About

Exports In 2022, Vietnam exported $197k in Nitric Acids, making it the 47th largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 1033rd most exported product in Vietnam. The main destination of Nitric Acids exports from Vietnam are: Laos ($81.6k), Cambodia ($78.1k), Japan ($35.4k), and Indonesia ($1.62k).

The fastest growing export markets for Nitric Acids of Vietnam between 2021 and 2022 were Laos ($46.3k), Japan ($35.4k), and Cambodia ($26.3k).

Imports In 2022, Vietnam imported $11.5M in Nitric Acids, becoming the 14th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 820th most imported product in Vietnam. Vietnam imports Nitric Acids primarily from: South Korea ($8.62M), China ($2.15M), Malaysia ($312k), Thailand ($268k), and Singapore ($70.2k).

The fastest growing import markets in Nitric Acids for Vietnam between 2021 and 2022 were South Korea ($2.55M), China ($838k), and Malaysia ($253k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Nitric Acids. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$197k
IMPORTS (2022)$11.5M
NET TRADE (2022)-$11.3M

In 2022, Vietnam exported $197k in Nitric Acids. The main destinations of Vietnam exports on Nitric Acids were Laos ($81.6k), Cambodia ($78.1k), Japan ($35.4k), and Indonesia ($1.62k).

In 2022, Vietnam imported $11.5M in Nitric Acids, mainly from South Korea ($8.62M), China ($2.15M), Malaysia ($312k), Thailand ($268k), and Singapore ($70.2k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Laos$46.3k (131%)
Japan$35.4k (1%)
Cambodia$26.3k (50.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Vietnam WERE (2021 - 2022):Malaysia-$85k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Vietnam's main exporting competitors in Nitric Acids were:
In 2022, Vietnam's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

Explore Visualizations

Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $31.4k
TOP IMPORT POTENTIALChina+ $231k

Nitric Acids’s highest export potential is Japan. With an export gap of $31.4k.   Nitric Acids’s highest import potential is China with an import gap of $231k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with