2018
Exports
$49.8MWorld Rnk 16 / 138
Flag Rnk 407 / 1176
2022
PRODUCT COMPLEXITY IN Prepared Pigments
1.08Rnk 144 / 1025
2018
Imports
$190MWorld Rnk 7 / 195
Flag Rnk 284 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2018, Vietnam exported $49.8M in Prepared Pigments, making it the 16th largest exporter of Prepared Pigments in the world. At the same year, Prepared Pigments was the 407th most exported product in Vietnam. The main destination of Prepared Pigments exports from Vietnam are: Indonesia ($28.8M), Thailand ($5.24M), Bangladesh ($4.21M), United Arab Emirates ($2.09M), and Malaysia ($2.01M).

The fastest growing export markets for Prepared Pigments of Vietnam between 2021 and 2022 were Thailand ($1.59M), United Arab Emirates ($1.33M), and Malaysia ($584k).

Imports In 2022, Vietnam imported $190M in Prepared Pigments, becoming the 7th largest importer of Prepared Pigments in the world. At the same year, Prepared Pigments was the 284th most imported product in Vietnam. Vietnam imports Prepared Pigments primarily from: China ($92.5M), Chinese Taipei ($33.1M), Spain ($27M), Japan ($10.4M), and Indonesia ($5.86M).

The fastest growing import markets in Prepared Pigments for Vietnam between 2021 and 2022 were Spain ($3.39M), Indonesia ($2.47M), and Turkey ($2.43M).

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 Prepared Pigments. 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)$49.8M
IMPORTS (2022)$190M
NET TRADE (2022)-$140M

In 2022, Vietnam exported $49.8M in Prepared Pigments. The main destinations of Vietnam exports on Prepared Pigments were Indonesia ($28.8M), Thailand ($5.24M), Bangladesh ($4.21M), United Arab Emirates ($2.09M), and Malaysia ($2.01M).

In 2022, Vietnam imported $190M in Prepared Pigments, mainly from China ($92.5M), Chinese Taipei ($33.1M), Spain ($27M), Japan ($10.4M), and Indonesia ($5.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Pigments EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Thailand$1.59M (43.6%)
Malaysia$584k (41%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Pigments BY Vietnam WERE (2021 - 2022):
India-$557k (-69.5%)
Hong Kong-$201k (-100%)
Italy-$82.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Prepared Pigments were:
Spain $1.21B
China $759M
Japan $627M
In 2022, Vietnam's main importing competitors in Prepared Pigments were:

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Trade Value of Prepared Pigments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.12M
TOP IMPORT POTENTIALJapan+ $2.66M

Prepared Pigments’s highest export potential is China. With an export gap of $1.12M.   Prepared Pigments’s highest import potential is Japan with an import gap of $2.66M.

See methodology.

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