2022
Exports
$40.7MWorld Rnk 34 / 183
Flag Rnk 432 / 1176
2022
PRODUCT COMPLEXITY IN Therapeutic Appliances
0.48Rnk 372 / 1025
2022
Imports
$245MWorld Rnk 17 / 221
Flag Rnk 242 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $40.7M in Therapeutic Appliances, making it the 34th largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 432nd most exported product in Vietnam. The main destination of Therapeutic Appliances exports from Vietnam are: United States ($26.5M), Japan ($5.19M), India ($2.37M), Mexico ($1.18M), and United Arab Emirates ($608k).

The fastest growing export markets for Therapeutic Appliances of Vietnam between 2021 and 2022 were United States ($19.2M), India ($2.13M), and Mexico ($909k).

Imports In 2022, Vietnam imported $245M in Therapeutic Appliances, becoming the 17th largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 242nd most imported product in Vietnam. Vietnam imports Therapeutic Appliances primarily from: China ($225M), South Korea ($5.39M), Japan ($3.26M), Singapore ($2.68M), and United States ($1.64M).

The fastest growing import markets in Therapeutic Appliances for Vietnam between 2021 and 2022 were China ($40.1M), Greece ($220k), and Austria ($206k).

COMPANIES In 2023, leading companies such as Badcock Home Furniture (1) and Conair (1) were at the forefront of shipping Therapeutic Appliances 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 Therapeutic Appliances. 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)$40.7M
IMPORTS (2022)$245M
NET TRADE (2022)-$205M

In 2022, Vietnam exported $40.7M in Therapeutic Appliances. The main destinations of Vietnam exports on Therapeutic Appliances were United States ($26.5M), Japan ($5.19M), India ($2.37M), Mexico ($1.18M), and United Arab Emirates ($608k).

In 2022, Vietnam imported $245M in Therapeutic Appliances, mainly from China ($225M), South Korea ($5.39M), Japan ($3.26M), Singapore ($2.68M), and United States ($1.64M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$19.2M (261%)
India$2.13M (891%)
Mexico$909k (335%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY Vietnam WERE (2021 - 2022):
Laos-$2.01M (-100%)
Kyrgyzstan-$182k (-100%)
Saudi Arabia-$134k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Therapeutic Appliances were:
In 2022, Vietnam's main importing competitors in Therapeutic Appliances were:

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $9.22M
TOP IMPORT POTENTIALChina+ $45.2M

Therapeutic Appliances’s highest export potential is United States. With an export gap of $9.22M.   Therapeutic Appliances’s highest import potential is China with an import gap of $45.2M.

See methodology.

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