2022
Exports
$230MWorld Rnk 8 / 131
Flag Rnk 201 / 1176
2022
PRODUCT COMPLEXITY IN Large Coated Flat-Rolled Iron
0.57Rnk 337 / 1025
2022
Imports
$131MWorld Rnk 14 / 213
Flag Rnk 359 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $230M in Large Coated Flat-Rolled Iron, making it the 8th largest exporter of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 201st most exported product in Vietnam. The main destination of Large Coated Flat-Rolled Iron exports from Vietnam are: Indonesia ($66.2M), Australia ($62.5M), Malaysia ($31.6M), United States ($23.1M), and Ireland ($6.38M).

The fastest growing export markets for Large Coated Flat-Rolled Iron of Vietnam between 2021 and 2022 were Australia ($42.2M), Ireland ($5.12M), and Belgium ($1.96M).

Imports In 2022, Vietnam imported $131M in Large Coated Flat-Rolled Iron, becoming the 14th largest importer of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 359th most imported product in Vietnam. Vietnam imports Large Coated Flat-Rolled Iron primarily from: China ($111M), South Korea ($8.44M), Japan ($8.18M), United States ($1.32M), and Chinese Taipei ($957k).

The fastest growing import markets in Large Coated Flat-Rolled Iron for Vietnam between 2021 and 2022 were China ($75.6M), South Korea ($1.71M), and United States ($344k).

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 Large Coated Flat-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

Trade Balance

Color
EXPORTS (2022)$230M
IMPORTS (2022)$131M
NET TRADE (2022)$99.5M

In 2022, Vietnam exported $230M in Large Coated Flat-Rolled Iron. The main destinations of Vietnam exports on Large Coated Flat-Rolled Iron were Indonesia ($66.2M), Australia ($62.5M), Malaysia ($31.6M), United States ($23.1M), and Ireland ($6.38M).

In 2022, Vietnam imported $131M in Large Coated Flat-Rolled Iron, mainly from China ($111M), South Korea ($8.44M), Japan ($8.18M), United States ($1.32M), and Chinese Taipei ($957k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Coated Flat-Rolled Iron EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Australia$42.2M (208%)
Ireland$5.12M (406%)
Belgium$1.96M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Coated Flat-Rolled Iron BY Vietnam WERE (2021 - 2022):
Cambodia-$30.6M (-85.9%)
Indonesia-$6.55M (-9.01%)
United States-$4.72M (-17%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Large Coated Flat-Rolled Iron were:
In 2022, Vietnam's main importing competitors in Large Coated Flat-Rolled Iron were:

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Trade Value of Large Coated Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.26M
TOP IMPORT POTENTIALChina+ $25M

Large Coated Flat-Rolled Iron’s highest export potential is United States. With an export gap of $7.26M.   Large Coated Flat-Rolled Iron’s highest import potential is China with an import gap of $25M.

See methodology.

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