Exports In 2023, Vietnam exported $44.4B in Machinery, mechanical appliances, & parts, making it the 14th largest exporter of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 2nd most exported product in Vietnam. The main destination of Machinery, mechanical appliances, & parts exports from Vietnam are: United States ($16.6B), China ($7.86B), Hong Kong ($1.8B), Japan ($1.68B), and Netherlands ($1.61B).
The fastest growing export markets for Machinery, mechanical appliances, & parts of Vietnam between 2022 and 2023 were United States ($4.55B), China ($2.72B), and Canada ($533M).
Imports In 2023, Vietnam imported $26B in Machinery, mechanical appliances, & parts, becoming the 29th largest importer of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 2nd most imported product in Vietnam. Vietnam imports Machinery, mechanical appliances, & parts primarily from: China ($14.7B), Japan ($2.09B), Hong Kong ($1.41B), Thailand ($1.35B), and Singapore ($1.23B).
The fastest growing import markets in Machinery, mechanical appliances, & parts for Vietnam between 2022 and 2023 were China ($1.12B), Hong Kong ($852M), and Philippines ($480M).
COMPANIES In 2024, leading companies such as LG Electronics (2.35k), Nike (1.18k), and Samsung (830) were at the forefront of shipping Machinery, mechanical appliances, & parts from Vietnam to the United States.