2022
Exports
$22.6MWorld Rnk 14 / 156
Flag Rnk 533 / 1176
2022
PRODUCT COMPLEXITY IN Buttons
0.32Rnk 436 / 1025
2022
Imports
$159MWorld Rnk 2 / 207
Flag Rnk 325 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $22.6M in Buttons, making it the 14th largest exporter of Buttons in the world. At the same year, Buttons was the 533rd most exported product in Vietnam. The main destination of Buttons exports from Vietnam are: Italy ($6.55M), Hong Kong ($2.59M), South Korea ($2.42M), Japan ($2.27M), and Turkey ($1.53M).

The fastest growing export markets for Buttons of Vietnam between 2021 and 2022 were Italy ($1.23M), Turkey ($785k), and Hong Kong ($457k).

Imports In 2022, Vietnam imported $159M in Buttons, becoming the 2nd largest importer of Buttons in the world. At the same year, Buttons was the 325th most imported product in Vietnam. Vietnam imports Buttons primarily from: China ($82.4M), Japan ($22.4M), South Korea ($15.3M), Hong Kong ($13.7M), and Chinese Taipei ($13.4M).

The fastest growing import markets in Buttons for Vietnam between 2021 and 2022 were China ($11.9M), Chinese Taipei ($639k), and Egypt ($563k).

COMPANIES In 2023, leading companies such as Michael Kors (5), Gap (2), and Athleta (1) were at the forefront of shipping Buttons from Vietnam to the United States.

Latest Trends

Jul 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 Buttons. 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)$22.6M
IMPORTS (2022)$159M
NET TRADE (2022)-$137M

In 2022, Vietnam exported $22.6M in Buttons. The main destinations of Vietnam exports on Buttons were Italy ($6.55M), Hong Kong ($2.59M), South Korea ($2.42M), Japan ($2.27M), and Turkey ($1.53M).

In 2022, Vietnam imported $159M in Buttons, mainly from China ($82.4M), Japan ($22.4M), South Korea ($15.3M), Hong Kong ($13.7M), and Chinese Taipei ($13.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buttons EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Italy$1.23M (23.2%)
Turkey$785k (105%)
Hong Kong$457k (21.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buttons BY Vietnam WERE (2021 - 2022):
China-$732k (-48.7%)
South Korea-$263k (-9.79%)
United States-$189k (-40.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Buttons were:
In 2022, Vietnam's main importing competitors in Buttons were:

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Trade Value of Buttons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.27M
TOP IMPORT POTENTIALChina+ $5.37M

Buttons’s highest export potential is China. With an export gap of $1.27M.   Buttons’s highest import potential is China with an import gap of $5.37M.

See methodology.

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