2022
Exports
$1.46MWorld Rnk 45 / 93
Flag Rnk 884 / 1176
2022
PRODUCT COMPLEXITY IN Metalworking Transfer Machines
2.21Rnk 2 / 1025
2022
Imports
$174MWorld Rnk 14 / 169
Flag Rnk 303 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $1.46M in Metalworking Transfer Machines, making it the 45th largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 884th most exported product in Vietnam. The main destination of Metalworking Transfer Machines exports from Vietnam are: India ($708k), South Korea ($569k), Japan ($90.1k), Indonesia ($52.8k), and Chile ($35.1k).

The fastest growing export markets for Metalworking Transfer Machines of Vietnam between 2021 and 2022 were India ($668k), Indonesia ($52.8k), and Canada ($1.65k).

Imports In 2022, Vietnam imported $174M in Metalworking Transfer Machines, becoming the 14th largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 303rd most imported product in Vietnam. Vietnam imports Metalworking Transfer Machines primarily from: China ($56.9M), Japan ($49.8M), Chinese Taipei ($31.6M), South Korea ($22.4M), and Singapore ($7.09M).

The fastest growing import markets in Metalworking Transfer Machines for Vietnam between 2021 and 2022 were China ($22.8M), Chinese Taipei ($11.9M), and Singapore ($1M).

COMPANIES In 2023, leading companies such as Office Star Products (1) were at the forefront of shipping Metalworking Transfer Machines 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 Metalworking Transfer Machines. 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)$1.46M
IMPORTS (2022)$174M
NET TRADE (2022)-$173M

In 2022, Vietnam exported $1.46M in Metalworking Transfer Machines. The main destinations of Vietnam exports on Metalworking Transfer Machines were India ($708k), South Korea ($569k), Japan ($90.1k), Indonesia ($52.8k), and Chile ($35.1k).

In 2022, Vietnam imported $174M in Metalworking Transfer Machines, mainly from China ($56.9M), Japan ($49.8M), Chinese Taipei ($31.6M), South Korea ($22.4M), and Singapore ($7.09M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Transfer Machines EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
India$668k (1.68k%)
Indonesia$52.8k (1%)
Canada$1.65k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Transfer Machines BY Vietnam WERE (2021 - 2022):
South Korea-$952k (-62.6%)
Japan-$508k (-84.9%)
Russia-$450k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Metalworking Transfer Machines were:
In 2022, Vietnam's main importing competitors in Metalworking Transfer Machines were:

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Trade Value of Metalworking Transfer Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $428k
TOP IMPORT POTENTIALChina+ $4.69M

Metalworking Transfer Machines’s highest export potential is India. With an export gap of $428k.   Metalworking Transfer Machines’s highest import potential is China with an import gap of $4.69M.

See methodology.

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