2023
Exports
$7.16MWorld Rnk 53 / 166
Flag Rnk 93 / 96
2023
PRODUCT COMPLEXITY IN Nickel articles
1.36Rnk 67 / 1025
2023
Imports
$115MWorld Rnk 33 / 207
Flag Rnk 82 / 96
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $7.16M in Nickel articles, making it the 53rd largest exporter of Nickel articles in the world. At the same year, Nickel articles was the 93rd most exported product in Vietnam. The main destination of Nickel articles exports from Vietnam are: China ($4.71M), Malaysia ($768k), France ($517k), India ($313k), and United States ($251k).

The fastest growing export markets for Nickel articles of Vietnam between 2022 and 2023 were Malaysia ($357k), Cambodia ($141k), and Saudi Arabia ($23.9k).

Imports In 2023, Vietnam imported $115M in Nickel articles, becoming the 33rd largest importer of Nickel articles in the world. At the same year, Nickel articles was the 82nd most imported product in Vietnam. Vietnam imports Nickel articles primarily from: China ($51.9M), United States ($25.8M), Malaysia ($8.01M), Singapore ($7.67M), and Japan ($6.23M).

The fastest growing import markets in Nickel articles for Vietnam between 2022 and 2023 were China ($33M), United States ($5.67M), and Singapore ($2.52M).

COMPANIES In 2024, leading companies such as Halyard Health (8), YAMAHA CORPORATION OF AMERICA (2), and Cotton On (2) were at the forefront of shipping Nickel articles 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 Nickel articles. 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)$7.16M
IMPORTS (2023)$115M
NET TRADE (2023)-$108M

In 2023, Vietnam exported $7.16M in Nickel articles. The main destinations of Vietnam exports on Nickel articles were China ($4.71M), Malaysia ($768k), France ($517k), India ($313k), and United States ($251k).

In 2023, Vietnam imported $115M in Nickel articles, mainly from China ($51.9M), United States ($25.8M), Malaysia ($8.01M), Singapore ($7.67M), and Japan ($6.23M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nickel articles EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Malaysia$357k (86.8%)
Cambodia$141k (1%)
Saudi Arabia$23.9k (54.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel articles BY Vietnam WERE (2022 - 2023):
South Korea-$2.58M (-100%)
Germany-$2.15M (-99.8%)
France-$1.01M (-66.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Nickel articles were:
In 2023, Vietnam's main importing competitors in Nickel articles were:

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Trade Value of Nickel articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.18M
TOP IMPORT POTENTIALChina+ $6.31M

Nickel articles’s highest export potential is China. With an export gap of $5.18M.   Nickel articles’s highest import potential is China with an import gap of $6.31M.

See methodology.

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