2022
Exports
$42.9MWorld Rnk 37 / 155
Flag Rnk 425 / 1176
2022
PRODUCT COMPLEXITY IN Margarine
-0.83Rnk 786 / 1025
2022
Imports
$73.4MWorld Rnk 30 / 219
Flag Rnk 484 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $42.9M in Margarine, making it the 37th largest exporter of Margarine in the world. At the same year, Margarine was the 425th most exported product in Vietnam. The main destination of Margarine exports from Vietnam are: Cambodia ($34.3M), Laos ($7.76M), Chinese Taipei ($445k), China ($297k), and United States ($51.8k).

The fastest growing export markets for Margarine of Vietnam between 2021 and 2022 were Cambodia ($6.32M), Laos ($621k), and Chinese Taipei ($60k).

Imports In 2022, Vietnam imported $73.4M in Margarine, becoming the 30th largest importer of Margarine in the world. At the same year, Margarine was the 484th most imported product in Vietnam. Vietnam imports Margarine primarily from: Indonesia ($35.3M), Malaysia ($16.4M), South Korea ($5.59M), Australia ($5.48M), and Singapore ($2.91M).

The fastest growing import markets in Margarine for Vietnam between 2021 and 2022 were Indonesia ($3.9M), Malaysia ($3.9M), and Singapore ($1.04M).

Latest Trends

Nov 2024

Subnational Monthly Trade

View
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 Margarine. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$42.9M
IMPORTS (2022)$73.4M
NET TRADE (2022)-$30.5M

In 2022, Vietnam exported $42.9M in Margarine. The main destinations of Vietnam exports on Margarine were Cambodia ($34.3M), Laos ($7.76M), Chinese Taipei ($445k), China ($297k), and United States ($51.8k).

In 2022, Vietnam imported $73.4M in Margarine, mainly from Indonesia ($35.3M), Malaysia ($16.4M), South Korea ($5.59M), Australia ($5.48M), and Singapore ($2.91M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Cambodia$6.32M (22.6%)
Laos$621k (8.7%)
Chinese Taipei$60k (15.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Vietnam WERE (2021 - 2022):
China-$627k (-67.9%)
Japan-$57.3k (-83.1%)
United States-$32.9k (-38.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Vietnam's main exporting competitors in Margarine were:
In 2022, Vietnam's main importing competitors in Margarine were:
China $1.33B

Explore Visualizations

Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.43M
TOP IMPORT POTENTIALIndonesia+ $3.73M

Margarine’s highest export potential is China. With an export gap of $1.43M.   Margarine’s highest import potential is Indonesia with an import gap of $3.73M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with