2022
Exports
$11.5MWorld Rnk 11 / 130
Flag Rnk 633 / 1176
2022
PRODUCT COMPLEXITY IN Non-Retail Artificial Staple Fibers Sewing Thread
-0.89Rnk 804 / 1025
2022
Imports
$46.6MWorld Rnk 3 / 194
Flag Rnk 563 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $11.5M in Non-Retail Artificial Staple Fibers Sewing Thread, making it the 11th largest exporter of Non-Retail Artificial Staple Fibers Sewing Thread in the world. At the same year, Non-Retail Artificial Staple Fibers Sewing Thread was the 633rd most exported product in Vietnam. The main destination of Non-Retail Artificial Staple Fibers Sewing Thread exports from Vietnam are: Cambodia ($5.01M), Burma ($1.42M), Japan ($1.07M), Indonesia ($870k), and South Korea ($814k).

The fastest growing export markets for Non-Retail Artificial Staple Fibers Sewing Thread of Vietnam between 2021 and 2022 were Burma ($719k), South Korea ($317k), and Malaysia ($151k).

Imports In 2022, Vietnam imported $46.6M in Non-Retail Artificial Staple Fibers Sewing Thread, becoming the 3rd largest importer of Non-Retail Artificial Staple Fibers Sewing Thread in the world. At the same year, Non-Retail Artificial Staple Fibers Sewing Thread was the 563rd most imported product in Vietnam. Vietnam imports Non-Retail Artificial Staple Fibers Sewing Thread primarily from: China ($36.5M), South Korea ($4.24M), Japan ($1.5M), Malaysia ($1.34M), and Chinese Taipei ($1.17M).

The fastest growing import markets in Non-Retail Artificial Staple Fibers Sewing Thread for Vietnam between 2021 and 2022 were United States ($143k), Germany ($138k), and Austria ($73.2k).

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-Retail Artificial Staple Fibers Sewing Thread. 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)$11.5M
IMPORTS (2022)$46.6M
NET TRADE (2022)-$35.1M

In 2022, Vietnam exported $11.5M in Non-Retail Artificial Staple Fibers Sewing Thread. The main destinations of Vietnam exports on Non-Retail Artificial Staple Fibers Sewing Thread were Cambodia ($5.01M), Burma ($1.42M), Japan ($1.07M), Indonesia ($870k), and South Korea ($814k).

In 2022, Vietnam imported $46.6M in Non-Retail Artificial Staple Fibers Sewing Thread, mainly from China ($36.5M), South Korea ($4.24M), Japan ($1.5M), Malaysia ($1.34M), and Chinese Taipei ($1.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Artificial Staple Fibers Sewing Thread EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Burma$719k (102%)
South Korea$317k (63.7%)
Malaysia$151k (4.02k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Artificial Staple Fibers Sewing Thread BY Vietnam WERE (2021 - 2022):
Cambodia-$652k (-11.5%)
China-$244k (-73.2%)
Sri Lanka-$203k (-85.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Non-Retail Artificial Staple Fibers Sewing Thread were:
In 2022, Vietnam's main importing competitors in Non-Retail Artificial Staple Fibers Sewing Thread were:
Russia $63.7M
Turkey $52.8M

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Trade Value of Non-Retail Artificial Staple Fibers Sewing Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $279k
TOP IMPORT POTENTIALChina+ $1.41M

Non-Retail Artificial Staple Fibers Sewing Thread’s highest export potential is Indonesia. With an export gap of $279k.   Non-Retail Artificial Staple Fibers Sewing Thread’s highest import potential is China with an import gap of $1.41M.

See methodology.

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