2022
Exports
$3.06kWorld Rnk 52 / 70
Flag Rnk 1152 / 1176
falsefalse Canada
2022
Imports
$2.99MWorld Rnk 22 / 128
Flag Rnk 1003 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $3.06k in Borax, making it the 52nd largest exporter of Borax in the world. At the same year, Borax was the 1152nd most exported product in Vietnam. The main destination of Borax exports from Vietnam are: Canada ($3.06k).

Imports In 2022, Vietnam imported $2.99M in Borax, becoming the 22nd largest importer of Borax in the world. At the same year, Borax was the 1003rd most imported product in Vietnam. Vietnam imports Borax primarily from: Turkey ($2.88M), China ($80.9k), Malaysia ($18.4k), Chinese Taipei ($3.73k), and South Korea ($3.09k).

The fastest growing import markets in Borax for Vietnam between 2021 and 2022 were Turkey ($765k) and Malaysia ($18.4k).

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 Borax. 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)$3.06k
IMPORTS (2022)$2.99M
NET TRADE (2022)-$2.99M

In 2022, Vietnam exported $3.06k in Borax. The main destinations of Vietnam exports on Borax were Canada ($3.06k).

In 2022, Vietnam imported $2.99M in Borax, mainly from Turkey ($2.88M), China ($80.9k), Malaysia ($18.4k), Chinese Taipei ($3.73k), and South Korea ($3.09k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Borax BY Vietnam WERE (2021 - 2022):Canada-$1.3k (-29.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Borax were:
In 2022, Vietnam's main importing competitors in Borax were:
China $121M
Brazil $70.4M
India $25.3M

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Trade Value of Borax by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $926
TOP IMPORT POTENTIALChina+ $46.8k

Borax’s highest export potential is China. With an export gap of $926.   Borax’s highest import potential is China with an import gap of $46.8k.

See methodology.

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