2022
Exports | Imports
$55.1M | $54MWorld Rnk 16 / 126
Flag Rnk 391 / 1176
World Rnk 18 / 202
Flag Rnk 528 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.062Rnk 60 / 124
2022
PRODUCT COMPLEXITY IN Stainless Steel Wire
1.13Rnk 127 / 1025

About

Exports In 2022, Vietnam exported $55.1M in Stainless Steel Wire, making it the 16th largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 391st most exported product in Vietnam. The main destination of Stainless Steel Wire exports from Vietnam are: Japan ($13.3M), Chinese Taipei ($12.4M), South Korea ($8.87M), United States ($5.28M), and Thailand ($3.93M).

The fastest growing export markets for Stainless Steel Wire of Vietnam between 2021 and 2022 were Japan ($2.45M), Chinese Taipei ($1.15M), and Germany ($858k).

Imports In 2022, Vietnam imported $54M in Stainless Steel Wire, becoming the 18th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 528th most imported product in Vietnam. Vietnam imports Stainless Steel Wire primarily from: China ($26.3M), Chinese Taipei ($8.11M), South Korea ($5.2M), Japan ($4.54M), and India ($3.7M).

The fastest growing import markets in Stainless Steel Wire for Vietnam between 2021 and 2022 were China ($1.09M), Thailand ($713k), and India ($453k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Stainless Steel Wire from Vietnam to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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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 Stainless Steel Wire. 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)$55.1M
IMPORTS (2022)$54M
NET TRADE (2022)$1.12M

In 2022, Vietnam exported $55.1M in Stainless Steel Wire. The main destinations of Vietnam exports on Stainless Steel Wire were Japan ($13.3M), Chinese Taipei ($12.4M), South Korea ($8.87M), United States ($5.28M), and Thailand ($3.93M).

In 2022, Vietnam imported $54M in Stainless Steel Wire, mainly from China ($26.3M), Chinese Taipei ($8.11M), South Korea ($5.2M), Japan ($4.54M), and India ($3.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Japan$2.45M (22.7%)
Chinese Taipei$1.15M (10.2%)
Germany$858k (171%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Vietnam WERE (2021 - 2022):
China-$656k (-44.1%)
United Kingdom-$277k (-74.5%)
Indonesia-$252k (-12.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Stainless Steel Wire were:
In 2022, Vietnam's main importing competitors in Stainless Steel Wire were:

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Trade Value of Stainless Steel Wire by Exporters

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