2022
Exports
$118MWorld Rnk 4 / 169
Flag Rnk 288 / 1176
2022
PRODUCT COMPLEXITY IN Saddlery
-0.063Rnk 569 / 1025
2022
Imports
$10.1MWorld Rnk 33 / 211
Flag Rnk 842 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $118M in Saddlery, making it the 4th largest exporter of Saddlery in the world. At the same year, Saddlery was the 288th most exported product in Vietnam. The main destination of Saddlery exports from Vietnam are: United States ($82.3M), Canada ($4.53M), Australia ($4.42M), Germany ($3.43M), and Japan ($2.99M).

The fastest growing export markets for Saddlery of Vietnam between 2021 and 2022 were United States ($30.9M), Canada ($3.06M), and Netherlands ($1.35M).

Imports In 2022, Vietnam imported $10.1M in Saddlery, becoming the 33rd largest importer of Saddlery in the world. At the same year, Saddlery was the 842nd most imported product in Vietnam. Vietnam imports Saddlery primarily from: China ($8.97M), Australia ($533k), United States ($492k), Chinese Taipei ($60.4k), and Hong Kong ($19k).

The fastest growing import markets in Saddlery for Vietnam between 2021 and 2022 were China ($1.88M), Australia ($83.7k), and Czechia ($3.29k).

COMPANIES In 2023, leading companies such as At Home Procurement (20), Goplus (3), and Bass Pro Shops (3) were at the forefront of shipping Saddlery from Vietnam to the United States.

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 Saddlery. 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)$118M
IMPORTS (2022)$10.1M
NET TRADE (2022)$108M

In 2022, Vietnam exported $118M in Saddlery. The main destinations of Vietnam exports on Saddlery were United States ($82.3M), Canada ($4.53M), Australia ($4.42M), Germany ($3.43M), and Japan ($2.99M).

In 2022, Vietnam imported $10.1M in Saddlery, mainly from China ($8.97M), Australia ($533k), United States ($492k), Chinese Taipei ($60.4k), and Hong Kong ($19k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Saddlery EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$30.9M (60.3%)
Canada$3.06M (208%)
Netherlands$1.35M (317%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Saddlery BY Vietnam WERE (2021 - 2022):
Sweden-$2.97M (-55.5%)
Belgium-$265k (-26.3%)
Switzerland-$200k (-15.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Saddlery were:
China $1.34B
India $273M
In 2022, Vietnam's main importing competitors in Saddlery were:

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Trade Value of Saddlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.71M
TOP IMPORT POTENTIALChina+ $4.26M

Saddlery’s highest export potential is Germany. With an export gap of $2.71M.   Saddlery’s highest import potential is China with an import gap of $4.26M.

See methodology.

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