2022
Exports
$10.3MWorld Rnk 39 / 186
Flag Rnk 647 / 1176
2022
PRODUCT COMPLEXITY IN Combustion Engines
1.13Rnk 126 / 1025
2022
Imports
$372MWorld Rnk 26 / 220
Flag Rnk 173 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $10.3M in Combustion Engines, making it the 39th largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 647th most exported product in Vietnam. The main destination of Combustion Engines exports from Vietnam are: United Arab Emirates ($3.34M), China ($3.24M), Malaysia ($875k), Iraq ($415k), and India ($343k).

The fastest growing export markets for Combustion Engines of Vietnam between 2021 and 2022 were China ($3.19M), United Arab Emirates ($2.13M), and Iraq ($355k).

Imports In 2022, Vietnam imported $372M in Combustion Engines, becoming the 26th largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 173rd most imported product in Vietnam. Vietnam imports Combustion Engines primarily from: South Korea ($103M), China ($99.2M), Japan ($61.3M), India ($45.9M), and Thailand ($36M).

The fastest growing import markets in Combustion Engines for Vietnam between 2021 and 2022 were India ($29.1M), China ($24.6M), and South Korea ($21.8M).

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 Combustion Engines. 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)$10.3M
IMPORTS (2022)$372M
NET TRADE (2022)-$362M

In 2022, Vietnam exported $10.3M in Combustion Engines. The main destinations of Vietnam exports on Combustion Engines were United Arab Emirates ($3.34M), China ($3.24M), Malaysia ($875k), Iraq ($415k), and India ($343k).

In 2022, Vietnam imported $372M in Combustion Engines, mainly from South Korea ($103M), China ($99.2M), Japan ($61.3M), India ($45.9M), and Thailand ($36M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Combustion Engines EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$3.19M (6.41k%)
Iraq$355k (586%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combustion Engines BY Vietnam WERE (2021 - 2022):
France-$800k (-99.9%)
Sri Lanka-$529k (-74.9%)
Belgium-$327k (-81.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Combustion Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.08M
TOP IMPORT POTENTIALChina+ $37.9M

Combustion Engines’s highest export potential is China. With an export gap of $5.08M.   Combustion Engines’s highest import potential is China with an import gap of $37.9M.

See methodology.

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