Japan ($1.32M), Thailand ($894k), and South Korea ($809k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Kuwait$552k (67.9k%)
Malaysia$25.8k (60.5%)
United States$17k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY Vietnam WERE (2021 - 2022):
Brazil-$1.42M (-64.3%)
Indonesia-$1.15M (-95.9%)
Pakistan-$861k (-36.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Friction Material were:
Japan $247M
United States $191M
Germany $155M
In 2022, Vietnam's main importing competitors in Friction Material were:
United States $164M
China $111M
Germany $85.5M

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALJapan+ $78.9k
TOP IMPORT POTENTIALChina+ $1.26M

Friction Material’s highest export potential is Japan. With an export gap of $78.9k.   Friction Material’s highest import potential is China with an import gap of $1.26M.

See methodology.

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