2022
Exports
$183MWorld Rnk 7 / 147
Flag Rnk 230 / 1176
2022
PRODUCT COMPLEXITY IN Steam Boilers
0.25Rnk 469 / 1025
2022
Imports
$126MWorld Rnk 7 / 208
Flag Rnk 368 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $183M in Steam Boilers, making it the 7th largest exporter of Steam Boilers in the world. At the same year, Steam Boilers was the 230th most exported product in Vietnam. The main destination of Steam Boilers exports from Vietnam are: Chinese Taipei ($67.8M), Malaysia ($25.1M), Indonesia ($22.3M), Singapore ($20.7M), and Australia ($11.7M).

The fastest growing export markets for Steam Boilers of Vietnam between 2021 and 2022 were Malaysia ($25.1M), Indonesia ($22.2M), and Singapore ($20.6M).

Imports In 2022, Vietnam imported $126M in Steam Boilers, becoming the 7th largest importer of Steam Boilers in the world. At the same year, Steam Boilers was the 368th most imported product in Vietnam. Vietnam imports Steam Boilers primarily from: China ($63.3M), Japan ($20.8M), Indonesia ($14.4M), India ($6.48M), and South Korea ($5.48M).

The fastest growing import markets in Steam Boilers for Vietnam between 2021 and 2022 were China ($29.2M), India ($5.63M), and United Kingdom ($4.83M).

COMPANIES In 2023, leading companies such as At Home Procurement (25), LG Electronics (5), and Coaster Fine Furniture (4) were at the forefront of shipping Steam Boilers from Vietnam to the United States.

Latest Trends

Nov 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 Steam Boilers. 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)$183M
IMPORTS (2022)$126M
NET TRADE (2022)$56.8M

In 2022, Vietnam exported $183M in Steam Boilers. The main destinations of Vietnam exports on Steam Boilers were Chinese Taipei ($67.8M), Malaysia ($25.1M), Indonesia ($22.3M), Singapore ($20.7M), and Australia ($11.7M).

In 2022, Vietnam imported $126M in Steam Boilers, mainly from China ($63.3M), Japan ($20.8M), Indonesia ($14.4M), India ($6.48M), and South Korea ($5.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Boilers EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Malaysia$25.1M (1%)
Indonesia$22.2M (25.6k%)
Singapore$20.6M (126k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Boilers BY Vietnam WERE (2021 - 2022):
Poland-$20.1M (-100%)
United Arab Emirates-$8.99M (-92.4%)
Japan-$7.9M (-54.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Steam Boilers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.14M
TOP IMPORT POTENTIALChina+ $13.2M

Steam Boilers’s highest export potential is United States. With an export gap of $3.14M.   Steam Boilers’s highest import potential is China with an import gap of $13.2M.

See methodology.

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