2023
Exports
$3.19BWorld Rnk 2 / 210
Flag Rnk 17 / 4097
falsefalseN/A
2023
Imports
$84.5MWorld Rnk 44 / 225
Flag Rnk 520 / 4416
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

The fastest growing export markets for Furniture, wooden, nes of Vietnam between 2022 and 2023 were China ($1.74M), Greece ($1.73M), and Thailand ($1.24M).

Imports In 2023, Vietnam imported $84.5M in Furniture, wooden, nes, becoming the 44th largest importer of Furniture, wooden, nes in the world. At the same year, Furniture, wooden, nes was the 520th most imported product in Vietnam. Vietnam imports Furniture, wooden, nes primarily from: China ($54.9M), Italy ($8.58M), Portugal ($8.52M), United States ($2.8M), and Singapore ($2.5M).

COMPANIES In 2024, leading companies such as LG Electronics (9.02k), Sailun Tire (6.51k), and Samsung (4.76k) were at the forefront of shipping Furniture, wooden, nes from Vietnam to the United States.

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 Furniture, wooden, nes. 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)$3.19B
IMPORTS (2023)$84.5M
NET TRADE (2023)$3.1B

In 2023, Vietnam imported $84.5M in Furniture, wooden, nes, mainly from China ($54.9M), Italy ($8.58M), Portugal ($8.52M), United States ($2.8M), and Singapore ($2.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Furniture, wooden, nes EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
China$1.74M (6.53%)
Greece$1.73M (110%)
Thailand$1.24M (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furniture, wooden, nes BY Vietnam WERE (2022 - 2023):
United States-$896M (-27.8%)
Japan-$85.8M (-33.5%)
United Kingdom-$84.4M (-35%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Furniture, wooden, nes were:
China $5.98B
Poland $2.84B
In 2023, Vietnam's main importing competitors in Furniture, wooden, nes were:

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Trade Value of Furniture, wooden, nes by Exporters

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