2023
Exports
$99.5MWorld Rnk 8 / 201
Flag Rnk 284 / 1173
2023
PRODUCT COMPLEXITY IN Party Decorations
-1.05Rnk 843 / 1025
2023
Imports
$59.2MWorld Rnk 18 / 222
Flag Rnk 496 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $99.5M in Party Decorations, making it the 8th largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 284th most exported product in Vietnam. The main destination of Party Decorations exports from Vietnam are: United States ($60.1M), Japan ($11.1M), Canada ($4.19M), Mexico ($2.79M), and Germany ($2.56M).

The fastest growing export markets for Party Decorations of Vietnam between 2022 and 2023 were United States ($3.06M), Japan ($2.78M), and China ($755k).

Imports In 2023, Vietnam imported $59.2M in Party Decorations, becoming the 18th largest importer of Party Decorations in the world. At the same year, Party Decorations was the 496th most imported product in Vietnam. Vietnam imports Party Decorations primarily from: China ($56.9M), Austria ($2.04M), Malaysia ($44.4k), Philippines ($33.1k), and Germany ($32.8k).

The fastest growing import markets in Party Decorations for Vietnam between 2022 and 2023 were China ($39.5M), Malaysia ($41.8k), and Philippines ($25.9k).

COMPANIES In 2024, leading companies such as Dollarama (9), IKEA Group (4), and Walgreens (3) were at the forefront of shipping Party Decorations from Vietnam to the United States.

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 Party Decorations. 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)$99.5M
IMPORTS (2023)$59.2M
NET TRADE (2023)$40.4M

In 2023, Vietnam exported $99.5M in Party Decorations. The main destinations of Vietnam exports on Party Decorations were United States ($60.1M), Japan ($11.1M), Canada ($4.19M), Mexico ($2.79M), and Germany ($2.56M).

In 2023, Vietnam imported $59.2M in Party Decorations, mainly from China ($56.9M), Austria ($2.04M), Malaysia ($44.4k), Philippines ($33.1k), and Germany ($32.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
United States$3.06M (5.37%)
Japan$2.78M (33.3%)
China$755k (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY Vietnam WERE (2022 - 2023):
Russia-$3.8M (-100%)
Italy-$1.4M (-78.5%)
Germany-$737k (-22.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Party Decorations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.8M
TOP IMPORT POTENTIALChina+ $29.2M

Party Decorations’s highest export potential is United States. With an export gap of $12.8M.   Party Decorations’s highest import potential is China with an import gap of $29.2M.

See methodology.

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