2022
Exports | Imports
$1.08B | $1.22BWorld Rnk 3 / 158
Flag Rnk 65 / 1176
World Rnk 3 / 210
Flag Rnk 50 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.062Rnk 60 / 124
2022
PRODUCT COMPLEXITY IN Non-Retail Synthetic Filament Yarn
-0.048Rnk 572 / 1025

About

Exports In 2022, Vietnam exported $1.08B in Non-Retail Synthetic Filament Yarn, making it the 3rd largest exporter of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 65th most exported product in Vietnam. The main destination of Non-Retail Synthetic Filament Yarn exports from Vietnam are: China ($163M), South Korea ($143M), Chinese Taipei ($92.1M), United States ($90.2M), and Bangladesh ($83.4M).

The fastest growing export markets for Non-Retail Synthetic Filament Yarn of Vietnam between 2021 and 2022 were United States ($45.7M), Japan ($10.1M), and Romania ($9.18M).

Imports In 2022, Vietnam imported $1.22B in Non-Retail Synthetic Filament Yarn, becoming the 3rd largest importer of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 50th most imported product in Vietnam. Vietnam imports Non-Retail Synthetic Filament Yarn primarily from: China ($788M), Chinese Taipei ($221M), South Korea ($55.9M), Indonesia ($36.6M), and Japan ($31M).

The fastest growing import markets in Non-Retail Synthetic Filament Yarn for Vietnam between 2021 and 2022 were China ($68.6M), Sri Lanka ($1.81M), and Italy ($1.62M).

COMPANIES In 2023, leading companies such as HYOSUNG USA, INC. (2.32k), MICHAEL KORS (USA), INC. (532), and OLD NAVY (CANADA) INC (288) were at the forefront of shipping Non-Retail Synthetic Filament Yarn from Vietnam to the United States.

Latest Trends

Feb 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 Synthetic Filament Yarn. 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)$1.08B
IMPORTS (2022)$1.22B
NET TRADE (2022)-$135M

In 2022, Vietnam exported $1.08B in Non-Retail Synthetic Filament Yarn. The main destinations of Vietnam exports on Non-Retail Synthetic Filament Yarn were China ($163M), South Korea ($143M), Chinese Taipei ($92.1M), United States ($90.2M), and Bangladesh ($83.4M).

In 2022, Vietnam imported $1.22B in Non-Retail Synthetic Filament Yarn, mainly from China ($788M), Chinese Taipei ($221M), South Korea ($55.9M), Indonesia ($36.6M), and Japan ($31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Synthetic Filament Yarn EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$45.7M (103%)
Japan$10.1M (29%)
Romania$9.18M (45.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Synthetic Filament Yarn BY Vietnam WERE (2021 - 2022):
China-$82.6M (-33.6%)
Bangladesh-$63.2M (-43.1%)
Pakistan-$37.7M (-47.5%)

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 Synthetic Filament Yarn were:
China $8.27B
India $1.18B
In 2022, Vietnam's main importing competitors in Non-Retail Synthetic Filament Yarn were:

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Trade Value of Non-Retail Synthetic Filament Yarn by Exporters

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