2022
Exports
$893MWorld Rnk 19 / 219
Flag Rnk 45 / 96
2022
PRODUCT COMPLEXITY IN Stone, plaster, cement, asbestos, mica.
1.24Rnk 102 / 1025
2022
Imports
$1.24BWorld Rnk 10 / 226
Flag Rnk 45 / 96
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $893M in Stone, plaster, cement, asbestos, mica., making it the 19th largest exporter of Stone, plaster, cement, asbestos, mica. in the world. At the same year, Stone, plaster, cement, asbestos, mica. was the 45th most exported product in Vietnam. The main destination of Stone, plaster, cement, asbestos, mica. exports from Vietnam are: United States ($453M), South Korea ($59.3M), Chinese Taipei ($53.6M), Australia ($32M), and Canada ($32M).

The fastest growing export markets for Stone, plaster, cement, asbestos, mica. of Vietnam between 2021 and 2022 were United States ($8.86M), China ($3.7M), and India ($3.67M).

Imports In 2022, Vietnam imported $1.24B in Stone, plaster, cement, asbestos, mica., becoming the 10th largest importer of Stone, plaster, cement, asbestos, mica. in the world. At the same year, Stone, plaster, cement, asbestos, mica. was the 45th most imported product in Vietnam. Vietnam imports Stone, plaster, cement, asbestos, mica. primarily from: China ($708M), India ($211M), Japan ($71.1M), South Korea ($63.2M), and Thailand ($45.5M).

The fastest growing import markets in Stone, plaster, cement, asbestos, mica. for Vietnam between 2021 and 2022 were India ($65.3M), China ($22.7M), and Thailand ($13.5M).

COMPANIES In 2023, leading companies such as Home Depot (50), Euromarket Designs (40), and Bedrosians Tile & Stone (21) were at the forefront of shipping Stone, plaster, cement, asbestos, mica. from Vietnam to the United States.

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 Stone, plaster, cement, asbestos, mica.. 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)$893M
IMPORTS (2022)$1.24B
NET TRADE (2022)-$343M

In 2022, Vietnam exported $893M in Stone, plaster, cement, asbestos, mica.. The main destinations of Vietnam exports on Stone, plaster, cement, asbestos, mica. were United States ($453M), South Korea ($59.3M), Chinese Taipei ($53.6M), Australia ($32M), and Canada ($32M).

In 2022, Vietnam imported $1.24B in Stone, plaster, cement, asbestos, mica., mainly from China ($708M), India ($211M), Japan ($71.1M), South Korea ($63.2M), and Thailand ($45.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone, plaster, cement, asbestos, mica. EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$8.86M (1.99%)
China$3.7M (22.7%)
India$3.67M (25.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone, plaster, cement, asbestos, mica. BY Vietnam WERE (2021 - 2022):
Belgium-$19.1M (-48.4%)
Laos-$12.5M (-94.7%)
Germany-$6.64M (-26.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Stone, plaster, cement, asbestos, mica. were:
In 2022, Vietnam's main importing competitors in Stone, plaster, cement, asbestos, mica. were:

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Trade Value of Stone, plaster, cement, asbestos, mica. by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $27.5M
TOP IMPORT POTENTIALChina+ $96.9M

Stone, plaster, cement, asbestos, mica.’s highest export potential is China. With an export gap of $27.5M.   Stone, plaster, cement, asbestos, mica.’s highest import potential is China with an import gap of $96.9M.

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