2022
Exports
$1.67BWorld Rnk 9 / 197
Flag Rnk 29 / 96
2022
PRODUCT COMPLEXITY IN Man-made filaments
0.45Rnk 388 / 1025
2022
Imports
$4.31BWorld Rnk 1 / 219
Flag Rnk 17 / 96
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $1.67B in Man-made filaments, making it the 9th largest exporter of Man-made filaments in the world. At the same year, Man-made filaments was the 29th most exported product in Vietnam. The main destination of Man-made filaments exports from Vietnam are: China ($198M), South Korea ($163M), United States ($154M), Chinese Taipei ($135M), and Bangladesh ($112M).

The fastest growing export markets for Man-made filaments of Vietnam between 2021 and 2022 were United States ($65.5M), Japan ($13.6M), and Romania ($9.18M).

Imports In 2022, Vietnam imported $4.31B in Man-made filaments, becoming the 1st largest importer of Man-made filaments in the world. At the same year, Man-made filaments was the 17th most imported product in Vietnam. Vietnam imports Man-made filaments primarily from: China ($2.5B), Chinese Taipei ($687M), South Korea ($471M), Japan ($305M), and Thailand ($134M).

The fastest growing import markets in Man-made filaments for Vietnam between 2021 and 2022 were China ($341M), Chinese Taipei ($37.1M), and South Korea ($27.6M).

COMPANIES In 2023, leading companies such as Home Depot (114), Hyosung (101), and Old Navy (46) were at the forefront of shipping Man-made filaments 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 Man-made filaments. 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)$1.67B
IMPORTS (2022)$4.31B
NET TRADE (2022)-$2.64B

In 2022, Vietnam exported $1.67B in Man-made filaments. The main destinations of Vietnam exports on Man-made filaments were China ($198M), South Korea ($163M), United States ($154M), Chinese Taipei ($135M), and Bangladesh ($112M).

In 2022, Vietnam imported $4.31B in Man-made filaments, mainly from China ($2.5B), Chinese Taipei ($687M), South Korea ($471M), Japan ($305M), and Thailand ($134M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Man-made filaments EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$65.5M (74%)
Japan$13.6M (27.1%)
Romania$9.18M (45.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Man-made filaments BY Vietnam WERE (2021 - 2022):
China-$83.6M (-29.6%)
Bangladesh-$54.6M (-32.7%)
Brazil-$39.9M (-66.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Man-made filaments were:
In 2022, Vietnam's main importing competitors in Man-made filaments were:

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Trade Value of Man-made filaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $119M
TOP IMPORT POTENTIALChina+ $264M

Man-made filaments’s highest export potential is China. With an export gap of $119M.   Man-made filaments’s highest import potential is China with an import gap of $264M.

See methodology.

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