2022
Exports
$154MWorld Rnk 11 / 184
Flag Rnk 248 / 1176
2022
PRODUCT COMPLEXITY IN Building Stone
-1.09Rnk 852 / 1025
2022
Imports
$530MWorld Rnk 3 / 220
Flag Rnk 133 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $154M in Building Stone, making it the 11th largest exporter of Building Stone in the world. At the same year, Building Stone was the 248th most exported product in Vietnam. The main destination of Building Stone exports from Vietnam are: South Korea ($22.4M), United States ($21M), India ($14.9M), Romania ($11.8M), and Chinese Taipei ($9.48M).

The fastest growing export markets for Building Stone of Vietnam between 2021 and 2022 were India ($4.2M), Pakistan ($3.71M), and South Korea ($3.68M).

Imports In 2022, Vietnam imported $530M in Building Stone, becoming the 3rd largest importer of Building Stone in the world. At the same year, Building Stone was the 133rd most imported product in Vietnam. Vietnam imports Building Stone primarily from: China ($294M), India ($205M), Cambodia ($13.7M), Brazil ($9.19M), and Portugal ($2.93M).

The fastest growing import markets in Building Stone for Vietnam between 2021 and 2022 were China ($71.6M), India ($64.2M), and Cambodia ($9.31M).

COMPANIES In 2023, leading companies such as Home Depot (48), DuPont (11), and Bedrosians Tile & Stone (5) were at the forefront of shipping Building Stone from Vietnam to the United States.

Latest Trends

Oct 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 Building Stone. 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)$154M
IMPORTS (2022)$530M
NET TRADE (2022)-$376M

In 2022, Vietnam exported $154M in Building Stone. The main destinations of Vietnam exports on Building Stone were South Korea ($22.4M), United States ($21M), India ($14.9M), Romania ($11.8M), and Chinese Taipei ($9.48M).

In 2022, Vietnam imported $530M in Building Stone, mainly from China ($294M), India ($205M), Cambodia ($13.7M), Brazil ($9.19M), and Portugal ($2.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Building Stone EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
India$4.2M (39.1%)
Pakistan$3.71M (877%)
South Korea$3.68M (19.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Building Stone BY Vietnam WERE (2021 - 2022):
Laos-$12.1M (-100%)
Belgium-$4.67M (-50.6%)
Germany-$2.93M (-35.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Building Stone were:
China $3.87B
Italy $1.71B
India $1.51B
In 2022, Vietnam's main importing competitors in Building Stone were:

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Trade Value of Building Stone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.6M
TOP IMPORT POTENTIALChina+ $25.4M

Building Stone’s highest export potential is United States. With an export gap of $14.6M.   Building Stone’s highest import potential is China with an import gap of $25.4M.

See methodology.

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