2022
Exports
$73MWorld Rnk 5 / 182
Flag Rnk 347 / 1176
2022
PRODUCT COMPLEXITY IN Blankets
-0.91Rnk 813 / 1025
2022
Imports
$114MWorld Rnk 11 / 220
Flag Rnk 385 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $73M in Blankets, making it the 5th largest exporter of Blankets in the world. At the same year, Blankets was the 347th most exported product in Vietnam. The main destination of Blankets exports from Vietnam are: United States ($45.6M), Japan ($13.3M), Qatar ($2.73M), United Arab Emirates ($2.15M), and Saudi Arabia ($1.88M).

The fastest growing export markets for Blankets of Vietnam between 2021 and 2022 were Japan ($3.71M), Qatar ($1.61M), and United Arab Emirates ($477k).

Imports In 2022, Vietnam imported $114M in Blankets, becoming the 11th largest importer of Blankets in the world. At the same year, Blankets was the 385th most imported product in Vietnam. Vietnam imports Blankets primarily from: China ($112M), South Korea ($589k), Japan ($240k), United States ($188k), and Germany ($126k).

The fastest growing import markets in Blankets for Vietnam between 2021 and 2022 were Japan ($217k), United States ($153k), and France ($113k).

COMPANIES In 2023, leading companies such as Gap (22), Home Depot (11), and Old Navy (10) were at the forefront of shipping Blankets 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 Blankets. 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)$73M
IMPORTS (2022)$114M
NET TRADE (2022)-$40.5M

In 2022, Vietnam exported $73M in Blankets. The main destinations of Vietnam exports on Blankets were United States ($45.6M), Japan ($13.3M), Qatar ($2.73M), United Arab Emirates ($2.15M), and Saudi Arabia ($1.88M).

In 2022, Vietnam imported $114M in Blankets, mainly from China ($112M), South Korea ($589k), Japan ($240k), United States ($188k), and Germany ($126k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Blankets EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Japan$3.71M (38.6%)
Qatar$1.61M (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blankets BY Vietnam WERE (2021 - 2022):
United States-$3.44M (-7.01%)
Cambodia-$2.79M (-86.7%)
Singapore-$1.16M (-88.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Blankets were:
China $4.39B
India $217M
Germany $91.3M
In 2022, Vietnam's main importing competitors in Blankets were:

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Trade Value of Blankets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.5M
TOP IMPORT POTENTIALChina+ $21.8M

Blankets’s highest export potential is United States. With an export gap of $2.5M.   Blankets’s highest import potential is China with an import gap of $21.8M.

See methodology.

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