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2023
Exports $57.8kWorld Rnk 78 / 133
Flag Rnk 1062 / 1173
2023
Destination $15.8k Malaysia
2022 - 2023
FASTEST GROWING MARKET $15.8kMalaysia
2023
PRODUCT COMPLEXITY IN Oil Seed Flower-0.97Rnk 822 / 1025
2023
Imports $142MWorld Rnk 1 / 193
Flag Rnk 312 / 1199
2023
Origin $9.08M United States
2022 - 2023
FASTEST GROWING ORIGIN $9.08MUnited States
2023
ECONOMIC COMPLEXITY of Vietnam0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $57.8k in Oil Seed Flower, making it the 78th largest exporter of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 1062nd most exported product in Vietnam. The main destination of Oil Seed Flower exports from Vietnam are: Malaysia ($28.5k), United States ($11.4k), Germany ($10.4k), France ($3.94k), and United Kingdom ($2.48k).

The fastest growing export markets for Oil Seed Flower of Vietnam between 2022 and 2023 were Malaysia ($15.8k), Germany ($5.72k), and France ($3.94k).

Imports In 2023, Vietnam imported $142M in Oil Seed Flower, becoming the 1st largest importer of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 312th most imported product in Vietnam. Vietnam imports Oil Seed Flower primarily from: United States ($140M), Ethiopia ($1.35M), Nigeria ($421k), China ($198k), and Thailand ($6.39k).

The fastest growing import markets in Oil Seed Flower for Vietnam between 2022 and 2023 were United States ($9.08M), Ethiopia ($886k), and Nigeria ($348k).

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 Oil Seed Flower. 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)$57.8k
IMPORTS (2023)$142M
NET TRADE (2023)-$142M

In 2023, Vietnam exported $57.8k in Oil Seed Flower. The main destinations of Vietnam exports on Oil Seed Flower were Malaysia ($28.5k), United States ($11.4k), Germany ($10.4k), France ($3.94k), and United Kingdom ($2.48k).

In 2023, Vietnam imported $142M in Oil Seed Flower, mainly from United States ($140M), Ethiopia ($1.35M), Nigeria ($421k), China ($198k), and Thailand ($6.39k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Oil Seed Flower EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Malaysia$15.8k (125%)
Germany$5.72k (121%)
France$3.94k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oil Seed Flower BY Vietnam WERE (2022 - 2023):
South Korea-$8.99M (-100%)
Philippines-$207k (-100%)
United States-$89.5k (-88.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Oil Seed Flower were:
United States $448M
South Africa $92.3M
Netherlands $90.3M
In 2023, Vietnam's main importing competitors in Oil Seed Flower were:
Dominican Republic $98.5M
South Korea $81.9M

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Trade Value of Oil Seed Flower by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $125k
TOP IMPORT POTENTIALEthiopia+ $540k

Oil Seed Flower’s highest export potential is United States. With an export gap of $125k.   Oil Seed Flower’s highest import potential is Ethiopia with an import gap of $540k.

See methodology.

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