2022
Exports
$307MWorld Rnk 9 / 161
Flag Rnk 176 / 1176
2022
PRODUCT COMPLEXITY IN Bananas
-1.99Rnk 1001 / 1025
2022
Imports
$4.81MWorld Rnk 86 / 196
Flag Rnk 951 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $307M in Bananas, making it the 9th largest exporter of Bananas in the world. At the same year, Bananas was the 176th most exported product in Vietnam. The main destination of Bananas exports from Vietnam are: China ($265M), South Korea ($18.1M), Japan ($7.58M), Malaysia ($7M), and Russia ($3.68M).

The fastest growing export markets for Bananas of Vietnam between 2021 and 2022 were China ($68.1M), South Korea ($9.76M), and Malaysia ($1.48M).

Imports In 2022, Vietnam imported $4.81M in Bananas, becoming the 86th largest importer of Bananas in the world. At the same year, Bananas was the 951st most imported product in Vietnam. Vietnam imports Bananas primarily from: Laos ($3.64M), Cambodia ($1.05M), France ($112k), Australia ($3.85k), and Brazil ($350).

The fastest growing import markets in Bananas for Vietnam between 2021 and 2022 were Cambodia ($621k), France ($12.3k), and Australia ($1.49k).

COMPANIES In 2023, leading companies such as IKEA Group (5) and Amazon (1) were at the forefront of shipping Bananas 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 Bananas. 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)$307M
IMPORTS (2022)$4.81M
NET TRADE (2022)$302M

In 2022, Vietnam exported $307M in Bananas. The main destinations of Vietnam exports on Bananas were China ($265M), South Korea ($18.1M), Japan ($7.58M), Malaysia ($7M), and Russia ($3.68M).

In 2022, Vietnam imported $4.81M in Bananas, mainly from Laos ($3.64M), Cambodia ($1.05M), France ($112k), Australia ($3.85k), and Brazil ($350).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$68.1M (34.6%)
South Korea$9.76M (117%)
Malaysia$1.48M (26.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Vietnam WERE (2021 - 2022):
Australia-$1.35M (-66%)
Ukraine-$256k (-72.7%)
Kuwait-$185k (-86%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13.6M
TOP IMPORT POTENTIALCambodia+ $619k

Bananas’s highest export potential is China. With an export gap of $13.6M.   Bananas’s highest import potential is Cambodia with an import gap of $619k.

See methodology.

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