2022
Exports
$20.6MWorld Rnk 39 / 187
Flag Rnk 551 / 1176
2022
PRODUCT COMPLEXITY IN Ink
0.41Rnk 404 / 1025
2022
Imports
$205MWorld Rnk 16 / 222
Flag Rnk 275 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $20.6M in Ink, making it the 39th largest exporter of Ink in the world. At the same year, Ink was the 551st most exported product in Vietnam. The main destination of Ink exports from Vietnam are: China ($3.13M), Slovakia ($2.79M), Cambodia ($2.48M), Czechia ($1.65M), and Indonesia ($1.08M).

The fastest growing export markets for Ink of Vietnam between 2021 and 2022 were Slovakia ($2.78M), China ($710k), and Russia ($650k).

Imports In 2022, Vietnam imported $205M in Ink, becoming the 16th largest importer of Ink in the world. At the same year, Ink was the 275th most imported product in Vietnam. Vietnam imports Ink primarily from: China ($49.4M), Japan ($45.5M), South Korea ($35M), Switzerland ($19.2M), and Chinese Taipei ($14.6M).

The fastest growing import markets in Ink for Vietnam between 2021 and 2022 were South Korea ($3.62M), China ($3.38M), and Japan ($2.19M).

COMPANIES In 2023, leading companies such as IKEA Group (7), At Home Procurement (5), and REI (Recreational Equipment Incorporated) (2) were at the forefront of shipping Ink from Vietnam to the United States.

Latest Trends

Sep 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 Ink. 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)$20.6M
IMPORTS (2022)$205M
NET TRADE (2022)-$184M

In 2022, Vietnam exported $20.6M in Ink. The main destinations of Vietnam exports on Ink were China ($3.13M), Slovakia ($2.79M), Cambodia ($2.48M), Czechia ($1.65M), and Indonesia ($1.08M).

In 2022, Vietnam imported $205M in Ink, mainly from China ($49.4M), Japan ($45.5M), South Korea ($35M), Switzerland ($19.2M), and Chinese Taipei ($14.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ink EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Slovakia$2.78M (39.7k%)
China$710k (29.4%)
Russia$650k (2.01k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ink BY Vietnam WERE (2021 - 2022):
Spain-$2.29M (-73.3%)
Pakistan-$903k (-48.4%)
Saudi Arabia-$614k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ink by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.76M
TOP IMPORT POTENTIALChina+ $13M

Ink’s highest export potential is China. With an export gap of $3.76M.   Ink’s highest import potential is China with an import gap of $13M.

See methodology.

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