2022
Exports
$33.8MWorld Rnk 19 / 154
Flag Rnk 461 / 1176
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$10.1MWorld Rnk 56 / 212
Flag Rnk 841 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $33.8M in Coconut Oil, making it the 19th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 461st most exported product in Vietnam. The main destination of Coconut Oil exports from Vietnam are: United States ($13.8M), Canada ($9.99M), China ($3.59M), Netherlands ($2.66M), and South Korea ($1.08M).

The fastest growing export markets for Coconut Oil of Vietnam between 2021 and 2022 were Netherlands ($2.56M), Canada ($2.48M), and United Kingdom ($864k).

Imports In 2022, Vietnam imported $10.1M in Coconut Oil, becoming the 56th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 841st most imported product in Vietnam. Vietnam imports Coconut Oil primarily from: Malaysia ($4.41M), Indonesia ($2.72M), India ($1.32M), Philippines ($636k), and New Zealand ($567k).

The fastest growing import markets in Coconut Oil for Vietnam between 2021 and 2022 were Malaysia ($939k), New Zealand ($563k), and Indonesia ($429k).

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 Coconut Oil. 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)$33.8M
IMPORTS (2022)$10.1M
NET TRADE (2022)$23.7M

In 2022, Vietnam exported $33.8M in Coconut Oil. The main destinations of Vietnam exports on Coconut Oil were United States ($13.8M), Canada ($9.99M), China ($3.59M), Netherlands ($2.66M), and South Korea ($1.08M).

In 2022, Vietnam imported $10.1M in Coconut Oil, mainly from Malaysia ($4.41M), Indonesia ($2.72M), India ($1.32M), Philippines ($636k), and New Zealand ($567k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Netherlands$2.56M (2.47k%)
Canada$2.48M (33%)
United Kingdom$864k (19.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Vietnam WERE (2021 - 2022):
United States-$3.13M (-18.5%)
Malaysia-$888k (-100%)
China-$643k (-15.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.92M
TOP IMPORT POTENTIALIndonesia+ $2.5M

Coconut Oil’s highest export potential is China. With an export gap of $5.92M.   Coconut Oil’s highest import potential is Indonesia with an import gap of $2.5M.

See methodology.

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