2022
Exports
$20.9BWorld Rnk 26 / 226
Flag Rnk 4 / 21
2022
PRODUCT COMPLEXITY IN Metals
1.9Rnk 12 / 1025
2022
Imports
$32.3BWorld Rnk 18 / 226
Flag Rnk 2 / 21
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $20.9B in Metals, making it the 26th largest exporter of Metals in the world. At the same year, Metals was the 4th most exported product in Vietnam. The main destination of Metals exports from Vietnam are: United States ($3.99B), South Korea ($1.43B), Japan ($1.38B), Cambodia ($1.26B), and India ($1.13B).

The fastest growing export markets for Metals of Vietnam between 2021 and 2022 were United States ($421M), South Korea ($359M), and India ($352M).

Imports In 2022, Vietnam imported $32.3B in Metals, becoming the 18th largest importer of Metals in the world. At the same year, Metals was the 2nd most imported product in Vietnam. Vietnam imports Metals primarily from: China ($13.9B), South Korea ($3.77B), Japan ($3.19B), Indonesia ($1.65B), and Chinese Taipei ($1.57B).

The fastest growing import markets in Metals for Vietnam between 2021 and 2022 were China ($1.69B), Indonesia ($618M), and Chile ($119M).

COMPANIES In 2023, leading companies such as Stanley Black & Decker (565), Home Depot (521), and Samsung (390) were at the forefront of shipping Metals from Vietnam to the United States.

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 Metals. 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)$20.9B
IMPORTS (2022)$32.3B
NET TRADE (2022)-$11.4B

In 2022, Vietnam exported $20.9B in Metals. The main destinations of Vietnam exports on Metals were United States ($3.99B), South Korea ($1.43B), Japan ($1.38B), Cambodia ($1.26B), and India ($1.13B).

In 2022, Vietnam imported $32.3B in Metals, mainly from China ($13.9B), South Korea ($3.77B), Japan ($3.19B), Indonesia ($1.65B), and Chinese Taipei ($1.57B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metals EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$421M (11.8%)
South Korea$359M (33.7%)
India$352M (45.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metals BY Vietnam WERE (2021 - 2022):
China-$1.53B (-64.7%)
Mexico-$555M (-55.3%)
Belgium-$440M (-54.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Metals were:
In 2022, Vietnam's main importing competitors in Metals were:

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Trade Value of Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $815M
TOP IMPORT POTENTIALChina+ $2.44B

Metals’s highest export potential is China. With an export gap of $815M.   Metals’s highest import potential is China with an import gap of $2.44B.

See methodology.

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