2022
Exports
$74.2MWorld Rnk 4 / 175
Flag Rnk 340 / 1176
2022
PRODUCT COMPLEXITY IN Pencils and Crayons
-0.17Rnk 604 / 1025
2022
Imports
$30.7MWorld Rnk 18 / 214
Flag Rnk 655 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $74.2M in Pencils and Crayons, making it the 4th largest exporter of Pencils and Crayons in the world. At the same year, Pencils and Crayons was the 340th most exported product in Vietnam. The main destination of Pencils and Crayons exports from Vietnam are: United States ($24.6M), Japan ($14.2M), Mexico ($10.1M), Saudi Arabia ($5.25M), and China ($4.93M).

The fastest growing export markets for Pencils and Crayons of Vietnam between 2021 and 2022 were Mexico ($6.29M), United States ($5.05M), and Saudi Arabia ($4.39M).

Imports In 2022, Vietnam imported $30.7M in Pencils and Crayons, becoming the 18th largest importer of Pencils and Crayons in the world. At the same year, Pencils and Crayons was the 655th most imported product in Vietnam. Vietnam imports Pencils and Crayons primarily from: China ($21M), Burma ($1.62M), Japan ($1.58M), United States ($1.36M), and Indonesia ($1.34M).

The fastest growing import markets in Pencils and Crayons for Vietnam between 2021 and 2022 were China ($4.48M), Burma ($932k), and Japan ($318k).

COMPANIES In 2023, leading companies such as Mystic Apparel (2) and Walgreens (1) were at the forefront of shipping Pencils and Crayons from Vietnam to the United States.

Latest Trends

Jul 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 Pencils and Crayons. 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 (2022)$74.2M
IMPORTS (2022)$30.7M
NET TRADE (2022)$43.5M

In 2022, Vietnam exported $74.2M in Pencils and Crayons. The main destinations of Vietnam exports on Pencils and Crayons were United States ($24.6M), Japan ($14.2M), Mexico ($10.1M), Saudi Arabia ($5.25M), and China ($4.93M).

In 2022, Vietnam imported $30.7M in Pencils and Crayons, mainly from China ($21M), Burma ($1.62M), Japan ($1.58M), United States ($1.36M), and Indonesia ($1.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pencils and Crayons EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Mexico$6.29M (166%)
United States$5.05M (25.9%)
Saudi Arabia$4.39M (509%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pencils and Crayons BY Vietnam WERE (2021 - 2022):
Japan-$2.75M (-16.2%)
Thailand-$1.91M (-98.8%)
Hong Kong-$1.45M (-48.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Pencils and Crayons were:
China $911M
Brazil $91.2M
In 2022, Vietnam's main importing competitors in Pencils and Crayons were:

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Trade Value of Pencils and Crayons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.12M
TOP IMPORT POTENTIALChina+ $6.68M

Pencils and Crayons’s highest export potential is China. With an export gap of $3.12M.   Pencils and Crayons’s highest import potential is China with an import gap of $6.68M.

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