2022
Exports
$58.1MWorld Rnk 27 / 159
Flag Rnk 384 / 1176
2022
PRODUCT COMPLEXITY IN Shaped Wood
-0.84Rnk 788 / 1025
2022
Imports
$13.2MWorld Rnk 42 / 221
Flag Rnk 807 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $58.1M in Shaped Wood, making it the 27th largest exporter of Shaped Wood in the world. At the same year, Shaped Wood was the 384th most exported product in Vietnam. The main destination of Shaped Wood exports from Vietnam are: United States ($36.3M), Japan ($5.91M), Mexico ($4.01M), United Kingdom ($2.06M), and China ($1.76M).

The fastest growing export markets for Shaped Wood of Vietnam between 2021 and 2022 were United States ($13.8M), United Kingdom ($1.56M), and Mexico ($1.15M).

Imports In 2022, Vietnam imported $13.2M in Shaped Wood, becoming the 42nd largest importer of Shaped Wood in the world. At the same year, Shaped Wood was the 807th most imported product in Vietnam. Vietnam imports Shaped Wood primarily from: China ($4.1M), Indonesia ($4.05M), Malaysia ($1.78M), Estonia ($407k), and Cambodia ($358k).

The fastest growing import markets in Shaped Wood for Vietnam between 2021 and 2022 were Cambodia ($357k), South Korea ($282k), and Zambia ($197k).

COMPANIES In 2023, leading companies such as Bedrosians Tile & Stone (19), Coaster Fine Furniture (3), and Amazon (2) were at the forefront of shipping Shaped Wood 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 Shaped Wood. 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)$58.1M
IMPORTS (2022)$13.2M
NET TRADE (2022)$44.9M

In 2022, Vietnam exported $58.1M in Shaped Wood. The main destinations of Vietnam exports on Shaped Wood were United States ($36.3M), Japan ($5.91M), Mexico ($4.01M), United Kingdom ($2.06M), and China ($1.76M).

In 2022, Vietnam imported $13.2M in Shaped Wood, mainly from China ($4.1M), Indonesia ($4.05M), Malaysia ($1.78M), Estonia ($407k), and Cambodia ($358k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Shaped Wood EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$13.8M (61.4%)
United Kingdom$1.56M (307%)
Mexico$1.15M (40%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Shaped Wood BY Vietnam WERE (2021 - 2022):
Japan-$1.03M (-14.9%)
Malaysia-$548k (-69.5%)
Netherlands-$317k (-18.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Shaped Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.63M
TOP IMPORT POTENTIALChina+ $2.86M

Shaped Wood’s highest export potential is China. With an export gap of $5.63M.   Shaped Wood’s highest import potential is China with an import gap of $2.86M.

See methodology.

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