2023
Exports
$14.9kWorld Rnk 105 / 135
Flag Rnk 1100 / 1173
2023
PRODUCT COMPLEXITY IN Wheat
-0.28Rnk 640 / 1025
2023
Imports
$1.29BWorld Rnk 15 / 195
Flag Rnk 36 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $14.9k in Wheat, making it the 105th largest exporter of Wheat in the world. At the same year, Wheat was the 1100th most exported product in Vietnam. The main destination of Wheat exports from Vietnam are: Singapore ($9.15k), United Arab Emirates ($5.67k), and Indonesia ($108).

The fastest growing export markets for Wheat of Vietnam between 2022 and 2023 were Singapore ($9.15k), United Arab Emirates ($5.67k), and Indonesia ($108).

Imports In 2023, Vietnam imported $1.29B in Wheat, becoming the 15th largest importer of Wheat in the world. At the same year, Wheat was the 36th most imported product in Vietnam. Vietnam imports Wheat primarily from: Australia ($899M), United States ($145M), Canada ($75.9M), Brazil ($64.5M), and Ukraine ($50.6M).

The fastest growing import markets in Wheat for Vietnam between 2022 and 2023 were Canada ($68.4M), Romania ($27.4M), and Ukraine ($26.1M).

Latest Trends

Jan 2025

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 Wheat. 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 (2023)$14.9k
IMPORTS (2023)$1.29B
NET TRADE (2023)-$1.29B

In 2023, Vietnam exported $14.9k in Wheat. The main destinations of Vietnam exports on Wheat were Singapore ($9.15k), United Arab Emirates ($5.67k), and Indonesia ($108).

In 2023, Vietnam imported $1.29B in Wheat, mainly from Australia ($899M), United States ($145M), Canada ($75.9M), Brazil ($64.5M), and Ukraine ($50.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Singapore$9.15k (1%)
Indonesia$108 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Vietnam WERE (2022 - 2023):
Cambodia-$12.4M (-100%)
Malaysia-$301k (-100%)
Thailand-$178k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Wheat were:
In 2023, Vietnam's main importing competitors in Wheat were:

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $430k
TOP IMPORT POTENTIALUnited States+ $33M

Wheat’s highest export potential is Thailand. With an export gap of $430k.   Wheat’s highest import potential is United States with an import gap of $33M.

See methodology.

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