2022
Exports
$3.84MWorld Rnk 63 / 184
Flag Rnk 781 / 1176
2022
PRODUCT COMPLEXITY IN Salt
-1.11Rnk 857 / 1025
2022
Imports
$49.6MWorld Rnk 22 / 222
Flag Rnk 552 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $3.84M in Salt, making it the 63rd largest exporter of Salt in the world. At the same year, Salt was the 781st most exported product in Vietnam. The main destination of Salt exports from Vietnam are: United States ($912k), Canada ($754k), Japan ($706k), South Korea ($497k), and Kuwait ($240k).

The fastest growing export markets for Salt of Vietnam between 2021 and 2022 were Canada ($215k), South Korea ($198k), and Kuwait ($142k).

Imports In 2022, Vietnam imported $49.6M in Salt, becoming the 22nd largest importer of Salt in the world. At the same year, Salt was the 552nd most imported product in Vietnam. Vietnam imports Salt primarily from: India ($18.7M), China ($16.3M), Thailand ($7.71M), Egypt ($2.23M), and Chinese Taipei ($927k).

The fastest growing import markets in Salt for Vietnam between 2021 and 2022 were India ($13.1M), Thailand ($6.21M), and Egypt ($2.23M).

COMPANIES In 2023, leading companies such as Samsung (84), Ashley Furniture (4), and Home Depot (3) were at the forefront of shipping Salt from Vietnam to the United States.

Latest Trends

Sep 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 Salt. 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)$3.84M
IMPORTS (2022)$49.6M
NET TRADE (2022)-$45.8M

In 2022, Vietnam exported $3.84M in Salt. The main destinations of Vietnam exports on Salt were United States ($912k), Canada ($754k), Japan ($706k), South Korea ($497k), and Kuwait ($240k).

In 2022, Vietnam imported $49.6M in Salt, mainly from India ($18.7M), China ($16.3M), Thailand ($7.71M), Egypt ($2.23M), and Chinese Taipei ($927k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Salt EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Canada$215k (39.9%)
South Korea$198k (66.2%)
Kuwait$142k (144%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salt BY Vietnam WERE (2021 - 2022):
Cambodia-$202k (-86%)
Chinese Taipei-$73.8k (-25.6%)
Russia-$41.8k (-94.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Salt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $768k
TOP IMPORT POTENTIALChina+ $2.04M

Salt’s highest export potential is United States. With an export gap of $768k.   Salt’s highest import potential is China with an import gap of $2.04M.

See methodology.

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