2022
Exports
$3.24BWorld Rnk 14 / 195
Flag Rnk 22 / 96
2022
PRODUCT COMPLEXITY IN Cereals
-0.36Rnk 663 / 1025
2022
Imports
$4.76BWorld Rnk 8 / 222
Flag Rnk 12 / 96
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $3.24B in Cereals, making it the 14th largest exporter of Cereals in the world. At the same year, Cereals was the 22nd most exported product in Vietnam. The main destination of Cereals exports from Vietnam are: Philippines ($1.41B), China ($429M), Cote d'Ivoire ($333M), Ghana ($230M), and Malaysia ($197M).

The fastest growing export markets for Cereals of Vietnam between 2021 and 2022 were Philippines ($179M), Cote d'Ivoire ($124M), and Malaysia ($59.1M).

Imports In 2022, Vietnam imported $4.76B in Cereals, becoming the 8th largest importer of Cereals in the world. At the same year, Cereals was the 12th most imported product in Vietnam. Vietnam imports Cereals primarily from: Argentina ($1.44B), Australia ($1.12B), Brazil ($601M), India ($461M), and Cambodia ($401M).

The fastest growing import markets in Cereals for Vietnam between 2021 and 2022 were Brazil ($348M), South Africa ($115M), and Australia ($90M).

COMPANIES In 2023, leading companies such as IKEA Group (26), Cotton On (13), and Loblaws Supermarkets (12) were at the forefront of shipping Cereals from Vietnam to the United States.

Latest Trends

Nov 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 Cereals. 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)$3.24B
IMPORTS (2022)$4.76B
NET TRADE (2022)-$1.52B

In 2022, Vietnam exported $3.24B in Cereals. The main destinations of Vietnam exports on Cereals were Philippines ($1.41B), China ($429M), Cote d'Ivoire ($333M), Ghana ($230M), and Malaysia ($197M).

In 2022, Vietnam imported $4.76B in Cereals, mainly from Argentina ($1.44B), Australia ($1.12B), Brazil ($601M), India ($461M), and Cambodia ($401M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereals EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Philippines$179M (14.5%)
Cote d'Ivoire$124M (59.2%)
Malaysia$59.1M (42.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereals BY Vietnam WERE (2021 - 2022):
Ghana-$164M (-41.5%)
China-$92.4M (-17.7%)
Papua New Guinea-$18.1M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Cereals were:
In 2022, Vietnam's main importing competitors in Cereals were:
China $18.6B
Japan $8.51B
Mexico $7.82B

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Trade Value of Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $213M
TOP IMPORT POTENTIALIndia+ $109M

Cereals’s highest export potential is China. With an export gap of $213M.   Cereals’s highest import potential is India with an import gap of $109M.

See methodology.

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