2023
Exports
$28.2MWorld Rnk 8 / 153
Flag Rnk 452 / 1173
2023
PRODUCT COMPLEXITY IN Artificial Filament Sewing Thread
-0.43Rnk 675 / 1025
2023
Imports
$61.7MWorld Rnk 2 / 203
Flag Rnk 482 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $28.2M in Artificial Filament Sewing Thread, making it the 8th largest exporter of Artificial Filament Sewing Thread in the world. At the same year, Artificial Filament Sewing Thread was the 452nd most exported product in Vietnam. The main destination of Artificial Filament Sewing Thread exports from Vietnam are: Cambodia ($8.15M), Indonesia ($6.9M), Germany ($1.72M), Philippines ($1.69M), and Thailand ($1.52M).

The fastest growing export markets for Artificial Filament Sewing Thread of Vietnam between 2022 and 2023 were Germany ($1.66M), Philippines ($1.4M), and Indonesia ($1.34M).

Imports In 2023, Vietnam imported $61.7M in Artificial Filament Sewing Thread, becoming the 2nd largest importer of Artificial Filament Sewing Thread in the world. At the same year, Artificial Filament Sewing Thread was the 482nd most imported product in Vietnam. Vietnam imports Artificial Filament Sewing Thread primarily from: China ($39.7M), Hong Kong ($7.05M), Japan ($3.65M), United Kingdom ($3.2M), and Thailand ($3.19M).

The fastest growing import markets in Artificial Filament Sewing Thread for Vietnam between 2022 and 2023 were Hong Kong ($4.68M), Germany ($709k), and France ($21.2k).

Latest Trends

Dec 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 Artificial Filament Sewing Thread. 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)$28.2M
IMPORTS (2023)$61.7M
NET TRADE (2023)-$33.5M

In 2023, Vietnam exported $28.2M in Artificial Filament Sewing Thread. The main destinations of Vietnam exports on Artificial Filament Sewing Thread were Cambodia ($8.15M), Indonesia ($6.9M), Germany ($1.72M), Philippines ($1.69M), and Thailand ($1.52M).

In 2023, Vietnam imported $61.7M in Artificial Filament Sewing Thread, mainly from China ($39.7M), Hong Kong ($7.05M), Japan ($3.65M), United Kingdom ($3.2M), and Thailand ($3.19M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Artificial Filament Sewing Thread EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Germany$1.66M (3.01k%)
Philippines$1.4M (477%)
Indonesia$1.34M (24.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Filament Sewing Thread BY Vietnam WERE (2022 - 2023):
Cambodia-$15.3M (-65.3%)
Burma-$1.91M (-78%)
Laos-$1.04M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Artificial Filament Sewing Thread were:
In 2023, Vietnam's main importing competitors in Artificial Filament Sewing Thread were:

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Trade Value of Artificial Filament Sewing Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.2M
TOP IMPORT POTENTIALChina+ $3.51M

Artificial Filament Sewing Thread’s highest export potential is China. With an export gap of $1.2M.   Artificial Filament Sewing Thread’s highest import potential is China with an import gap of $3.51M.

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