2022
Exports
$120MWorld Rnk 24 / 206
Flag Rnk 284 / 1176
2022
PRODUCT COMPLEXITY IN Shaving Products
0.1Rnk 523 / 1025
2022
Imports
$140MWorld Rnk 30 / 222
Flag Rnk 342 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $120M in Shaving Products, making it the 24th largest exporter of Shaving Products in the world. At the same year, Shaving Products was the 284th most exported product in Vietnam. The main destination of Shaving Products exports from Vietnam are: United States ($18.8M), South Korea ($16.6M), Malaysia ($15.9M), Japan ($13.7M), and Philippines ($7.33M).

The fastest growing export markets for Shaving Products of Vietnam between 2021 and 2022 were Philippines ($3.59M), Thailand ($1.9M), and South Korea ($1.46M).

Imports In 2022, Vietnam imported $140M in Shaving Products, becoming the 30th largest importer of Shaving Products in the world. At the same year, Shaving Products was the 342nd most imported product in Vietnam. Vietnam imports Shaving Products primarily from: China ($80.1M), South Korea ($19.3M), Thailand ($10.5M), Japan ($6.19M), and United States ($4.89M).

The fastest growing import markets in Shaving Products for Vietnam between 2021 and 2022 were China ($43.5M), South Korea ($4.49M), and Japan ($3.52M).

COMPANIES In 2023, leading companies such as QVC Inc (14), IKEA Group (9), and Home Depot (6) were at the forefront of shipping Shaving Products 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 Shaving Products. 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)$120M
IMPORTS (2022)$140M
NET TRADE (2022)-$20.1M

In 2022, Vietnam exported $120M in Shaving Products. The main destinations of Vietnam exports on Shaving Products were United States ($18.8M), South Korea ($16.6M), Malaysia ($15.9M), Japan ($13.7M), and Philippines ($7.33M).

In 2022, Vietnam imported $140M in Shaving Products, mainly from China ($80.1M), South Korea ($19.3M), Thailand ($10.5M), Japan ($6.19M), and United States ($4.89M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Shaving Products EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Philippines$3.59M (95.9%)
Thailand$1.9M (65.2%)
South Korea$1.46M (9.65%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Shaving Products BY Vietnam WERE (2021 - 2022):
Malaysia-$4.49M (-22%)
Chinese Taipei-$3.84M (-39.8%)
Japan-$3.8M (-21.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Shaving Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.97M
TOP IMPORT POTENTIALChina+ $17.2M

Shaving Products’s highest export potential is United States. With an export gap of $7.97M.   Shaving Products’s highest import potential is China with an import gap of $17.2M.

See methodology.

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