2022
Exports
$2.84MWorld Rnk 22 / 86
Flag Rnk 814 / 1176
2022
PRODUCT COMPLEXITY IN Gimp Yarn
0.54Rnk 354 / 1025
2022
Imports
$21.6MWorld Rnk 6 / 161
Flag Rnk 721 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $2.84M in Gimp Yarn, making it the 22nd largest exporter of Gimp Yarn in the world. At the same year, Gimp Yarn was the 814th most exported product in Vietnam. The main destination of Gimp Yarn exports from Vietnam are: Chinese Taipei ($2.18M), United States ($472k), South Korea ($61.3k), Bulgaria ($46.9k), and China ($14.8k).

The fastest growing export markets for Gimp Yarn of Vietnam between 2021 and 2022 were United States ($352k), Bulgaria ($36.9k), and South Korea ($25.4k).

Imports In 2022, Vietnam imported $21.6M in Gimp Yarn, becoming the 6th largest importer of Gimp Yarn in the world. At the same year, Gimp Yarn was the 721st most imported product in Vietnam. Vietnam imports Gimp Yarn primarily from: China ($17.6M), Japan ($1.9M), South Korea ($1.24M), India ($309k), and United States ($304k).

The fastest growing import markets in Gimp Yarn for Vietnam between 2021 and 2022 were China ($2.78M), Japan ($1.04M), and India ($171k).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (1) were at the forefront of shipping Gimp Yarn from Vietnam to the United States.

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 Gimp 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)$2.84M
IMPORTS (2022)$21.6M
NET TRADE (2022)-$18.8M

In 2022, Vietnam exported $2.84M in Gimp Yarn. The main destinations of Vietnam exports on Gimp Yarn were Chinese Taipei ($2.18M), United States ($472k), South Korea ($61.3k), Bulgaria ($46.9k), and China ($14.8k).

In 2022, Vietnam imported $21.6M in Gimp Yarn, mainly from China ($17.6M), Japan ($1.9M), South Korea ($1.24M), India ($309k), and United States ($304k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gimp Yarn EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$352k (294%)
Bulgaria$36.9k (367%)
South Korea$25.4k (70.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gimp Yarn BY Vietnam WERE (2021 - 2022):
Cambodia-$1.55M (-99.7%)
Chinese Taipei-$807k (-27%)
China-$267k (-94.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Gimp Yarn were:
China $228M
Italy $85.8M
Turkey $59.4M
In 2022, Vietnam's main importing competitors in Gimp Yarn were:

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Trade Value of Gimp Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $73.6k
TOP IMPORT POTENTIALChina+ $694k

Gimp Yarn’s highest export potential is United States. With an export gap of $73.6k.   Gimp Yarn’s highest import potential is China with an import gap of $694k.

See methodology.

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