2022
Exports
$52.3MWorld Rnk 11 / 141
Flag Rnk 402 / 1176
2022
PRODUCT COMPLEXITY IN Pile Fabric
0.18Rnk 494 / 1025
2022
Imports
$584MWorld Rnk 1 / 195
Flag Rnk 126 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $52.3M in Pile Fabric, making it the 11th largest exporter of Pile Fabric in the world. At the same year, Pile Fabric was the 402nd most exported product in Vietnam. The main destination of Pile Fabric exports from Vietnam are: China ($23.8M), Cambodia ($7.23M), Burma ($5.07M), Jordan ($3.25M), and Indonesia ($3.21M).

The fastest growing export markets for Pile Fabric of Vietnam between 2021 and 2022 were Burma ($4.28M), Indonesia ($1.62M), and Jordan ($674k).

Imports In 2022, Vietnam imported $584M in Pile Fabric, becoming the 1st largest importer of Pile Fabric in the world. At the same year, Pile Fabric was the 126th most imported product in Vietnam. Vietnam imports Pile Fabric primarily from: China ($465M), South Korea ($51.6M), Chinese Taipei ($29.2M), Thailand ($13.2M), and Indonesia ($4.79M).

The fastest growing import markets in Pile Fabric for Vietnam between 2021 and 2022 were China ($39.4M), South Korea ($13.8M), and United States ($1.33M).

Latest Trends

Apr 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 Pile Fabric. 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)$52.3M
IMPORTS (2022)$584M
NET TRADE (2022)-$531M

In 2022, Vietnam exported $52.3M in Pile Fabric. The main destinations of Vietnam exports on Pile Fabric were China ($23.8M), Cambodia ($7.23M), Burma ($5.07M), Jordan ($3.25M), and Indonesia ($3.21M).

In 2022, Vietnam imported $584M in Pile Fabric, mainly from China ($465M), South Korea ($51.6M), Chinese Taipei ($29.2M), Thailand ($13.2M), and Indonesia ($4.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pile Fabric EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Burma$4.28M (542%)
Indonesia$1.62M (102%)
Jordan$674k (26.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pile Fabric BY Vietnam WERE (2021 - 2022):
Cambodia-$61.4M (-89.5%)
China-$40.2M (-62.8%)
Thailand-$7.61M (-75.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Pile Fabric were:
In 2022, Vietnam's main importing competitors in Pile Fabric were:

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Trade Value of Pile Fabric by Exporters

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