2022
Exports
$287MWorld Rnk 10 / 180
Flag Rnk 183 / 1176
2022
PRODUCT COMPLEXITY IN Mirrors and Lenses
1.49Rnk 54 / 1025
2022
Imports
$1.19BWorld Rnk 5 / 215
Flag Rnk 52 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $287M in Mirrors and Lenses, making it the 10th largest exporter of Mirrors and Lenses in the world. At the same year, Mirrors and Lenses was the 183rd most exported product in Vietnam. The main destination of Mirrors and Lenses exports from Vietnam are: China ($129M), United States ($47.6M), Japan ($27M), Germany ($18M), and South Korea ($13.5M).

The fastest growing export markets for Mirrors and Lenses of Vietnam between 2021 and 2022 were United States ($16.1M), United Kingdom ($1.63M), and Germany ($1.25M).

Imports In 2018, Vietnam imported $1.19B in Mirrors and Lenses, becoming the 5th largest importer of Mirrors and Lenses in the world. At the same year, Mirrors and Lenses was the 52nd most imported product in Vietnam. Vietnam imports Mirrors and Lenses primarily from: China ($543M), Chinese Taipei ($485M), South Korea ($100M), Japan ($39.7M), and Thailand ($6.74M).

The fastest growing import markets in Mirrors and Lenses for Vietnam between 2021 and 2022 were China ($351M), Japan ($3.56M), and United Arab Emirates ($2.84M).

COMPANIES In 2023, leading companies such as Ashley Furniture (6), Coaster Fine Furniture (1), and Samsung (1) were at the forefront of shipping Mirrors and Lenses 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 Mirrors and Lenses. 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)$287M
IMPORTS (2022)$1.19B
NET TRADE (2022)-$898M

In 2022, Vietnam exported $287M in Mirrors and Lenses. The main destinations of Vietnam exports on Mirrors and Lenses were China ($129M), United States ($47.6M), Japan ($27M), Germany ($18M), and South Korea ($13.5M).

In 2022, Vietnam imported $1.19B in Mirrors and Lenses, mainly from China ($543M), Chinese Taipei ($485M), South Korea ($100M), Japan ($39.7M), and Thailand ($6.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mirrors and Lenses EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$16.1M (51.2%)
United Kingdom$1.63M (633%)
Germany$1.25M (7.43%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mirrors and Lenses BY Vietnam WERE (2021 - 2022):
China-$82.5M (-39%)
South Korea-$26.4M (-66.1%)
Chinese Taipei-$13.5M (-60.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Mirrors and Lenses were:
In 2022, Vietnam's main importing competitors in Mirrors and Lenses were:

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Trade Value of Mirrors and Lenses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $63.4M
TOP IMPORT POTENTIALChina+ $17.9M

Mirrors and Lenses’s highest export potential is China. With an export gap of $63.4M.   Mirrors and Lenses’s highest import potential is China with an import gap of $17.9M.

See methodology.

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