2022
Exports
$455MWorld Rnk 11 / 179
Flag Rnk 133 / 1176
2022
PRODUCT COMPLEXITY IN Synthetic Filament Yarn Woven Fabric
-0.61Rnk 732 / 1025
2022
Imports
$2.9BWorld Rnk 1 / 218
Flag Rnk 20 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $455M in Synthetic Filament Yarn Woven Fabric, making it the 11th largest exporter of Synthetic Filament Yarn Woven Fabric in the world. At the same year, Synthetic Filament Yarn Woven Fabric was the 133rd most exported product in Vietnam. The main destination of Synthetic Filament Yarn Woven Fabric exports from Vietnam are: Cambodia ($42.7M), Turkey ($39.6M), Chinese Taipei ($39.5M), Indonesia ($35.8M), and Thailand ($34.1M).

The fastest growing export markets for Synthetic Filament Yarn Woven Fabric of Vietnam between 2021 and 2022 were Turkey ($18.1M), Bangladesh ($8.41M), and Chinese Taipei ($7.54M).

Imports In 2022, Vietnam imported $2.9B in Synthetic Filament Yarn Woven Fabric, becoming the 1st largest importer of Synthetic Filament Yarn Woven Fabric in the world. At the same year, Synthetic Filament Yarn Woven Fabric was the 20th most imported product in Vietnam. Vietnam imports Synthetic Filament Yarn Woven Fabric primarily from: China ($1.61B), Chinese Taipei ($454M), South Korea ($399M), Japan ($247M), and Thailand ($100M).

The fastest growing import markets in Synthetic Filament Yarn Woven Fabric for Vietnam between 2021 and 2022 were China ($283M), Chinese Taipei ($42.8M), and South Korea ($33.2M).

COMPANIES In 2023, leading companies such as Hyosung (9), REI (Recreational Equipment Incorporated) (2), and Gap (2) were at the forefront of shipping Synthetic Filament Yarn Woven Fabric from Vietnam to the United States.

Latest Trends

Jul 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 Synthetic Filament Yarn Woven Fabric. 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)$455M
IMPORTS (2022)$2.9B
NET TRADE (2022)-$2.44B

In 2022, Vietnam exported $455M in Synthetic Filament Yarn Woven Fabric. The main destinations of Vietnam exports on Synthetic Filament Yarn Woven Fabric were Cambodia ($42.7M), Turkey ($39.6M), Chinese Taipei ($39.5M), Indonesia ($35.8M), and Thailand ($34.1M).

In 2022, Vietnam imported $2.9B in Synthetic Filament Yarn Woven Fabric, mainly from China ($1.61B), Chinese Taipei ($454M), South Korea ($399M), Japan ($247M), and Thailand ($100M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Filament Yarn Woven Fabric EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Turkey$18.1M (84.2%)
Bangladesh$8.41M (42.4%)
Chinese Taipei$7.54M (23.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Filament Yarn Woven Fabric BY Vietnam WERE (2021 - 2022):
Hong Kong-$7.18M (-61.3%)
United States-$6.84M (-25.9%)
China-$3.66M (-12.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Synthetic Filament Yarn Woven Fabric were:
In 2022, Vietnam's main importing competitors in Synthetic Filament Yarn Woven Fabric were:

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Trade Value of Synthetic Filament Yarn Woven Fabric by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $30.4M
TOP IMPORT POTENTIALChina+ $173M

Synthetic Filament Yarn Woven Fabric’s highest export potential is China. With an export gap of $30.4M.   Synthetic Filament Yarn Woven Fabric’s highest import potential is China with an import gap of $173M.

See methodology.

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