2022
Exports
$845kWorld Rnk 26 / 80
Flag Rnk 924 / 1176
2022
PRODUCT COMPLEXITY IN Unprocessed Artificial Staple Fibers
0.34Rnk 428 / 1025
2022
Imports
$77.3MWorld Rnk 10 / 141
Flag Rnk 478 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $845k in Unprocessed Artificial Staple Fibers, making it the 26th largest exporter of Unprocessed Artificial Staple Fibers in the world. At the same year, Unprocessed Artificial Staple Fibers was the 924th most exported product in Vietnam. The main destination of Unprocessed Artificial Staple Fibers exports from Vietnam are: Belgium ($331k), China ($314k), Malaysia ($200k), and Thailand ($504).

The fastest growing export markets for Unprocessed Artificial Staple Fibers of Vietnam between 2021 and 2022 were Belgium ($331k), Malaysia ($200k), and Thailand ($440).

Imports In 2022, Vietnam imported $77.3M in Unprocessed Artificial Staple Fibers, becoming the 10th largest importer of Unprocessed Artificial Staple Fibers in the world. At the same year, Unprocessed Artificial Staple Fibers was the 478th most imported product in Vietnam. Vietnam imports Unprocessed Artificial Staple Fibers primarily from: China ($28.2M), Indonesia ($11.9M), Austria ($9.37M), Chinese Taipei ($8.57M), and Thailand ($7.44M).

The fastest growing import markets in Unprocessed Artificial Staple Fibers for Vietnam between 2021 and 2022 were Chinese Taipei ($4.77M), Japan ($906k), and United Kingdom ($841k).

COMPANIES In 2023, leading companies such as Gap (6) and Banana Republic (1) were at the forefront of shipping Unprocessed Artificial Staple Fibers 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 Unprocessed Artificial Staple Fibers. 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)$845k
IMPORTS (2022)$77.3M
NET TRADE (2022)-$76.4M

In 2022, Vietnam exported $845k in Unprocessed Artificial Staple Fibers. The main destinations of Vietnam exports on Unprocessed Artificial Staple Fibers were Belgium ($331k), China ($314k), Malaysia ($200k), and Thailand ($504).

In 2022, Vietnam imported $77.3M in Unprocessed Artificial Staple Fibers, mainly from China ($28.2M), Indonesia ($11.9M), Austria ($9.37M), Chinese Taipei ($8.57M), and Thailand ($7.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unprocessed Artificial Staple Fibers EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Belgium$331k (1%)
Malaysia$200k (1%)
Thailand$440 (688%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unprocessed Artificial Staple Fibers BY Vietnam WERE (2021 - 2022):
China-$1.73M (-84.6%)
Chinese Taipei-$402k (-100%)
Iran-$271k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Unprocessed Artificial Staple Fibers were:
In 2022, Vietnam's main importing competitors in Unprocessed Artificial Staple Fibers were:

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Trade Value of Unprocessed Artificial Staple Fibers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $575k
TOP IMPORT POTENTIALChina+ $8.47M

Unprocessed Artificial Staple Fibers’s highest export potential is China. With an export gap of $575k.   Unprocessed Artificial Staple Fibers’s highest import potential is China with an import gap of $8.47M.

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