2022
Exports | Imports
$494M | $1.06BWorld Rnk 19 / 216
Flag Rnk 123 / 1176
World Rnk 16 / 224
Flag Rnk 64 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.062Rnk 60 / 124
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.35Rnk 74 / 1025

About

Exports In 2022, Vietnam exported $494M in Other Electrical Machinery, making it the 19th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 123rd most exported product in Vietnam. The main destination of Other Electrical Machinery exports from Vietnam are: South Korea ($87.6M), United States ($67.4M), Japan ($55.1M), Netherlands ($48.7M), and China ($43.4M).

The fastest growing export markets for Other Electrical Machinery of Vietnam between 2021 and 2022 were Germany ($39.9M), Netherlands ($37.6M), and Malaysia ($8.8M).

Imports In 2022, Vietnam imported $1.06B in Other Electrical Machinery, becoming the 16th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 64th most imported product in Vietnam. Vietnam imports Other Electrical Machinery primarily from: China ($683M), South Korea ($153M), Japan ($82.1M), Thailand ($30.9M), and Singapore ($26.4M).

The fastest growing import markets in Other Electrical Machinery for Vietnam between 2021 and 2022 were South Korea ($40.7M), Germany ($13.9M), and Japan ($9.45M).

COMPANIES In 2023, leading companies such as WOODSTREAM CORP (153), HOME DEPOT, U. S. A., INC. (46), and CONAIR CORPORATION (42) were at the forefront of shipping Other Electrical Machinery 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 Other Electrical Machinery. 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)$494M
IMPORTS (2022)$1.06B
NET TRADE (2022)-$565M

In 2022, Vietnam exported $494M in Other Electrical Machinery. The main destinations of Vietnam exports on Other Electrical Machinery were South Korea ($87.6M), United States ($67.4M), Japan ($55.1M), Netherlands ($48.7M), and China ($43.4M).

In 2022, Vietnam imported $1.06B in Other Electrical Machinery, mainly from China ($683M), South Korea ($153M), Japan ($82.1M), Thailand ($30.9M), and Singapore ($26.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Germany$39.9M (1.16k%)
Netherlands$37.6M (340%)
Malaysia$8.8M (35.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Vietnam WERE (2021 - 2022):
United States-$271M (-80.1%)
China-$80.1M (-64.8%)
Japan-$20.4M (-27%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Electrical Machinery by Exporters

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