2023
Exports
$72.3MWorld Rnk 44 / 218
Flag Rnk 331 / 1173
2023
PRODUCT COMPLEXITY IN Beauty Products
0.35Rnk 441 / 1025
2023
Imports
$340MWorld Rnk 36 / 225
Flag Rnk 163 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $72.3M in Beauty Products, making it the 44th largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 331st most exported product in Vietnam. The main destination of Beauty Products exports from Vietnam are: Japan ($20.2M), Hong Kong ($12.3M), United States ($10.9M), Thailand ($7.62M), and China ($7.07M).

The fastest growing export markets for Beauty Products of Vietnam between 2022 and 2023 were Hong Kong ($5.69M), United States ($2.4M), and Singapore ($1.28M).

Imports In 2023, Vietnam imported $340M in Beauty Products, becoming the 36th largest importer of Beauty Products in the world. At the same year, Beauty Products was the 163rd most imported product in Vietnam. Vietnam imports Beauty Products primarily from: France ($63.6M), Singapore ($62.6M), Japan ($47.1M), United States ($25.1M), and Thailand ($21.3M).

The fastest growing import markets in Beauty Products for Vietnam between 2022 and 2023 were Singapore ($47.3M), Hong Kong ($16.5M), and China ($12.7M).

COMPANIES In 2024, leading companies such as Cloud Network Technology (2) and Office Star Products (1) were at the forefront of shipping Beauty Products from Vietnam to the United States.

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 Beauty Products. 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)$72.3M
IMPORTS (2023)$340M
NET TRADE (2023)-$268M

In 2023, Vietnam exported $72.3M in Beauty Products. The main destinations of Vietnam exports on Beauty Products were Japan ($20.2M), Hong Kong ($12.3M), United States ($10.9M), Thailand ($7.62M), and China ($7.07M).

In 2023, Vietnam imported $340M in Beauty Products, mainly from France ($63.6M), Singapore ($62.6M), Japan ($47.1M), United States ($25.1M), and Thailand ($21.3M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Hong Kong$5.69M (86.4%)
United States$2.4M (28%)
Singapore$1.28M (123%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY Vietnam WERE (2022 - 2023):
Japan-$6.55M (-24.5%)
Thailand-$2.87M (-27.4%)
South Korea-$2.83M (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Beauty Products were:
In 2023, Vietnam's main importing competitors in Beauty Products were:

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Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $23.2M
TOP IMPORT POTENTIALChina+ $19M

Beauty Products’s highest export potential is China. With an export gap of $23.2M.   Beauty Products’s highest import potential is China with an import gap of $19M.

See methodology.

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