2022
Exports
$13.8MWorld Rnk 9 / 133
Flag Rnk 611 / 1176
2022
PRODUCT COMPLEXITY IN Silk Fabrics
0.43Rnk 394 / 1025
2022
Imports
$38.3MWorld Rnk 7 / 192
Flag Rnk 603 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $13.8M in Silk Fabrics, making it the 9th largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 611th most exported product in Vietnam. The main destination of Silk Fabrics exports from Vietnam are: Japan ($10.7M), India ($2.68M), Burma ($189k), Cambodia ($73.6k), and United Arab Emirates ($23.8k).

The fastest growing export markets for Silk Fabrics of Vietnam between 2021 and 2022 were India ($714k), Burma ($96.6k), and Cambodia ($66k).

Imports In 2018, Vietnam imported $38.3M in Silk Fabrics, becoming the 7th largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 603rd most imported product in Vietnam. Vietnam imports Silk Fabrics primarily from: Japan ($21.5M), China ($15.3M), Germany ($937k), South Korea ($214k), and Singapore ($133k).

The fastest growing import markets in Silk Fabrics for Vietnam between 2021 and 2022 were China ($2.93M), Singapore ($129k), and United Kingdom ($120k).

COMPANIES In 2023, leading companies such as Gap (4) and Xerox (1) were at the forefront of shipping Silk Fabrics 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 Silk Fabrics. 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)$13.8M
IMPORTS (2022)$38.3M
NET TRADE (2022)-$24.5M

In 2022, Vietnam exported $13.8M in Silk Fabrics. The main destinations of Vietnam exports on Silk Fabrics were Japan ($10.7M), India ($2.68M), Burma ($189k), Cambodia ($73.6k), and United Arab Emirates ($23.8k).

In 2022, Vietnam imported $38.3M in Silk Fabrics, mainly from Japan ($21.5M), China ($15.3M), Germany ($937k), South Korea ($214k), and Singapore ($133k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk Fabrics EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
India$714k (36.3%)
Burma$96.6k (104%)
Cambodia$66k (869%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Fabrics BY Vietnam WERE (2021 - 2022):
Japan-$141k (-1.3%)
Hong Kong-$74.7k (-95.9%)
South Korea-$30.2k (-94.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Silk Fabrics were:
China $435M
Italy $198M
India $59.9M
In 2022, Vietnam's main importing competitors in Silk Fabrics were:

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Trade Value of Silk Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $295k
TOP IMPORT POTENTIALChina+ $4.24M

Silk Fabrics’s highest export potential is India. With an export gap of $295k.   Silk Fabrics’s highest import potential is China with an import gap of $4.24M.

See methodology.

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