About

Exports In 2023, Vietnam exported $42.9k in Balances, making it the 55th largest exporter of Balances in the world. At the same year, Balances was the 1073rd most exported product in Vietnam. The main destination of Balances exports from Vietnam are: Switzerland ($41.9k), Canada ($1.02k), and Cambodia ($1).

The fastest growing export markets for Balances of Vietnam between 2022 and 2023 were Switzerland ($41.9k) and Canada ($832).

Imports In 2023, Vietnam imported $3.64M in Balances, becoming the 26th largest importer of Balances in the world. At the same year, Balances was the 947th most imported product in Vietnam. Vietnam imports Balances primarily from: China ($1.83M), Germany ($566k), Philippines ($347k), Japan ($240k), and Netherlands ($128k).

The fastest growing import markets in Balances for Vietnam between 2022 and 2023 were Singapore ($108k), Netherlands ($73k), and Austria ($49.8k).

COMPANIES In 2024, leading companies such as Callaway Golf (2) and Michael Kors (2) were at the forefront of shipping Balances from Vietnam to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Balances. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$42.9k
IMPORTS (2023)$3.64M
NET TRADE (2023)-$3.6M

In 2023, Vietnam exported $42.9k in Balances. The main destinations of Vietnam exports on Balances were Switzerland ($41.9k), Canada ($1.02k), and Cambodia ($1).

In 2023, Vietnam imported $3.64M in Balances, mainly from China ($1.83M), Germany ($566k), Philippines ($347k), Japan ($240k), and Netherlands ($128k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Balances EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Switzerland$41.9k (1%)
Canada$832 (440%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Balances BY Vietnam WERE (2022 - 2023):
China-$25.3k (-100%)
Japan-$21.2k (-100%)
Cambodia-$14.4k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Balances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $46k
TOP IMPORT POTENTIALChina+ $691k

Balances’s highest export potential is China. With an export gap of $46k.   Balances’s highest import potential is China with an import gap of $691k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with