2022
Exports
$4.71MWorld Rnk 27 / 164
Flag Rnk 752 / 1176
2022
PRODUCT COMPLEXITY IN Textile Scraps
-0.89Rnk 801 / 1025
2022
Imports
$1.8MWorld Rnk 54 / 208
Flag Rnk 1042 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $4.71M in Textile Scraps, making it the 27th largest exporter of Textile Scraps in the world. At the same year, Textile Scraps was the 752nd most exported product in Vietnam. The main destination of Textile Scraps exports from Vietnam are: India ($2.12M), Thailand ($797k), Kazakhstan ($445k), Pakistan ($437k), and Indonesia ($409k).

The fastest growing export markets for Textile Scraps of Vietnam between 2021 and 2022 were Kazakhstan ($445k), Indonesia ($387k), and India ($302k).

Imports In 2022, Vietnam imported $1.8M in Textile Scraps, becoming the 54th largest importer of Textile Scraps in the world. At the same year, Textile Scraps was the 1042nd most imported product in Vietnam. Vietnam imports Textile Scraps primarily from: Hungary ($690k), Thailand ($475k), China ($376k), Hong Kong ($110k), and South Korea ($106k).

The fastest growing import markets in Textile Scraps for Vietnam between 2021 and 2022 were Hungary ($690k), Hong Kong ($22.7k), and Canada ($9.17k).

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 Textile Scraps. 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)$4.71M
IMPORTS (2022)$1.8M
NET TRADE (2022)$2.91M

In 2022, Vietnam exported $4.71M in Textile Scraps. The main destinations of Vietnam exports on Textile Scraps were India ($2.12M), Thailand ($797k), Kazakhstan ($445k), Pakistan ($437k), and Indonesia ($409k).

In 2022, Vietnam imported $1.8M in Textile Scraps, mainly from Hungary ($690k), Thailand ($475k), China ($376k), Hong Kong ($110k), and South Korea ($106k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Scraps EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Kazakhstan$445k (1%)
Indonesia$387k (1.7k%)
India$302k (16.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Scraps BY Vietnam WERE (2021 - 2022):
China-$184k (-100%)
Pakistan-$126k (-22.5%)
Malaysia-$107k (-58.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Textile Scraps were:
In 2022, Vietnam's main importing competitors in Textile Scraps were:

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Trade Value of Textile Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $820k
TOP IMPORT POTENTIALChina+ $280k

Textile Scraps’s highest export potential is India. With an export gap of $820k.   Textile Scraps’s highest import potential is China with an import gap of $280k.

See methodology.

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