2022
Exports
$20.6MWorld Rnk 44 / 186
Flag Rnk 550 / 1176
2022
PRODUCT COMPLEXITY IN Wood Crates
0.3Rnk 451 / 1025
2022
Imports
$9MWorld Rnk 55 / 216
Flag Rnk 861 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $20.6M in Wood Crates, making it the 44th largest exporter of Wood Crates in the world. At the same year, Wood Crates was the 550th most exported product in Vietnam. The main destination of Wood Crates exports from Vietnam are: South Korea ($4.72M), United States ($4.52M), Japan ($1.62M), Germany ($1.18M), and Singapore ($1.04M).

The fastest growing export markets for Wood Crates of Vietnam between 2021 and 2022 were United States ($1.73M), Japan ($716k), and Chinese Taipei ($524k).

Imports In 2022, Vietnam imported $9M in Wood Crates, becoming the 55th largest importer of Wood Crates in the world. At the same year, Wood Crates was the 861st most imported product in Vietnam. Vietnam imports Wood Crates primarily from: Malaysia ($3.52M), China ($3.39M), Latvia ($647k), South Korea ($475k), and Canada ($192k).

The fastest growing import markets in Wood Crates for Vietnam between 2021 and 2022 were Malaysia ($1.41M), Latvia ($300k), and South Korea ($250k).

COMPANIES In 2023, leading companies such as Home Depot (28), Walmart (23), and IKEA Group (6) were at the forefront of shipping Wood Crates 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 Wood Crates. 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)$20.6M
IMPORTS (2022)$9M
NET TRADE (2022)$11.6M

In 2022, Vietnam exported $20.6M in Wood Crates. The main destinations of Vietnam exports on Wood Crates were South Korea ($4.72M), United States ($4.52M), Japan ($1.62M), Germany ($1.18M), and Singapore ($1.04M).

In 2022, Vietnam imported $9M in Wood Crates, mainly from Malaysia ($3.52M), China ($3.39M), Latvia ($647k), South Korea ($475k), and Canada ($192k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Crates EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$1.73M (62%)
Japan$716k (78.9%)
Chinese Taipei$524k (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Crates BY Vietnam WERE (2021 - 2022):
Germany-$622k (-34.5%)
Thailand-$553k (-54.1%)
Denmark-$199k (-48.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wood Crates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.58M
TOP IMPORT POTENTIALChina+ $1.24M

Wood Crates’s highest export potential is United States. With an export gap of $1.58M.   Wood Crates’s highest import potential is China with an import gap of $1.24M.

See methodology.

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