2022
Exports
$12.1MWorld Rnk 32 / 174
Flag Rnk 629 / 1176
2022
PRODUCT COMPLEXITY IN Other Leather Articles
-0.11Rnk 585 / 1025
2022
Imports
$53.3MWorld Rnk 14 / 210
Flag Rnk 536 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $12.1M in Other Leather Articles, making it the 32nd largest exporter of Other Leather Articles in the world. At the same year, Other Leather Articles was the 629th most exported product in Vietnam. The main destination of Other Leather Articles exports from Vietnam are: United States ($8.35M), Japan ($1.42M), China ($544k), South Korea ($298k), and Hong Kong ($167k).

The fastest growing export markets for Other Leather Articles of Vietnam between 2021 and 2022 were United States ($3.67M), Japan ($585k), and China ($112k).

Imports In 2022, Vietnam imported $53.3M in Other Leather Articles, becoming the 14th largest importer of Other Leather Articles in the world. At the same year, Other Leather Articles was the 536th most imported product in Vietnam. Vietnam imports Other Leather Articles primarily from: China ($40.2M), South Korea ($6.26M), Thailand ($2.35M), United Kingdom ($952k), and Chinese Taipei ($734k).

The fastest growing import markets in Other Leather Articles for Vietnam between 2021 and 2022 were United Kingdom ($716k), Chinese Taipei ($371k), and South Korea ($358k).

COMPANIES In 2023, leading companies such as Cinmar (2) were at the forefront of shipping Other Leather Articles from Vietnam to the United States.

Latest Trends

Jul 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 Leather Articles. 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)$12.1M
IMPORTS (2022)$53.3M
NET TRADE (2022)-$41.2M

In 2022, Vietnam exported $12.1M in Other Leather Articles. The main destinations of Vietnam exports on Other Leather Articles were United States ($8.35M), Japan ($1.42M), China ($544k), South Korea ($298k), and Hong Kong ($167k).

In 2022, Vietnam imported $53.3M in Other Leather Articles, mainly from China ($40.2M), South Korea ($6.26M), Thailand ($2.35M), United Kingdom ($952k), and Chinese Taipei ($734k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Leather Articles EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$3.67M (78.4%)
Japan$585k (69.9%)
China$112k (25.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Leather Articles BY Vietnam WERE (2021 - 2022):
Spain-$563k (-95%)
Cambodia-$391k (-92.7%)
South Korea-$291k (-49.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Leather Articles by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $979k
TOP IMPORT POTENTIALChina+ $3.1M

Other Leather Articles’s highest export potential is China. With an export gap of $979k.   Other Leather Articles’s highest import potential is China with an import gap of $3.1M.

See methodology.

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