2022
Exports
$36.7MWorld Rnk 42 / 172
Flag Rnk 448 / 1176
2022
PRODUCT COMPLEXITY IN Glass Fibers
0.47Rnk 376 / 1025
2022
Imports
$182MWorld Rnk 22 / 223
Flag Rnk 293 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $36.7M in Glass Fibers, making it the 42nd largest exporter of Glass Fibers in the world. At the same year, Glass Fibers was the 448th most exported product in Vietnam. The main destination of Glass Fibers exports from Vietnam are: Japan ($10.8M), South Korea ($9.37M), United States ($2.43M), Thailand ($2.02M), and China ($1.96M).

The fastest growing export markets for Glass Fibers of Vietnam between 2021 and 2022 were South Korea ($3.92M), Japan ($2.54M), and Thailand ($1.29M).

Imports In 2022, Vietnam imported $182M in Glass Fibers, becoming the 22nd largest importer of Glass Fibers in the world. At the same year, Glass Fibers was the 293rd most imported product in Vietnam. Vietnam imports Glass Fibers primarily from: China ($146M), South Korea ($10.9M), Japan ($7.21M), Chinese Taipei ($5.01M), and Malaysia ($2.71M).

The fastest growing import markets in Glass Fibers for Vietnam between 2021 and 2022 were China ($6.23M), Malaysia ($753k), and Philippines ($460k).

COMPANIES In 2023, leading companies such as DuPont (72), Samsung (20), and Hyosung (18) were at the forefront of shipping Glass Fibers 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 Glass 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)$36.7M
IMPORTS (2022)$182M
NET TRADE (2022)-$145M

In 2022, Vietnam exported $36.7M in Glass Fibers. The main destinations of Vietnam exports on Glass Fibers were Japan ($10.8M), South Korea ($9.37M), United States ($2.43M), Thailand ($2.02M), and China ($1.96M).

In 2022, Vietnam imported $182M in Glass Fibers, mainly from China ($146M), South Korea ($10.9M), Japan ($7.21M), Chinese Taipei ($5.01M), and Malaysia ($2.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Fibers EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
South Korea$3.92M (71.8%)
Japan$2.54M (30.7%)
Thailand$1.29M (176%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Fibers BY Vietnam WERE (2021 - 2022):
Laos-$7.87M (-99.9%)
Cambodia-$540k (-36.6%)
Belgium-$348k (-44.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Glass Fibers were:
In 2022, Vietnam's main importing competitors in Glass Fibers were:

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Trade Value of Glass Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.73M
TOP IMPORT POTENTIALChina+ $29.1M

Glass Fibers’s highest export potential is China. With an export gap of $3.73M.   Glass Fibers’s highest import potential is China with an import gap of $29.1M.

See methodology.

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