2023
Exports
$205MWorld Rnk 7 / 172
Flag Rnk 200 / 1173
2023
PRODUCT COMPLEXITY IN Other Office Machines
1.08Rnk 153 / 1025
2023
Imports
$24.8MWorld Rnk 41 / 215
Flag Rnk 662 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $205M in Other Office Machines, making it the 7th largest exporter of Other Office Machines in the world. At the same year, Other Office Machines was the 200th most exported product in Vietnam. The main destination of Other Office Machines exports from Vietnam are: United States ($93.5M), Mexico ($26.6M), Indonesia ($22.3M), India ($20.4M), and China ($5.47M).

The fastest growing export markets for Other Office Machines of Vietnam between 2022 and 2023 were Mexico ($17.1M), Indonesia ($14.5M), and India ($11.5M).

Imports In 2023, Vietnam imported $24.8M in Other Office Machines, becoming the 41st largest importer of Other Office Machines in the world. At the same year, Other Office Machines was the 662nd most imported product in Vietnam. Vietnam imports Other Office Machines primarily from: China ($13.3M), Hong Kong ($3.39M), India ($2.93M), Germany ($1.87M), and Hungary ($1.18M).

The fastest growing import markets in Other Office Machines for Vietnam between 2022 and 2023 were Hong Kong ($3.39M), India ($1.36M), and Singapore ($658k).

COMPANIES In 2024, leading companies such as QVC Inc (1) and LG Electronics (1) were at the forefront of shipping Other Office Machines from Vietnam to the United States.

Latest Trends

Dec 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 Office Machines. 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)$205M
IMPORTS (2023)$24.8M
NET TRADE (2023)$180M

In 2023, Vietnam exported $205M in Other Office Machines. The main destinations of Vietnam exports on Other Office Machines were United States ($93.5M), Mexico ($26.6M), Indonesia ($22.3M), India ($20.4M), and China ($5.47M).

In 2023, Vietnam imported $24.8M in Other Office Machines, mainly from China ($13.3M), Hong Kong ($3.39M), India ($2.93M), Germany ($1.87M), and Hungary ($1.18M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Office Machines EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Mexico$17.1M (180%)
Indonesia$14.5M (186%)
India$11.5M (128%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Office Machines BY Vietnam WERE (2022 - 2023):
Nigeria-$4.68M (-56.1%)
Russia-$1.99M (-100%)
Portugal-$1.65M (-75.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Other Office Machines were:
China $1.19B
India $433M
In 2023, Vietnam's main importing competitors in Other Office Machines were:

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Trade Value of Other Office Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.04M
TOP IMPORT POTENTIALChina+ $9.95M

Other Office Machines’s highest export potential is India. With an export gap of $3.04M.   Other Office Machines’s highest import potential is China with an import gap of $9.95M.

See methodology.

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