2023
Exports
$3.46MWorld Rnk 84 / 177
Flag Rnk 742 / 1173
2023
PRODUCT COMPLEXITY IN Other Oily Seeds
-2.38Rnk 1016 / 1025
2023
Imports
$128MWorld Rnk 11 / 213
Flag Rnk 328 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $3.46M in Other Oily Seeds, making it the 84th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 742nd most exported product in Vietnam. The main destination of Other Oily Seeds exports from Vietnam are: China ($1.71M), Malaysia ($452k), Chinese Taipei ($358k), United States ($300k), and Japan ($283k).

The fastest growing export markets for Other Oily Seeds of Vietnam between 2022 and 2023 were Israel ($43k), United Kingdom ($35.6k), and France ($14.6k).

Imports In 2023, Vietnam imported $128M in Other Oily Seeds, becoming the 11th largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 328th most imported product in Vietnam. Vietnam imports Other Oily Seeds primarily from: Nigeria ($35.9M), India ($26.6M), China ($26.5M), Ethiopia ($10.8M), and Brazil ($9.87M).

The fastest growing import markets in Other Oily Seeds for Vietnam between 2022 and 2023 were India ($7.89M), Pakistan ($6.38M), and Brazil ($6.13M).

COMPANIES In 2024, leading companies such as IKEA Group (1) were at the forefront of shipping Other Oily Seeds 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 Oily Seeds. 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)$3.46M
IMPORTS (2023)$128M
NET TRADE (2023)-$125M

In 2023, Vietnam exported $3.46M in Other Oily Seeds. The main destinations of Vietnam exports on Other Oily Seeds were China ($1.71M), Malaysia ($452k), Chinese Taipei ($358k), United States ($300k), and Japan ($283k).

In 2023, Vietnam imported $128M in Other Oily Seeds, mainly from Nigeria ($35.9M), India ($26.6M), China ($26.5M), Ethiopia ($10.8M), and Brazil ($9.87M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Israel$43k (1%)
United Kingdom$35.6k (188%)
France$14.6k (54.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Vietnam WERE (2022 - 2023):
China-$2.72M (-61.4%)
Senegal-$881k (-100%)
United States-$659k (-68.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Other Oily Seeds were:
Sudan $709M
India $576M
China $411M
In 2023, Vietnam's main importing competitors in Other Oily Seeds were:

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.39M
TOP IMPORT POTENTIALChina+ $6.44M

Other Oily Seeds’s highest export potential is China. With an export gap of $6.39M.   Other Oily Seeds’s highest import potential is China with an import gap of $6.44M.

See methodology.

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