2023
Exports
$1.14BWorld Rnk 4 / 185
Flag Rnk 62 / 1173
2023
PRODUCT COMPLEXITY IN Light Rubberized Knitted Fabric
-0.42Rnk 672 / 1025
2023
Imports
$5.08BWorld Rnk 1 / 212
Flag Rnk 5 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $1.14B in Light Rubberized Knitted Fabric, making it the 4th largest exporter of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 62nd most exported product in Vietnam. The main destination of Light Rubberized Knitted Fabric exports from Vietnam are: Cambodia ($639M), Indonesia ($182M), Thailand ($78M), China ($56M), and Jordan ($32.9M).

The fastest growing export markets for Light Rubberized Knitted Fabric of Vietnam between 2022 and 2023 were Lesotho ($8.4M), Nicaragua ($3.36M), and United States ($3.11M).

Imports In 2023, Vietnam imported $5.08B in Light Rubberized Knitted Fabric, becoming the 1st largest importer of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 5th most imported product in Vietnam. Vietnam imports Light Rubberized Knitted Fabric primarily from: China ($3.91B), Chinese Taipei ($625M), Japan ($135M), Hong Kong ($106M), and Thailand ($100M).

The fastest growing import markets in Light Rubberized Knitted Fabric for Vietnam between 2022 and 2023 were China ($439M), Hong Kong ($80.3M), and Japan ($17.5M).

Latest Trends

Dec 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 Light Rubberized Knitted Fabric. 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 (2023)$1.14B
IMPORTS (2023)$5.08B
NET TRADE (2023)-$3.94B

In 2023, Vietnam exported $1.14B in Light Rubberized Knitted Fabric. The main destinations of Vietnam exports on Light Rubberized Knitted Fabric were Cambodia ($639M), Indonesia ($182M), Thailand ($78M), China ($56M), and Jordan ($32.9M).

In 2023, Vietnam imported $5.08B in Light Rubberized Knitted Fabric, mainly from China ($3.91B), Chinese Taipei ($625M), Japan ($135M), Hong Kong ($106M), and Thailand ($100M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Light Rubberized Knitted Fabric EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Lesotho$8.4M (539%)
Nicaragua$3.36M (34.4%)
United States$3.11M (80.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Light Rubberized Knitted Fabric BY Vietnam WERE (2022 - 2023):
Cambodia-$136M (-17.6%)
China-$49.6M (-47%)
Bangladesh-$37.4M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Light Rubberized Knitted Fabric were:
In 2023, Vietnam's main importing competitors in Light Rubberized Knitted Fabric were:

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Trade Value of Light Rubberized Knitted Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $289k
TOP IMPORT POTENTIALChina+ $419k

Light Rubberized Knitted Fabric’s highest export potential is China. With an export gap of $289k.   Light Rubberized Knitted Fabric’s highest import potential is China with an import gap of $419k.

See methodology.

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