2023
Exports
$89.4MWorld Rnk 10 / 194
Flag Rnk 301 / 1173
2023
PRODUCT COMPLEXITY IN Perfume Plants
-1.84Rnk 985 / 1025
2023
Imports
$100MWorld Rnk 14 / 215
Flag Rnk 375 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $89.4M in Perfume Plants, making it the 10th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 301st most exported product in Vietnam. The main destination of Perfume Plants exports from Vietnam are: China ($37.5M), India ($24.8M), Saudi Arabia ($12.2M), Japan ($2.07M), and Kuwait ($1.44M).

The fastest growing export markets for Perfume Plants of Vietnam between 2022 and 2023 were China ($5.77M), Saudi Arabia ($4.95M), and Malaysia ($542k).

Imports In 2023, Vietnam imported $100M in Perfume Plants, becoming the 14th largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 375th most imported product in Vietnam. Vietnam imports Perfume Plants primarily from: China ($91.2M), India ($5.07M), Pakistan ($1.13M), Egypt ($447k), and United States ($428k).

The fastest growing import markets in Perfume Plants for Vietnam between 2022 and 2023 were India ($3.69M), China ($1.24M), and Egypt ($253k).

COMPANIES In 2024, leading companies such as Amazon (1) were at the forefront of shipping Perfume Plants 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 Perfume Plants. 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)$89.4M
IMPORTS (2023)$100M
NET TRADE (2023)-$11M

In 2023, Vietnam exported $89.4M in Perfume Plants. The main destinations of Vietnam exports on Perfume Plants were China ($37.5M), India ($24.8M), Saudi Arabia ($12.2M), Japan ($2.07M), and Kuwait ($1.44M).

In 2023, Vietnam imported $100M in Perfume Plants, mainly from China ($91.2M), India ($5.07M), Pakistan ($1.13M), Egypt ($447k), and United States ($428k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
China$5.77M (18.2%)
Saudi Arabia$4.95M (68.3%)
Malaysia$542k (62.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Vietnam WERE (2022 - 2023):
Laos-$2.21M (-100%)
South Korea-$1.94M (-100%)
Bangladesh-$1.78M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Perfume Plants were:
China $988M
India $467M
In 2023, Vietnam's main importing competitors in Perfume Plants were:

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $10.3M
TOP IMPORT POTENTIALIndia+ $2.18M

Perfume Plants’s highest export potential is China. With an export gap of $10.3M.   Perfume Plants’s highest import potential is India with an import gap of $2.18M.

See methodology.

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