Pearl Products in Vietnam | The Observatory of Economic Complexity

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Exports In 2023, Vietnam exported $124M in Pearl Products, making it the 4th largest exporter of Pearl Products in the world. At the same year, Pearl Products was the 250th most exported product in Vietnam. The main destination of Pearl Products exports from Vietnam are: United States ($33.5M), Austria ($25.2M), United Kingdom ($11.6M), Singapore ($8.8M), and China ($6.08M).

The fastest growing export markets for Pearl Products of Vietnam between 2022 and 2023 were United States ($9.31M), United Kingdom ($3.37M), and Switzerland ($2.89M).

Imports In 2023, Vietnam imported $6.07M in Pearl Products, becoming the 33rd largest importer of Pearl Products in the world. At the same year, Pearl Products was the 886th most imported product in Vietnam. Vietnam imports Pearl Products primarily from: China ($2.2M), Japan ($1.53M), France ($1.19M), Singapore ($905k), and United Arab Emirates ($59.2k).

The fastest growing import markets in Pearl Products for Vietnam between 2022 and 2023 were France ($1.16M), China ($1.14M), and Singapore ($886k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Pearl Products. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$124M

IMPORTS (2023)$6.07M

NET TRADE (2023)$118M

In 2023, Vietnam exported $124M in Pearl Products. The main destinations of Vietnam exports on Pearl Products were United States ($33.5M), Austria ($25.2M), United Kingdom ($11.6M), Singapore ($8.8M), and China ($6.08M).

In 2023, Vietnam imported $6.07M in Pearl Products, mainly from China ($2.2M), Japan ($1.53M), France ($1.19M), Singapore ($905k), and United Arab Emirates ($59.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

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Exports

Imports

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Ending

THE FASTEST GROWING Pearl Products EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):

United States$9.31M (38.5%)

United Kingdom$3.37M (41.1%)

Switzerland$2.89M (213%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pearl Products BY Vietnam WERE (2022 - 2023):

Austria-$10.5M (-29.3%)

South Korea-$3.43M (-100%)

Hong Kong-$1.59M (-97.8%)

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Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Vietnam's main exporting competitors in Pearl Products were:

China $463M

Thailand $245M

United States $194M

In 2023, Vietnam's main importing competitors in Pearl Products were:

United States $418M

Switzerland $145M

Hong Kong $127M

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Trade Value of Pearl Products by Exporters

Potential Exports

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TOP EXPORT POTENTIALChina+ $5.28M

TOP IMPORT POTENTIALChina+ $1.73M

Pearl Products’s highest export potential is China. With an export gap of $5.28M. Pearl Products’s highest import potential is China with an import gap of $1.73M.

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Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2023)

Import Origins (2023)

Market Growth

Change in Exports by Market (2022 - 2023)

Market Concentration

Trade Value of Pearl Products by Exporters

Potential Exports

Potential Exports

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