2023
Exports
$15MWorld Rnk 24 / 118
Flag Rnk 555 / 1173
2023
PRODUCT COMPLEXITY IN Casting Machines
0.64Rnk 309 / 1025
2023
Imports
$69.6MWorld Rnk 14 / 184
Flag Rnk 456 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $15M in Casting Machines, making it the 24th largest exporter of Casting Machines in the world. At the same year, Casting Machines was the 555th most exported product in Vietnam. The main destination of Casting Machines exports from Vietnam are: Japan ($11M), South Africa ($2.47M), United States ($808k), Malaysia ($197k), and Brazil ($189k).

The fastest growing export markets for Casting Machines of Vietnam between 2022 and 2023 were South Africa ($2.47M), Japan ($2.3M), and United States ($128k).

Imports In 2023, Vietnam imported $69.6M in Casting Machines, becoming the 14th largest importer of Casting Machines in the world. At the same year, Casting Machines was the 456th most imported product in Vietnam. Vietnam imports Casting Machines primarily from: China ($46.3M), Japan ($16.1M), Chinese Taipei ($3.86M), Germany ($1.46M), and Switzerland ($459k).

The fastest growing import markets in Casting Machines for Vietnam between 2022 and 2023 were United States ($145k), Switzerland ($99.2k), and Poland ($30k).

COMPANIES In 2024, leading companies such as Samsung (1) were at the forefront of shipping Casting Machines from Vietnam to the United States.

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 Casting Machines. 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)$15M
IMPORTS (2023)$69.6M
NET TRADE (2023)-$54.6M

In 2023, Vietnam exported $15M in Casting Machines. The main destinations of Vietnam exports on Casting Machines were Japan ($11M), South Africa ($2.47M), United States ($808k), Malaysia ($197k), and Brazil ($189k).

In 2023, Vietnam imported $69.6M in Casting Machines, mainly from China ($46.3M), Japan ($16.1M), Chinese Taipei ($3.86M), Germany ($1.46M), and Switzerland ($459k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Casting Machines EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
South Africa$2.47M (54.2k%)
Japan$2.3M (26.4%)
United States$128k (18.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Casting Machines BY Vietnam WERE (2022 - 2023):
Philippines-$792k (-97.9%)
Netherlands-$111k (-99.4%)
Malaysia-$94k (-32.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Vietnam's main exporting competitors in Casting Machines were:
China $1.22B
Italy $396M
In 2023, Vietnam's main importing competitors in Casting Machines were:

Explore Visualizations

Trade Value of Casting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $685k
TOP IMPORT POTENTIALChina+ $9.87M

Casting Machines’s highest export potential is United States. With an export gap of $685k.   Casting Machines’s highest import potential is China with an import gap of $9.87M.

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