2023
Exports
$11.4MWorld Rnk 27 / 117
Flag Rnk 590 / 1173
2023
PRODUCT COMPLEXITY IN Boiler Plants
0.9Rnk 205 / 1025
2023
Imports
$50.7MWorld Rnk 7 / 199
Flag Rnk 529 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $11.4M in Boiler Plants, making it the 27th largest exporter of Boiler Plants in the world. At the same year, Boiler Plants was the 590th most exported product in Vietnam. The main destination of Boiler Plants exports from Vietnam are: Japan ($4.18M), China ($3.49M), Indonesia ($1.6M), Chinese Taipei ($1.22M), and United States ($814k).

The fastest growing export markets for Boiler Plants of Vietnam between 2022 and 2023 were China ($3.49M), Indonesia ($937k), and United States ($814k).

Imports In 2023, Vietnam imported $50.7M in Boiler Plants, becoming the 7th largest importer of Boiler Plants in the world. At the same year, Boiler Plants was the 529th most imported product in Vietnam. Vietnam imports Boiler Plants primarily from: Japan ($22.4M), China ($16M), Finland ($4.47M), India ($2.59M), and United Kingdom ($2.27M).

The fastest growing import markets in Boiler Plants for Vietnam between 2022 and 2023 were Finland ($4.36M), United Kingdom ($814k), and Singapore ($793k).

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 Boiler Plants. 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)$11.4M
IMPORTS (2023)$50.7M
NET TRADE (2023)-$39.4M

In 2023, Vietnam exported $11.4M in Boiler Plants. The main destinations of Vietnam exports on Boiler Plants were Japan ($4.18M), China ($3.49M), Indonesia ($1.6M), Chinese Taipei ($1.22M), and United States ($814k).

In 2023, Vietnam imported $50.7M in Boiler Plants, mainly from Japan ($22.4M), China ($16M), Finland ($4.47M), India ($2.59M), and United Kingdom ($2.27M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Boiler Plants EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
China$3.49M (1%)
Indonesia$937k (140%)
United States$814k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Boiler Plants BY Vietnam WERE (2022 - 2023):
Chinese Taipei-$1.98M (-61.9%)
Japan-$629k (-13.1%)
South Korea-$439k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Boiler Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $813k
TOP IMPORT POTENTIALChina+ $4.88M

Boiler Plants’s highest export potential is Indonesia. With an export gap of $813k.   Boiler Plants’s highest import potential is China with an import gap of $4.88M.

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