2022
Exports
$1.37MWorld Rnk 73 / 209
Flag Rnk 887 / 1176
2022
PRODUCT COMPLEXITY IN Used Clothing
-0.56Rnk 716 / 1025
2022
Imports
$7.82MWorld Rnk 99 / 216
Flag Rnk 882 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $1.37M in Used Clothing, making it the 73rd largest exporter of Used Clothing in the world. At the same year, Used Clothing was the 887th most exported product in Vietnam. The main destination of Used Clothing exports from Vietnam are: Japan ($534k), South Korea ($188k), United States ($97.7k), Netherlands ($75.3k), and Singapore ($53.8k).

The fastest growing export markets for Used Clothing of Vietnam between 2021 and 2022 were Netherlands ($73k), United States ($66k), and Malaysia ($31.3k).

Imports In 2022, Vietnam imported $7.82M in Used Clothing, becoming the 99th largest importer of Used Clothing in the world. At the same year, Used Clothing was the 882nd most imported product in Vietnam. Vietnam imports Used Clothing primarily from: China ($5.38M), South Korea ($1.5M), United Arab Emirates ($332k), Thailand ($128k), and United States ($112k).

The fastest growing import markets in Used Clothing for Vietnam between 2021 and 2022 were South Korea ($1.4M), United Arab Emirates ($296k), and United States ($93k).

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 Used Clothing. 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)$1.37M
IMPORTS (2022)$7.82M
NET TRADE (2022)-$6.45M

In 2022, Vietnam exported $1.37M in Used Clothing. The main destinations of Vietnam exports on Used Clothing were Japan ($534k), South Korea ($188k), United States ($97.7k), Netherlands ($75.3k), and Singapore ($53.8k).

In 2022, Vietnam imported $7.82M in Used Clothing, mainly from China ($5.38M), South Korea ($1.5M), United Arab Emirates ($332k), Thailand ($128k), and United States ($112k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Used Clothing EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Netherlands$73k (3.09k%)
United States$66k (208%)
Malaysia$31.3k (291%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used Clothing BY Vietnam WERE (2021 - 2022):
South Korea-$669k (-78%)
Japan-$283k (-34.6%)
Australia-$87.8k (-82.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Used Clothing by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $78.4k
TOP IMPORT POTENTIALChina+ $2.75M

Used Clothing’s highest export potential is Thailand. With an export gap of $78.4k.   Used Clothing’s highest import potential is China with an import gap of $2.75M.

See methodology.

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