2023
Exports
$7.47MWorld Rnk 36 / 169
Flag Rnk 662 / 1173
2023
PRODUCT COMPLEXITY IN Organic Composite Solvents
-0.13Rnk 600 / 1025
2023
Imports
$45MWorld Rnk 15 / 220
Flag Rnk 544 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $7.47M in Organic Composite Solvents, making it the 36th largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 662nd most exported product in Vietnam. The main destination of Organic Composite Solvents exports from Vietnam are: Burma ($2.37M), Indonesia ($2M), Cambodia ($1.2M), Philippines ($1.15M), and Malaysia ($500k).

The fastest growing export markets for Organic Composite Solvents of Vietnam between 2022 and 2023 were Burma ($1.66M), Philippines ($122k), and Guatemala ($4.57k).

Imports In 2023, Vietnam imported $45M in Organic Composite Solvents, becoming the 15th largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 544th most imported product in Vietnam. Vietnam imports Organic Composite Solvents primarily from: Chinese Taipei ($23.3M), China ($3.71M), United States ($3.44M), Japan ($3.44M), and United Kingdom ($2.4M).

The fastest growing import markets in Organic Composite Solvents for Vietnam between 2022 and 2023 were Hong Kong ($1.27M), Singapore ($973k), and India ($263k).

Latest Trends

Jan 2025

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 Organic Composite Solvents. 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)$7.47M
IMPORTS (2023)$45M
NET TRADE (2023)-$37.5M

In 2023, Vietnam exported $7.47M in Organic Composite Solvents. The main destinations of Vietnam exports on Organic Composite Solvents were Burma ($2.37M), Indonesia ($2M), Cambodia ($1.2M), Philippines ($1.15M), and Malaysia ($500k).

In 2023, Vietnam imported $45M in Organic Composite Solvents, mainly from Chinese Taipei ($23.3M), China ($3.71M), United States ($3.44M), Japan ($3.44M), and United Kingdom ($2.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Burma$1.66M (234%)
Philippines$122k (11.9%)
Guatemala$4.57k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY Vietnam WERE (2022 - 2023):
Cambodia-$7.44M (-86.1%)
Bangladesh-$5.28M (-100%)
Indonesia-$695k (-25.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Organic Composite Solvents were:
In 2023, Vietnam's main importing competitors in Organic Composite Solvents were:
France $99.9M
China $98.5M

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $819k
TOP IMPORT POTENTIALChina+ $2.19M

Organic Composite Solvents’s highest export potential is India. With an export gap of $819k.   Organic Composite Solvents’s highest import potential is China with an import gap of $2.19M.

See methodology.

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