2022
Exports
$4.98MWorld Rnk 44 / 183
Flag Rnk 746 / 1176
2022
PRODUCT COMPLEXITY IN Abrasive Powder
1.09Rnk 137 / 1025
2022
Imports
$92.9MWorld Rnk 14 / 224
Flag Rnk 435 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $4.98M in Abrasive Powder, making it the 44th largest exporter of Abrasive Powder in the world. At the same year, Abrasive Powder was the 746th most exported product in Vietnam. The main destination of Abrasive Powder exports from Vietnam are: Japan ($1.4M), South Korea ($949k), Cambodia ($918k), United States ($481k), and China ($409k).

The fastest growing export markets for Abrasive Powder of Vietnam between 2021 and 2022 were Cambodia ($254k), India ($111k), and Japan ($104k).

Imports In 2022, Vietnam imported $92.9M in Abrasive Powder, becoming the 14th largest importer of Abrasive Powder in the world. At the same year, Abrasive Powder was the 435th most imported product in Vietnam. Vietnam imports Abrasive Powder primarily from: China ($59.1M), Japan ($11.7M), South Korea ($7.25M), Thailand ($3.75M), and United States ($2.58M).

The fastest growing import markets in Abrasive Powder for Vietnam between 2021 and 2022 were China ($3.18M), Chinese Taipei ($614k), and South Korea ($609k).

COMPANIES In 2023, leading companies such as REI (Recreational Equipment Incorporated) (4), Old Navy (4), and PVH (Phillips-Van Heusen Corporation) (3) were at the forefront of shipping Abrasive Powder from Vietnam to the United States.

Latest Trends

Sep 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 Abrasive Powder. 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)$4.98M
IMPORTS (2022)$92.9M
NET TRADE (2022)-$87.9M

In 2022, Vietnam exported $4.98M in Abrasive Powder. The main destinations of Vietnam exports on Abrasive Powder were Japan ($1.4M), South Korea ($949k), Cambodia ($918k), United States ($481k), and China ($409k).

In 2022, Vietnam imported $92.9M in Abrasive Powder, mainly from China ($59.1M), Japan ($11.7M), South Korea ($7.25M), Thailand ($3.75M), and United States ($2.58M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Abrasive Powder EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Cambodia$254k (38.3%)
India$111k (65.9%)
Japan$104k (8.04%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Abrasive Powder BY Vietnam WERE (2021 - 2022):
Hong Kong-$154k (-65.7%)
United States-$106k (-18%)
Sri Lanka-$25.5k (-67.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Abrasive Powder were:
In 2022, Vietnam's main importing competitors in Abrasive Powder were:

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Trade Value of Abrasive Powder by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $768k
TOP IMPORT POTENTIALChina+ $5.86M

Abrasive Powder’s highest export potential is China. With an export gap of $768k.   Abrasive Powder’s highest import potential is China with an import gap of $5.86M.

See methodology.

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