2023
Exports
$358MWorld Rnk 8 / 173
Flag Rnk 139 / 1173
2023
PRODUCT COMPLEXITY IN Mirrors and Lenses
1.54Rnk 37 / 1025
2023
Imports
$972MWorld Rnk 7 / 217
Flag Rnk 51 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $358M in Mirrors and Lenses, making it the 8th largest exporter of Mirrors and Lenses in the world. At the same year, Mirrors and Lenses was the 139th most exported product in Vietnam. The main destination of Mirrors and Lenses exports from Vietnam are: China ($177M), United States ($60.6M), Germany ($49.2M), Hong Kong ($15.9M), and Philippines ($11.2M).

The fastest growing export markets for Mirrors and Lenses of Vietnam between 2022 and 2023 were China ($40.3M), Germany ($11.5M), and Philippines ($10.3M).

Imports In 2023, Vietnam imported $972M in Mirrors and Lenses, becoming the 7th largest importer of Mirrors and Lenses in the world. At the same year, Mirrors and Lenses was the 51st most imported product in Vietnam. Vietnam imports Mirrors and Lenses primarily from: Chinese Taipei ($478M), China ($415M), Hong Kong ($51.5M), Thailand ($9.6M), and Japan ($8.97M).

The fastest growing import markets in Mirrors and Lenses for Vietnam between 2022 and 2023 were Chinese Taipei ($88.9M), Hong Kong ($50.8M), and Thailand ($5.55M).

COMPANIES In 2024, leading companies such as Office Star Products (4), Rooms To Go (1), and Samsung (1) were at the forefront of shipping Mirrors and Lenses from Vietnam to the United States.

Latest Trends

Dec 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 (2023)$358M
IMPORTS (2023)$972M
NET TRADE (2023)-$614M

In 2023, Vietnam exported $358M in Mirrors and Lenses. The main destinations of Vietnam exports on Mirrors and Lenses were China ($177M), United States ($60.6M), Germany ($49.2M), Hong Kong ($15.9M), and Philippines ($11.2M).

In 2023, Vietnam imported $972M in Mirrors and Lenses, mainly from Chinese Taipei ($478M), China ($415M), Hong Kong ($51.5M), Thailand ($9.6M), and Japan ($8.97M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mirrors and Lenses EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
China$40.3M (29.6%)
Germany$11.5M (30.5%)
Philippines$10.3M (1.14k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mirrors and Lenses BY Vietnam WERE (2022 - 2023):
Japan-$35.9M (-100%)
South Korea-$17.7M (-100%)
Malaysia-$2.45M (-44.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Mirrors and Lenses were:
In 2023, 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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