2023
Exports
$16.8BWorld Rnk 5 / 222
Flag Rnk 3 / 1173
2023
PRODUCT COMPLEXITY IN Office Machine Parts
1.14Rnk 125 / 1025
2023
Imports
$3.49BWorld Rnk 17 / 226
Flag Rnk 9 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $16.8B in Office Machine Parts, making it the 5th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 3rd most exported product in Vietnam. The main destination of Office Machine Parts exports from Vietnam are: United States ($4.31B), China ($4.11B), Hong Kong ($1.28B), Netherlands ($1.12B), and Mexico ($664M).

The fastest growing export markets for Office Machine Parts of Vietnam between 2022 and 2023 were China ($545M), Netherlands ($304M), and India ($286M).

Imports In 2023, Vietnam imported $3.49B in Office Machine Parts, becoming the 17th largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 9th most imported product in Vietnam. Vietnam imports Office Machine Parts primarily from: China ($2.22B), Hong Kong ($444M), Singapore ($243M), Thailand ($155M), and Chinese Taipei ($136M).

The fastest growing import markets in Office Machine Parts for Vietnam between 2022 and 2023 were Hong Kong ($312M), Singapore ($211M), and United States ($41.4M).

COMPANIES In 2024, leading companies such as Xerox (2) and Asus Computer (1) were at the forefront of shipping Office Machine Parts from Vietnam to the United States.

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 Office Machine Parts. 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)$16.8B
IMPORTS (2023)$3.49B
NET TRADE (2023)$13.3B

In 2023, Vietnam exported $16.8B in Office Machine Parts. The main destinations of Vietnam exports on Office Machine Parts were United States ($4.31B), China ($4.11B), Hong Kong ($1.28B), Netherlands ($1.12B), and Mexico ($664M).

In 2023, Vietnam imported $3.49B in Office Machine Parts, mainly from China ($2.22B), Hong Kong ($444M), Singapore ($243M), Thailand ($155M), and Chinese Taipei ($136M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
China$545M (15.3%)
Netherlands$304M (37.2%)
India$286M (102%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Vietnam WERE (2022 - 2023):
United States-$1.38B (-24.3%)
Hong Kong-$1.04B (-44.7%)
South Korea-$890M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Office Machine Parts were:
In 2023, Vietnam's main importing competitors in Office Machine Parts were:

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.14B
TOP IMPORT POTENTIALChina+ $374M

Office Machine Parts’s highest export potential is China. With an export gap of $1.14B.   Office Machine Parts’s highest import potential is China with an import gap of $374M.

See methodology.

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