2022
Exports
$9.53MWorld Rnk 69 / 169
Flag Rnk 658 / 1176
2022
PRODUCT COMPLEXITY IN Cheese
-0.14Rnk 591 / 1025
2022
Imports
$78.2MWorld Rnk 66 / 223
Flag Rnk 474 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $9.53M in Cheese, making it the 69th largest exporter of Cheese in the world. At the same year, Cheese was the 658th most exported product in Vietnam. The main destination of Cheese exports from Vietnam are: China ($3.53M), Singapore ($2.48M), India ($850k), Thailand ($687k), and South Korea ($597k).

The fastest growing export markets for Cheese of Vietnam between 2021 and 2022 were China ($3.47M), South Korea ($597k), and India ($431k).

Imports In 2022, Vietnam imported $78.2M in Cheese, becoming the 66th largest importer of Cheese in the world. At the same year, Cheese was the 474th most imported product in Vietnam. Vietnam imports Cheese primarily from: New Zealand ($19.6M), Australia ($10.7M), France ($6.35M), Argentina ($5.95M), and Ireland ($5.89M).

The fastest growing import markets in Cheese for Vietnam between 2021 and 2022 were New Zealand ($6.24M), Australia ($4.76M), and Argentina ($4.3M).

COMPANIES In 2023, leading companies such as Sailun Tire (15), American Omni Trading Company (2), and Chicken of the Sea (1) were at the forefront of shipping Cheese from Vietnam to the United States.

Latest Trends

Aug 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 Cheese. 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)$9.53M
IMPORTS (2022)$78.2M
NET TRADE (2022)-$68.7M

In 2022, Vietnam exported $9.53M in Cheese. The main destinations of Vietnam exports on Cheese were China ($3.53M), Singapore ($2.48M), India ($850k), Thailand ($687k), and South Korea ($597k).

In 2022, Vietnam imported $78.2M in Cheese, mainly from New Zealand ($19.6M), Australia ($10.7M), France ($6.35M), Argentina ($5.95M), and Ireland ($5.89M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$3.47M (5.62k%)
South Korea$597k (244k%)
India$431k (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY Vietnam WERE (2021 - 2022):
Thailand-$56.5k (-7.6%)
Brunei-$26.5k (-39.3%)
Philippines-$18.7k (-89.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Cheese were:
In 2022, Vietnam's main importing competitors in Cheese were:
Germany $5.19B
Italy $2.62B

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Trade Value of Cheese by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.59M
TOP IMPORT POTENTIALGermany+ $4.22M

Cheese’s highest export potential is China. With an export gap of $3.59M.   Cheese’s highest import potential is Germany with an import gap of $4.22M.

See methodology.

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