2022
Exports
$35MWorld Rnk 14 / 133
Flag Rnk 456 / 1176
2022
PRODUCT COMPLEXITY IN Heavy Synthetic Cotton Fabrics
-0.61Rnk 733 / 1025
2022
Imports
$127MWorld Rnk 2 / 195
Flag Rnk 365 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $35M in Heavy Synthetic Cotton Fabrics, making it the 14th largest exporter of Heavy Synthetic Cotton Fabrics in the world. At the same year, Heavy Synthetic Cotton Fabrics was the 456th most exported product in Vietnam. The main destination of Heavy Synthetic Cotton Fabrics exports from Vietnam are: Burma ($7.26M), Bangladesh ($6.71M), Kenya ($4.74M), China ($3.62M), and Indonesia ($2.88M).

The fastest growing export markets for Heavy Synthetic Cotton Fabrics of Vietnam between 2021 and 2022 were Kenya ($3.46M), Indonesia ($2.27M), and Germany ($747k).

Imports In 2022, Vietnam imported $127M in Heavy Synthetic Cotton Fabrics, becoming the 2nd largest importer of Heavy Synthetic Cotton Fabrics in the world. At the same year, Heavy Synthetic Cotton Fabrics was the 365th most imported product in Vietnam. Vietnam imports Heavy Synthetic Cotton Fabrics primarily from: China ($51.6M), Japan ($16.9M), South Korea ($16.1M), Malaysia ($10.5M), and Chinese Taipei ($7.95M).

The fastest growing import markets in Heavy Synthetic Cotton Fabrics for Vietnam between 2021 and 2022 were Pakistan ($2.49M), China ($2.45M), and Turkey ($1.82M).

COMPANIES In 2023, leading companies such as David Peyser Sportswear (55), Michael Kors (4), and REI (Recreational Equipment Incorporated) (3) were at the forefront of shipping Heavy Synthetic Cotton Fabrics 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 Heavy Synthetic Cotton Fabrics. 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)$35M
IMPORTS (2022)$127M
NET TRADE (2022)-$92.4M

In 2022, Vietnam exported $35M in Heavy Synthetic Cotton Fabrics. The main destinations of Vietnam exports on Heavy Synthetic Cotton Fabrics were Burma ($7.26M), Bangladesh ($6.71M), Kenya ($4.74M), China ($3.62M), and Indonesia ($2.88M).

In 2022, Vietnam imported $127M in Heavy Synthetic Cotton Fabrics, mainly from China ($51.6M), Japan ($16.9M), South Korea ($16.1M), Malaysia ($10.5M), and Chinese Taipei ($7.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Heavy Synthetic Cotton Fabrics EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Kenya$3.46M (270%)
Indonesia$2.27M (378%)
Germany$747k (172%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Heavy Synthetic Cotton Fabrics BY Vietnam WERE (2021 - 2022):
China-$2.59M (-41.7%)
Laos-$1.77M (-50%)
Bangladesh-$1.14M (-14.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Heavy Synthetic Cotton Fabrics were:
In 2022, Vietnam's main importing competitors in Heavy Synthetic Cotton Fabrics were:

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Trade Value of Heavy Synthetic Cotton Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.13M
TOP IMPORT POTENTIALChina+ $8.73M

Heavy Synthetic Cotton Fabrics’s highest export potential is China. With an export gap of $2.13M.   Heavy Synthetic Cotton Fabrics’s highest import potential is China with an import gap of $8.73M.

See methodology.

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