2022
Exports
$2.54MWorld Rnk 51 / 165
Flag Rnk 827 / 1176
2022
PRODUCT COMPLEXITY IN Polishes and Creams
0.11Rnk 520 / 1025
2022
Imports
$36.7MWorld Rnk 17 / 221
Flag Rnk 614 / 1208

About

Exports In 2022, Vietnam exported $2.54M in Polishes and Creams, making it the 51st largest exporter of Polishes and Creams in the world. At the same year, Polishes and Creams was the 827th most exported product in Vietnam. The main destination of Polishes and Creams exports from Vietnam are: Japan ($1.04M), Malaysia ($342k), Thailand ($172k), Germany ($114k), and Ukraine ($113k).

The fastest growing export markets for Polishes and Creams of Vietnam between 2021 and 2022 were Thailand ($123k), India ($79.2k), and Germany ($29k).

Imports In 2022, Vietnam imported $36.7M in Polishes and Creams, becoming the 17th largest importer of Polishes and Creams in the world. At the same year, Polishes and Creams was the 614th most imported product in Vietnam. Vietnam imports Polishes and Creams primarily from: China ($13.3M), Japan ($7.64M), Thailand ($3.75M), United States ($2.87M), and South Korea ($1.93M).

The fastest growing import markets in Polishes and Creams for Vietnam between 2021 and 2022 were China ($1.83M), Thailand ($1.4M), and Malaysia ($810k).

COMPANIES In 2023, leading companies such as Home Depot (5), Michael Kors (4), and IKEA Group (3) were at the forefront of shipping Polishes and Creams from Vietnam to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$2.54M
IMPORTS (2022)$36.7M
NET TRADE (2022)-$34.1M

In 2022, Vietnam exported $2.54M in Polishes and Creams. The main destinations of Vietnam exports on Polishes and Creams were Japan ($1.04M), Malaysia ($342k), Thailand ($172k), Germany ($114k), and Ukraine ($113k).

In 2022, Vietnam imported $36.7M in Polishes and Creams, mainly from China ($13.3M), Japan ($7.64M), Thailand ($3.75M), United States ($2.87M), and South Korea ($1.93M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Polishes and Creams EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Thailand$123k (256%)
India$79.2k (4.84k%)
Germany$29k (34.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polishes and Creams BY Vietnam WERE (2021 - 2022):
Japan-$398k (-27.6%)
Ukraine-$111k (-49.4%)
United States-$48.6k (-49.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Vietnam's main exporting competitors in Polishes and Creams were:

Explore Visualizations

Trade Value of Polishes and Creams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $241k
TOP IMPORT POTENTIALChina+ $1.98M

Polishes and Creams’s highest export potential is China. With an export gap of $241k.   Polishes and Creams’s highest import potential is China with an import gap of $1.98M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with