HS Icon Hot-Rolled Iron in  Flag Vietnam

2020
Exports | Imports
: $396M | $3.25B, World Rnk 22 / 143
Flag Rnk 109 / 1171 | World Rnk 2 / 211
Flag Rnk 9 / 1208

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $101M | $185M, China |  Russia


ECONOMIC COMPLEXITY of Vietnam
: -0.057, Rnk 61 / 127


PRODUCT COMPLEXITY  IN Hot-Rolled Iron
: 0.38, Rnk 410 / 1028

Exports In 2020, Vietnam exported $396M in Hot-Rolled Iron, making it the 22nd largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 109th most exported product in Vietnam. The main destination of Hot-Rolled Iron exports from Vietnam are: Malaysia ($110M), China ($101M), Indonesia ($62M), Thailand ($55.1M), and Cambodia ($32.1M).

The fastest growing export markets for Hot-Rolled Iron of Vietnam between 2019 and 2020 were China ($101M), Brazil ($8.3M), and Cambodia ($5.13M).

Imports In 2020, Vietnam imported $3.25B in Hot-Rolled Iron, becoming the 2nd largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 9th most imported product in Vietnam. Vietnam imports Hot-Rolled Iron primarily from: India ($1.01B), Japan ($702M), Chinese Taipei ($627M), South Korea ($469M), and Russia ($295M).

The fastest growing import markets in Hot-Rolled Iron for Vietnam between 2019 and 2020 were Russia ($185M), Japan ($115M), and Saudi Arabia ($23M).

Subnational Monthly Trade

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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 Hot-Rolled Iron. 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

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EXPORTS (2020): $396M

IMPORTS (2020): $3.25B

NET TRADE (2020): -$2.85B

In 2020, Vietnam exported $396M in Hot-Rolled Iron. The main destinations of Vietnam exports on Hot-Rolled Iron were Malaysia ($110M), China ($101M), Indonesia ($62M), Thailand ($55.1M), and Cambodia ($32.1M).

In 2020, Vietnam imported $3.25B in Hot-Rolled Iron, mainly from India ($1.01B), Japan ($702M), Chinese Taipei ($627M), South Korea ($469M), and Russia ($295M).

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IN 2020, Vietnam HAD A POSITIVE NET TRADE IN Hot-Rolled Iron WITH:

IN 2020, Vietnam HAD A NEGATIVE NET TRADE IN Hot-Rolled Iron WITH:

Flow

THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR Vietnam WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Vietnam WERE (2019 - 2020):

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Market Concentration

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In 2019, Vietnam's main exporting competitors in Hot-Rolled Iron were:

In 2019, Vietnam's main importing competitors in Hot-Rolled Iron were:

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