2023
Exports
$1.69MWorld Rnk 47 / 139
Flag Rnk 813 / 1173
2023
PRODUCT COMPLEXITY IN Non-Mechanical Removal Machinery
1.8Rnk 15 / 1025
2023
Imports
$192MWorld Rnk 12 / 202
Flag Rnk 255 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $1.69M in Non-Mechanical Removal Machinery, making it the 47th largest exporter of Non-Mechanical Removal Machinery in the world. At the same year, Non-Mechanical Removal Machinery was the 813th most exported product in Vietnam. The main destination of Non-Mechanical Removal Machinery exports from Vietnam are: Japan ($564k), United States ($376k), Thailand ($251k), Hungary ($125k), and Malaysia ($116k).

The fastest growing export markets for Non-Mechanical Removal Machinery of Vietnam between 2022 and 2023 were United States ($344k), Japan ($258k), and Thailand ($240k).

Imports In 2023, Vietnam imported $192M in Non-Mechanical Removal Machinery, becoming the 12th largest importer of Non-Mechanical Removal Machinery in the world. At the same year, Non-Mechanical Removal Machinery was the 255th most imported product in Vietnam. Vietnam imports Non-Mechanical Removal Machinery primarily from: China ($120M), Japan ($49.7M), Singapore ($4.39M), Chinese Taipei ($4.19M), and Germany ($3.51M).

The fastest growing import markets in Non-Mechanical Removal Machinery for Vietnam between 2022 and 2023 were China ($20.5M), Japan ($13M), and India ($851k).

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 Non-Mechanical Removal Machinery. 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)$1.69M
IMPORTS (2023)$192M
NET TRADE (2023)-$190M

In 2023, Vietnam exported $1.69M in Non-Mechanical Removal Machinery. The main destinations of Vietnam exports on Non-Mechanical Removal Machinery were Japan ($564k), United States ($376k), Thailand ($251k), Hungary ($125k), and Malaysia ($116k).

In 2023, Vietnam imported $192M in Non-Mechanical Removal Machinery, mainly from China ($120M), Japan ($49.7M), Singapore ($4.39M), Chinese Taipei ($4.19M), and Germany ($3.51M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Mechanical Removal Machinery EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
United States$344k (1.09k%)
Japan$258k (84%)
Thailand$240k (2.17k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Mechanical Removal Machinery BY Vietnam WERE (2022 - 2023):
South Korea-$2.79M (-100%)
China-$1.51M (-100%)
Mexico-$1.26M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Non-Mechanical Removal Machinery were:
China $1.97B
Germany $1.22B
Japan $1.11B
In 2023, Vietnam's main importing competitors in Non-Mechanical Removal Machinery were:

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Trade Value of Non-Mechanical Removal Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.62M
TOP IMPORT POTENTIALChina+ $29.8M

Non-Mechanical Removal Machinery’s highest export potential is China. With an export gap of $2.62M.   Non-Mechanical Removal Machinery’s highest import potential is China with an import gap of $29.8M.

See methodology.

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