2022
Exports
$52.4MWorld Rnk 11 / 195
Flag Rnk 400 / 1176
2022
PRODUCT COMPLEXITY IN Other Knit Clothing Accessories
-1.29Rnk 906 / 1025
2022
Imports
$135MWorld Rnk 4 / 218
Flag Rnk 351 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $52.4M in Other Knit Clothing Accessories, making it the 11th largest exporter of Other Knit Clothing Accessories in the world. At the same year, Other Knit Clothing Accessories was the 400th most exported product in Vietnam. The main destination of Other Knit Clothing Accessories exports from Vietnam are: United States ($17.7M), Cambodia ($6.89M), Japan ($6.89M), China ($2.96M), and Guatemala ($1.89M).

The fastest growing export markets for Other Knit Clothing Accessories of Vietnam between 2021 and 2022 were Cambodia ($2.99M), Guatemala ($1.88M), and Canada ($876k).

Imports In 2022, Vietnam imported $135M in Other Knit Clothing Accessories, becoming the 4th largest importer of Other Knit Clothing Accessories in the world. At the same year, Other Knit Clothing Accessories was the 351st most imported product in Vietnam. Vietnam imports Other Knit Clothing Accessories primarily from: China ($62.7M), South Korea ($30.4M), Chinese Taipei ($18.9M), Morocco ($7.74M), and Thailand ($4.34M).

The fastest growing import markets in Other Knit Clothing Accessories for Vietnam between 2021 and 2022 were Morocco ($7.35M), China ($7.35M), and Chinese Taipei ($5.49M).

COMPANIES In 2023, leading companies such as Gap (3), Coaster Fine Furniture (1), and Adidas (1) were at the forefront of shipping Other Knit Clothing Accessories from Vietnam to the United States.

Latest Trends

Oct 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 Knit Clothing Accessories. 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)$52.4M
IMPORTS (2022)$135M
NET TRADE (2022)-$82.2M

In 2022, Vietnam exported $52.4M in Other Knit Clothing Accessories. The main destinations of Vietnam exports on Other Knit Clothing Accessories were United States ($17.7M), Cambodia ($6.89M), Japan ($6.89M), China ($2.96M), and Guatemala ($1.89M).

In 2022, Vietnam imported $135M in Other Knit Clothing Accessories, mainly from China ($62.7M), South Korea ($30.4M), Chinese Taipei ($18.9M), Morocco ($7.74M), and Thailand ($4.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Knit Clothing Accessories EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Cambodia$2.99M (76.8%)
Guatemala$1.88M (19.3k%)
Canada$876k (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Knit Clothing Accessories BY Vietnam WERE (2021 - 2022):
Hong Kong-$6.82M (-93.5%)
Thailand-$1.05M (-54.8%)
Japan-$964k (-12.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Other Knit Clothing Accessories were:
China $1.94B
Italy $239M
In 2022, Vietnam's main importing competitors in Other Knit Clothing Accessories were:

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Trade Value of Other Knit Clothing Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.24M
TOP IMPORT POTENTIALChina+ $14.5M

Other Knit Clothing Accessories’s highest export potential is China. With an export gap of $2.24M.   Other Knit Clothing Accessories’s highest import potential is China with an import gap of $14.5M.

See methodology.

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