2022
Exports
$920MWorld Rnk 3 / 200
Flag Rnk 75 / 1176
2022
PRODUCT COMPLEXITY IN Knit Men's Shirts
-1.58Rnk 957 / 1025
2022
Imports
$29.6MWorld Rnk 44 / 222
Flag Rnk 660 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $920M in Knit Men's Shirts, making it the 3rd largest exporter of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 75th most exported product in Vietnam. The main destination of Knit Men's Shirts exports from Vietnam are: United States ($472M), Japan ($106M), South Korea ($76.9M), Germany ($31M), and Canada ($28.7M).

The fastest growing export markets for Knit Men's Shirts of Vietnam between 2021 and 2022 were United States ($202M), Japan ($28.1M), and Netherlands ($14.6M).

Imports In 2022, Vietnam imported $29.6M in Knit Men's Shirts, becoming the 44th largest importer of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 660th most imported product in Vietnam. Vietnam imports Knit Men's Shirts primarily from: China ($15M), Singapore ($4.79M), Hong Kong ($3M), Germany ($1.09M), and South Korea ($945k).

The fastest growing import markets in Knit Men's Shirts for Vietnam between 2021 and 2022 were China ($8.19M), Singapore ($1.13M), and Hong Kong ($1.08M).

COMPANIES In 2023, leading companies such as Gap (76), PVH (Phillips-Van Heusen Corporation) (28), and Banana Republic (19) were at the forefront of shipping Knit Men's Shirts 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 Knit Men's Shirts. 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)$920M
IMPORTS (2022)$29.6M
NET TRADE (2022)$891M

In 2022, Vietnam exported $920M in Knit Men's Shirts. The main destinations of Vietnam exports on Knit Men's Shirts were United States ($472M), Japan ($106M), South Korea ($76.9M), Germany ($31M), and Canada ($28.7M).

In 2022, Vietnam imported $29.6M in Knit Men's Shirts, mainly from China ($15M), Singapore ($4.79M), Hong Kong ($3M), Germany ($1.09M), and South Korea ($945k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Shirts EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$202M (74.5%)
Japan$28.1M (36%)
Netherlands$14.6M (144%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Shirts BY Vietnam WERE (2021 - 2022):
Austria-$7.83M (-97.9%)
Spain-$2.86M (-30.8%)
Czechia-$1.37M (-53.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Knit Men's Shirts were:
In 2022, Vietnam's main importing competitors in Knit Men's Shirts were:

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Trade Value of Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $21.9M
TOP IMPORT POTENTIALChina+ $6.77M

Knit Men's Shirts’s highest export potential is China. With an export gap of $21.9M.   Knit Men's Shirts’s highest import potential is China with an import gap of $6.77M.

See methodology.

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