2022
Exports
$11.3MWorld Rnk 17 / 174
Flag Rnk 637 / 1176
2022
PRODUCT COMPLEXITY IN Umbrellas
-0.043Rnk 560 / 1025
2022
Imports
$50.3MWorld Rnk 19 / 218
Flag Rnk 548 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $11.3M in Umbrellas, making it the 17th largest exporter of Umbrellas in the world. At the same year, Umbrellas was the 637th most exported product in Vietnam. The main destination of Umbrellas exports from Vietnam are: South Korea ($5.35M), United States ($3.4M), United Kingdom ($268k), Australia ($213k), and Mozambique ($211k).

The fastest growing export markets for Umbrellas of Vietnam between 2021 and 2022 were United States ($1.1M), United Kingdom ($180k), and Germany ($152k).

Imports In 2022, Vietnam imported $50.3M in Umbrellas, becoming the 19th largest importer of Umbrellas in the world. At the same year, Umbrellas was the 548th most imported product in Vietnam. Vietnam imports Umbrellas primarily from: China ($49.8M), Singapore ($77.6k), Thailand ($72.7k), Cambodia ($69.7k), and Japan ($66.3k).

The fastest growing import markets in Umbrellas for Vietnam between 2021 and 2022 were China ($20M), Singapore ($72.4k), and Japan ($61.2k).

COMPANIES In 2023, leading companies such as At Home Procurement (53), Costco Wholesale (11), and Home Depot (11) were at the forefront of shipping Umbrellas from Vietnam to the United States.

Latest Trends

Sep 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 Umbrellas. 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)$11.3M
IMPORTS (2022)$50.3M
NET TRADE (2022)-$39.1M

In 2022, Vietnam exported $11.3M in Umbrellas. The main destinations of Vietnam exports on Umbrellas were South Korea ($5.35M), United States ($3.4M), United Kingdom ($268k), Australia ($213k), and Mozambique ($211k).

In 2022, Vietnam imported $50.3M in Umbrellas, mainly from China ($49.8M), Singapore ($77.6k), Thailand ($72.7k), Cambodia ($69.7k), and Japan ($66.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Umbrellas EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$1.1M (48%)
United Kingdom$180k (203%)
Germany$152k (263%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Umbrellas BY Vietnam WERE (2021 - 2022):
Japan-$1.15M (-85.3%)
South Korea-$824k (-13.4%)
Cambodia-$581k (-92.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Umbrellas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.46M
TOP IMPORT POTENTIALChina+ $13.3M

Umbrellas’s highest export potential is United States. With an export gap of $1.46M.   Umbrellas’s highest import potential is China with an import gap of $13.3M.

See methodology.

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