2022
Exports
$586kWorld Rnk 84 / 144
Flag Rnk 961 / 1176
2022
PRODUCT COMPLEXITY IN Silver
-0.98Rnk 832 / 1025
2022
Imports
$43.7MWorld Rnk 31 / 182
Flag Rnk 579 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $586k in Silver, making it the 84th largest exporter of Silver in the world. At the same year, Silver was the 961st most exported product in Vietnam. The main destination of Silver exports from Vietnam are: Germany ($400k), Chinese Taipei ($66.9k), Japan ($62.8k), South Korea ($15.9k), and Malaysia ($12.3k).

The fastest growing export markets for Silver of Vietnam between 2021 and 2022 were Malaysia ($12.3k), Hong Kong ($10.5k), and Panama ($3.37k).

Imports In 2022, Vietnam imported $43.7M in Silver, becoming the 31st largest importer of Silver in the world. At the same year, Silver was the 579th most imported product in Vietnam. Vietnam imports Silver primarily from: Japan ($18.4M), South Korea ($8.41M), Switzerland ($3.63M), Singapore ($3.59M), and Thailand ($2.18M).

The fastest growing import markets in Silver for Vietnam between 2021 and 2022 were Switzerland ($2.04M), Thailand ($792k), and Hong Kong ($644k).

Latest Trends

Oct 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 Silver. 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)$586k
IMPORTS (2022)$43.7M
NET TRADE (2022)-$43.1M

In 2022, Vietnam exported $586k in Silver. The main destinations of Vietnam exports on Silver were Germany ($400k), Chinese Taipei ($66.9k), Japan ($62.8k), South Korea ($15.9k), and Malaysia ($12.3k).

In 2022, Vietnam imported $43.7M in Silver, mainly from Japan ($18.4M), South Korea ($8.41M), Switzerland ($3.63M), Singapore ($3.59M), and Thailand ($2.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Malaysia$12.3k (1%)
Hong Kong$10.5k (1%)
Panama$3.37k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Vietnam WERE (2021 - 2022):
Canada-$713k (-99.9%)
Germany-$238k (-37.3%)
China-$93.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $277k
TOP IMPORT POTENTIALSouth Korea+ $2.5M

Silver’s highest export potential is Germany. With an export gap of $277k.   Silver’s highest import potential is South Korea with an import gap of $2.5M.

See methodology.

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