2022
Exports
$30.6MWorld Rnk 4 / 172
Flag Rnk 480 / 1176
2022
PRODUCT COMPLEXITY IN Other Cutlery
-0.49Rnk 697 / 1025
2022
Imports
$31.3MWorld Rnk 10 / 219
Flag Rnk 651 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $30.6M in Other Cutlery, making it the 4th largest exporter of Other Cutlery in the world. At the same year, Other Cutlery was the 480th most exported product in Vietnam. The main destination of Other Cutlery exports from Vietnam are: South Korea ($8.41M), United States ($7.27M), China ($4.19M), Japan ($2.49M), and Russia ($2.4M).

The fastest growing export markets for Other Cutlery of Vietnam between 2021 and 2022 were Russia ($1.52M), South Korea ($1.2M), and Germany ($729k).

Imports In 2022, Vietnam imported $31.3M in Other Cutlery, becoming the 10th largest importer of Other Cutlery in the world. At the same year, Other Cutlery was the 651st most imported product in Vietnam. Vietnam imports Other Cutlery primarily from: China ($29.6M), Czechia ($393k), South Korea ($378k), Germany ($190k), and Thailand ($178k).

The fastest growing import markets in Other Cutlery for Vietnam between 2021 and 2022 were China ($1.55M), Czechia ($291k), and South Korea ($111k).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (19) and IKEA Group (2) were at the forefront of shipping Other Cutlery from Vietnam to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Other Cutlery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$30.6M
IMPORTS (2022)$31.3M
NET TRADE (2022)-$690k

In 2022, Vietnam exported $30.6M in Other Cutlery. The main destinations of Vietnam exports on Other Cutlery were South Korea ($8.41M), United States ($7.27M), China ($4.19M), Japan ($2.49M), and Russia ($2.4M).

In 2022, Vietnam imported $31.3M in Other Cutlery, mainly from China ($29.6M), Czechia ($393k), South Korea ($378k), Germany ($190k), and Thailand ($178k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cutlery EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Russia$1.52M (173%)
South Korea$1.2M (16.7%)
Germany$729k (114%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cutlery BY Vietnam WERE (2021 - 2022):
United States-$255k (-3.38%)
Canada-$82.8k (-39.7%)
Australia-$32.3k (-34%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Vietnam's main exporting competitors in Other Cutlery were:
In 2022, Vietnam's main importing competitors in Other Cutlery were:

Explore Visualizations

Trade Value of Other Cutlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.51M
TOP IMPORT POTENTIALChina+ $4.08M

Other Cutlery’s highest export potential is China. With an export gap of $1.51M.   Other Cutlery’s highest import potential is China with an import gap of $4.08M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with