2022
Exports
$1.4BWorld Rnk 59 / 220
Flag Rnk 18 / 21
2022
PRODUCT COMPLEXITY IN Precious Metals
0.58Rnk 328 / 1025
2022
Imports
$1.17BWorld Rnk 41 / 225
Flag Rnk 19 / 21
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $1.4B in Precious Metals, making it the 59th largest exporter of Precious Metals in the world. At the same year, Precious Metals was the 18th most exported product in Vietnam. The main destination of Precious Metals exports from Vietnam are: United States ($493M), Singapore ($275M), Japan ($87.2M), Italy ($81.6M), and Hong Kong ($67.5M).

The fastest growing export markets for Precious Metals of Vietnam between 2021 and 2022 were United States ($301M), Singapore ($266M), and Hong Kong ($28.5M).

Imports In 2022, Vietnam imported $1.17B in Precious Metals, becoming the 41st largest importer of Precious Metals in the world. At the same year, Precious Metals was the 19th most imported product in Vietnam. Vietnam imports Precious Metals primarily from: United States ($153M), Hong Kong ($148M), Belgium ($112M), South Korea ($108M), and China ($90.4M).

The fastest growing import markets in Precious Metals for Vietnam between 2021 and 2022 were India ($73.7M), United States ($41.3M), and China ($28.3M).

COMPANIES In 2023, leading companies such as Home Depot (86), H&M Clothing (30), and Bedrosians Tile & Stone (20) were at the forefront of shipping Precious Metals from Vietnam to the United States.

Latest Trends

Aug 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 Precious Metals. 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)$1.4B
IMPORTS (2022)$1.17B
NET TRADE (2022)$226M

In 2022, Vietnam exported $1.4B in Precious Metals. The main destinations of Vietnam exports on Precious Metals were United States ($493M), Singapore ($275M), Japan ($87.2M), Italy ($81.6M), and Hong Kong ($67.5M).

In 2022, Vietnam imported $1.17B in Precious Metals, mainly from United States ($153M), Hong Kong ($148M), Belgium ($112M), South Korea ($108M), and China ($90.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metals EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$301M (157%)
Singapore$266M (2.93k%)
Hong Kong$28.5M (73.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metals BY Vietnam WERE (2021 - 2022):
Japan-$4.58M (-4.99%)
South Korea-$3.92M (-9.35%)
Switzerland-$2.85M (-32.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Precious Metals were:
In 2022, Vietnam's main importing competitors in Precious Metals were:

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Trade Value of Precious Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $110M
TOP IMPORT POTENTIALIndia+ $65.9M

Precious Metals’s highest export potential is United States. With an export gap of $110M.   Precious Metals’s highest import potential is India with an import gap of $65.9M.

See methodology.

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