2022
Exports
$17.5BWorld Rnk 3 / 226
Flag Rnk 5 / 96
2022
PRODUCT COMPLEXITY IN Non-knitted clothing accesories
-0.62Rnk 737 / 1025
2022
Imports
$1.6BWorld Rnk 29 / 226
Flag Rnk 39 / 96
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $17.5B in Non-knitted clothing accesories, making it the 3rd largest exporter of Non-knitted clothing accesories in the world. At the same year, Non-knitted clothing accesories was the 5th most exported product in Vietnam. The main destination of Non-knitted clothing accesories exports from Vietnam are: United States ($7.37B), South Korea ($2.07B), Japan ($1.75B), Germany ($802M), and Canada ($637M).

The fastest growing export markets for Non-knitted clothing accesories of Vietnam between 2021 and 2022 were United States ($1.05B), Japan ($248M), and Germany ($246M).

Imports In 2022, Vietnam imported $1.6B in Non-knitted clothing accesories, becoming the 29th largest importer of Non-knitted clothing accesories in the world. At the same year, Non-knitted clothing accesories was the 39th most imported product in Vietnam. Vietnam imports Non-knitted clothing accesories primarily from: China ($1.22B), South Korea ($182M), Chinese Taipei ($30.4M), Spain ($26.3M), and Singapore ($21.6M).

The fastest growing import markets in Non-knitted clothing accesories for Vietnam between 2021 and 2022 were China ($250M), Spain ($7.3M), and United Arab Emirates ($5.96M).

COMPANIES In 2023, leading companies such as Old Navy (2.42k), Gap (925), and Banana Republic (503) were at the forefront of shipping Non-knitted clothing accesories from Vietnam to the United States.

Latest Trends

Jul 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 Non-knitted clothing accesories. 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)$17.5B
IMPORTS (2022)$1.6B
NET TRADE (2022)$15.9B

In 2022, Vietnam exported $17.5B in Non-knitted clothing accesories. The main destinations of Vietnam exports on Non-knitted clothing accesories were United States ($7.37B), South Korea ($2.07B), Japan ($1.75B), Germany ($802M), and Canada ($637M).

In 2022, Vietnam imported $1.6B in Non-knitted clothing accesories, mainly from China ($1.22B), South Korea ($182M), Chinese Taipei ($30.4M), Spain ($26.3M), and Singapore ($21.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-knitted clothing accesories EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$1.05B (16.6%)
Japan$248M (16.5%)
Germany$246M (44.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-knitted clothing accesories BY Vietnam WERE (2021 - 2022):
Russia-$78.3M (-39.9%)
Austria-$53M (-71.5%)
China-$21.9M (-4.16%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Non-knitted clothing accesories were:
In 2022, Vietnam's main importing competitors in Non-knitted clothing accesories were:

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Trade Value of Non-knitted clothing accesories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $480M
TOP IMPORT POTENTIALChina+ $344M

Non-knitted clothing accesories’s highest export potential is China. With an export gap of $480M.   Non-knitted clothing accesories’s highest import potential is China with an import gap of $344M.

See methodology.

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