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Exports In 2023, Vietnam exported $41.1M in Parachutes, making it the 2nd largest exporter of Parachutes in the world. At the same year, Parachutes was the 398th most exported product in Vietnam. The main destination of Parachutes exports from Vietnam are: France ($10.9M), Spain ($8.35M), Switzerland ($6.35M), Austria ($2.7M), and United States ($2.06M).

The fastest growing export markets for Parachutes of Vietnam between 2022 and 2023 were Austria ($1.87M), Spain ($1.55M), and Switzerland ($427k).

Imports In 2023, Vietnam imported $444k in Parachutes, becoming the 65th largest importer of Parachutes in the world. At the same year, Parachutes was the 1103rd most imported product in Vietnam. Vietnam imports Parachutes primarily from: Thailand ($192k), Austria ($45.7k), Italy ($30.7k), France ($29.6k), and Malaysia ($29.1k).

The fastest growing import markets in Parachutes for Vietnam between 2022 and 2023 were Thailand ($184k), Portugal ($14.7k), and Slovenia ($13.4k).

Latest Trends

Dec 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 Parachutes. 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)$41.1M
IMPORTS (2023)$444k
NET TRADE (2023)$40.6M

In 2023, Vietnam exported $41.1M in Parachutes. The main destinations of Vietnam exports on Parachutes were France ($10.9M), Spain ($8.35M), Switzerland ($6.35M), Austria ($2.7M), and United States ($2.06M).

In 2023, Vietnam imported $444k in Parachutes, mainly from Thailand ($192k), Austria ($45.7k), Italy ($30.7k), France ($29.6k), and Malaysia ($29.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Parachutes EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Austria$1.87M (224%)
Spain$1.55M (22.9%)
Switzerland$427k (7.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Parachutes BY Vietnam WERE (2022 - 2023):
South Korea-$1.96M (-100%)
Hungary-$1.56M (-100%)
Germany-$675k (-30.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Parachutes were:
In 2023, Vietnam's main importing competitors in Parachutes were:

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Trade Value of Parachutes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $946k
TOP IMPORT POTENTIALUnited States+ $42.3k

Parachutes’s highest export potential is United States. With an export gap of $946k.   Parachutes’s highest import potential is United States with an import gap of $42.3k.

See methodology.

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