2022
Exports
$81.1MWorld Rnk 7 / 118
Flag Rnk 330 / 1176
2022
PRODUCT COMPLEXITY IN Synthetic Monofilament
0.15Rnk 502 / 1025
2022
Imports
$36.2MWorld Rnk 14 / 200
Flag Rnk 616 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $81.1M in Synthetic Monofilament, making it the 7th largest exporter of Synthetic Monofilament in the world. At the same year, Synthetic Monofilament was the 330th most exported product in Vietnam. The main destination of Synthetic Monofilament exports from Vietnam are: United States ($42.7M), China ($7.84M), Mexico ($6.22M), Belgium ($4.56M), and Netherlands ($2.64M).

The fastest growing export markets for Synthetic Monofilament of Vietnam between 2021 and 2022 were United States ($25.7M), Mexico ($5.39M), and China ($2.67M).

Imports In 2022, Vietnam imported $36.2M in Synthetic Monofilament, becoming the 14th largest importer of Synthetic Monofilament in the world. At the same year, Synthetic Monofilament was the 616th most imported product in Vietnam. Vietnam imports Synthetic Monofilament primarily from: China ($19.2M), South Korea ($3.55M), Indonesia ($3.51M), Singapore ($2.9M), and Thailand ($2.65M).

The fastest growing import markets in Synthetic Monofilament for Vietnam between 2021 and 2022 were South Korea ($1.94M), China ($1.74M), and Indonesia ($1.18M).

COMPANIES In 2023, leading companies such as Home Depot (10) and CITY Furniture (2) were at the forefront of shipping Synthetic Monofilament 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 Monofilament. 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)$81.1M
IMPORTS (2022)$36.2M
NET TRADE (2022)$44.9M

In 2022, Vietnam exported $81.1M in Synthetic Monofilament. The main destinations of Vietnam exports on Synthetic Monofilament were United States ($42.7M), China ($7.84M), Mexico ($6.22M), Belgium ($4.56M), and Netherlands ($2.64M).

In 2022, Vietnam imported $36.2M in Synthetic Monofilament, mainly from China ($19.2M), South Korea ($3.55M), Indonesia ($3.51M), Singapore ($2.9M), and Thailand ($2.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Monofilament EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$25.7M (151%)
Mexico$5.39M (643%)
China$2.67M (51.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Monofilament BY Vietnam WERE (2021 - 2022):
Belgium-$2.69M (-37.1%)
Australia-$1.92M (-60.3%)
Netherlands-$1.89M (-41.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Synthetic Monofilament by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7M
TOP IMPORT POTENTIALChina+ $3.4M

Synthetic Monofilament’s highest export potential is China. With an export gap of $7M.   Synthetic Monofilament’s highest import potential is China with an import gap of $3.4M.

See methodology.

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