2022
Exports
$19.6kWorld Rnk 50 / 99
Flag Rnk 1128 / 1176
2022
PRODUCT COMPLEXITY IN Ground Nut Oil
-1.93Rnk 993 / 1025
2022
Imports
$934kWorld Rnk 23 / 185
Flag Rnk 1090 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $19.6k in Ground Nut Oil, making it the 50th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1128th most exported product in Vietnam. The main destination of Ground Nut Oil exports from Vietnam are: Laos ($15.1k), Japan ($3.69k), Germany ($417), and Czechia ($371).

The fastest growing export markets for Ground Nut Oil of Vietnam between 2021 and 2022 were Japan ($3.69k), Germany ($417), and Czechia ($371).

Imports In 2022, Vietnam imported $934k in Ground Nut Oil, becoming the 23rd largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1090th most imported product in Vietnam. Vietnam imports Ground Nut Oil primarily from: India ($932k), Australia ($2.2k), and Brazil ($24).

The fastest growing import markets in Ground Nut Oil for Vietnam between 2021 and 2022 were India ($163k), Australia ($2.2k), and Brazil ($24).

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 Ground Nut Oil. 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)$19.6k
IMPORTS (2022)$934k
NET TRADE (2022)-$914k

In 2022, Vietnam exported $19.6k in Ground Nut Oil. The main destinations of Vietnam exports on Ground Nut Oil were Laos ($15.1k), Japan ($3.69k), Germany ($417), and Czechia ($371).

In 2022, Vietnam imported $934k in Ground Nut Oil, mainly from India ($932k), Australia ($2.2k), and Brazil ($24).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Japan$3.69k (1%)
Germany$417 (1%)
Czechia$371 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Vietnam WERE (2021 - 2022):
China-$425k (-100%)
Laos-$208k (-93.2%)
South Africa-$7 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Ground Nut Oil were:
In 2022, Vietnam's main importing competitors in Ground Nut Oil were:

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $2.05k
TOP IMPORT POTENTIALIndia+ $205k

Ground Nut Oil’s highest export potential is Japan. With an export gap of $2.05k.   Ground Nut Oil’s highest import potential is India with an import gap of $205k.

See methodology.

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