2018
Exports
$56World Rnk 100 / 104
Flag Rnk 1169 / 1173
2023
PRODUCT COMPLEXITY IN Wool
-2.02Rnk 1001 / 1025
2018
Imports
$1.1MWorld Rnk 43 / 132
Flag Rnk 1052 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2018, Vietnam exported $56 in Wool, making it the 100th largest exporter of Wool in the world. At the same year, Wool was the 1169th most exported product in Vietnam. The main destination of Wool exports from Vietnam are: Indonesia ($56).

The fastest growing export markets for Wool of Vietnam between 2022 and 2023 were Indonesia ($56).

Imports In 2023, Vietnam imported $1.1M in Wool, becoming the 43rd largest importer of Wool in the world. At the same year, Wool was the 1052nd most imported product in Vietnam. Vietnam imports Wool primarily from: Australia ($1.03M), Switzerland ($30.1k), Sri Lanka ($20.1k), United States ($14.2k), and Finland ($43).

The fastest growing import markets in Wool for Vietnam between 2022 and 2023 were Australia ($994k), Switzerland ($30.1k), and Sri Lanka ($20.1k).

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 Wool. 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)$56
IMPORTS (2023)$1.1M
NET TRADE (2023)-$1.1M

In 2023, Vietnam exported $56 in Wool. The main destinations of Vietnam exports on Wool were Indonesia ($56).

In 2023, Vietnam imported $1.1M in Wool, mainly from Australia ($1.03M), Switzerland ($30.1k), Sri Lanka ($20.1k), United States ($14.2k), and Finland ($43).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):Indonesia$56 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Vietnam WERE (2022 - 2023):
Denmark-$2.04k (-100%)
Sweden-$99 (-100%)
Belgium-$48 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Wool were:
In 2023, Vietnam's main importing competitors in Wool were:
China $2.02B
India $255M
Italy $209M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.34k
TOP IMPORT POTENTIALAustralia+ $174k

Wool’s highest export potential is China. With an export gap of $1.34k.   Wool’s highest import potential is Australia with an import gap of $174k.

See methodology.

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