2022
Exports
$531kWorld Rnk 46 / 175
Flag Rnk 968 / 1176
2022
PRODUCT COMPLEXITY IN Knotted Carpets
-1.05Rnk 848 / 1025
2022
Imports
$3.48MWorld Rnk 31 / 207
Flag Rnk 988 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $531k in Knotted Carpets, making it the 46th largest exporter of Knotted Carpets in the world. At the same year, Knotted Carpets was the 968th most exported product in Vietnam. The main destination of Knotted Carpets exports from Vietnam are: United States ($280k), Burma ($170k), South Korea ($25.1k), United Arab Emirates ($11k), and Japan ($9.45k).

The fastest growing export markets for Knotted Carpets of Vietnam between 2021 and 2022 were United States ($174k), Burma ($170k), and South Korea ($25k).

Imports In 2022, Vietnam imported $3.48M in Knotted Carpets, becoming the 31st largest importer of Knotted Carpets in the world. At the same year, Knotted Carpets was the 988th most imported product in Vietnam. Vietnam imports Knotted Carpets primarily from: China ($2.75M), India ($443k), Italy ($104k), Spain ($51.3k), and Denmark ($48.3k).

The fastest growing import markets in Knotted Carpets for Vietnam between 2021 and 2022 were China ($1.26M), India ($322k), and Italy ($72k).

Latest Trends

Oct 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 Knotted Carpets. 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)$531k
IMPORTS (2022)$3.48M
NET TRADE (2022)-$2.95M

In 2022, Vietnam exported $531k in Knotted Carpets. The main destinations of Vietnam exports on Knotted Carpets were United States ($280k), Burma ($170k), South Korea ($25.1k), United Arab Emirates ($11k), and Japan ($9.45k).

In 2022, Vietnam imported $3.48M in Knotted Carpets, mainly from China ($2.75M), India ($443k), Italy ($104k), Spain ($51.3k), and Denmark ($48.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knotted Carpets EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$174k (163%)
Burma$170k (1%)
South Korea$25k (24.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knotted Carpets BY Vietnam WERE (2021 - 2022):
Cambodia-$33.2k (-97.9%)
France-$22.2k (-100%)
Italy-$3.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knotted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $236k
TOP IMPORT POTENTIALIndia+ $505k

Knotted Carpets’s highest export potential is United States. With an export gap of $236k.   Knotted Carpets’s highest import potential is India with an import gap of $505k.

See methodology.

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