2022
Exports
$121MWorld Rnk 6 / 187
Flag Rnk 283 / 1176
2022
PRODUCT COMPLEXITY IN Twine and Rope
-0.72Rnk 762 / 1025
2022
Imports
$93.1MWorld Rnk 6 / 223
Flag Rnk 434 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $121M in Twine and Rope, making it the 6th largest exporter of Twine and Rope in the world. At the same year, Twine and Rope was the 283rd most exported product in Vietnam. The main destination of Twine and Rope exports from Vietnam are: United States ($35.8M), South Korea ($14.6M), Indonesia ($13.8M), Cambodia ($9.78M), and Chinese Taipei ($8.04M).

The fastest growing export markets for Twine and Rope of Vietnam between 2021 and 2022 were United States ($7.41M), Cambodia ($6.22M), and Chile ($1.86M).

Imports In 2022, Vietnam imported $93.1M in Twine and Rope, becoming the 6th largest importer of Twine and Rope in the world. At the same year, Twine and Rope was the 434th most imported product in Vietnam. Vietnam imports Twine and Rope primarily from: China ($49.9M), South Korea ($16.9M), Chinese Taipei ($6.01M), Thailand ($6M), and Germany ($2.64M).

The fastest growing import markets in Twine and Rope for Vietnam between 2021 and 2022 were Chinese Taipei ($725k), Brazil ($430k), and Hong Kong ($308k).

COMPANIES In 2023, leading companies such as Tmall (7), DuPont (6), and ASOS (5) were at the forefront of shipping Twine and Rope 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 Twine and Rope. 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)$121M
IMPORTS (2022)$93.1M
NET TRADE (2022)$28M

In 2022, Vietnam exported $121M in Twine and Rope. The main destinations of Vietnam exports on Twine and Rope were United States ($35.8M), South Korea ($14.6M), Indonesia ($13.8M), Cambodia ($9.78M), and Chinese Taipei ($8.04M).

In 2022, Vietnam imported $93.1M in Twine and Rope, mainly from China ($49.9M), South Korea ($16.9M), Chinese Taipei ($6.01M), Thailand ($6M), and Germany ($2.64M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Twine and Rope EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$7.41M (26.1%)
Cambodia$6.22M (175%)
Chile$1.86M (61.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Twine and Rope BY Vietnam WERE (2021 - 2022):
Australia-$4.16M (-45.7%)
New Zealand-$484k (-35.4%)
South Korea-$329k (-2.21%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Twine and Rope were:
In 2022, Vietnam's main importing competitors in Twine and Rope were:

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Trade Value of Twine and Rope by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.69M
TOP IMPORT POTENTIALChina+ $9.68M

Twine and Rope’s highest export potential is China. With an export gap of $2.69M.   Twine and Rope’s highest import potential is China with an import gap of $9.68M.

See methodology.

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