2022
Exports
$1.61MWorld Rnk 38 / 163
Flag Rnk 874 / 1176
2022
PRODUCT COMPLEXITY IN Laboratory Glassware
0.58Rnk 327 / 1025
2022
Imports
$5.73MWorld Rnk 37 / 212
Flag Rnk 927 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $1.61M in Laboratory Glassware, making it the 38th largest exporter of Laboratory Glassware in the world. At the same year, Laboratory Glassware was the 874th most exported product in Vietnam. The main destination of Laboratory Glassware exports from Vietnam are: Indonesia ($1.47M), United Kingdom ($86.5k), Laos ($18.4k), Cambodia ($15.9k), and Finland ($3.34k).

The fastest growing export markets for Laboratory Glassware of Vietnam between 2021 and 2022 were Indonesia ($1.2M), United Kingdom ($86.5k), and Laos ($13.9k).

Imports In 2022, Vietnam imported $5.73M in Laboratory Glassware, becoming the 37th largest importer of Laboratory Glassware in the world. At the same year, Laboratory Glassware was the 927th most imported product in Vietnam. Vietnam imports Laboratory Glassware primarily from: China ($1.71M), United States ($1.21M), Germany ($1.14M), India ($288k), and Singapore ($257k).

The fastest growing import markets in Laboratory Glassware for Vietnam between 2021 and 2022 were United States ($474k), China ($243k), and Turkey ($125k).

COMPANIES In 2023, leading companies such as Home Depot (152), HP Inc (2), and CITY Furniture (2) were at the forefront of shipping Laboratory Glassware 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 Laboratory Glassware. 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)$1.61M
IMPORTS (2022)$5.73M
NET TRADE (2022)-$4.12M

In 2022, Vietnam exported $1.61M in Laboratory Glassware. The main destinations of Vietnam exports on Laboratory Glassware were Indonesia ($1.47M), United Kingdom ($86.5k), Laos ($18.4k), Cambodia ($15.9k), and Finland ($3.34k).

In 2022, Vietnam imported $5.73M in Laboratory Glassware, mainly from China ($1.71M), United States ($1.21M), Germany ($1.14M), India ($288k), and Singapore ($257k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Glassware EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Indonesia$1.2M (442%)
United Kingdom$86.5k (1%)
Laos$13.9k (311%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Glassware BY Vietnam WERE (2021 - 2022):
Singapore-$6.15M (-100%)
Germany-$101k (-100%)
Switzerland-$85.4k (-96.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Laboratory Glassware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $65.9k
TOP IMPORT POTENTIALChina+ $1.06M

Laboratory Glassware’s highest export potential is United Kingdom. With an export gap of $65.9k.   Laboratory Glassware’s highest import potential is China with an import gap of $1.06M.

See methodology.

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