2022
Exports
$47MWorld Rnk 39 / 160
Flag Rnk 412 / 1176
2022
PRODUCT COMPLEXITY IN Corn
-1.16Rnk 869 / 1025
2022
Imports
$2.62BWorld Rnk 6 / 212
Flag Rnk 22 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $47M in Corn, making it the 39th largest exporter of Corn in the world. At the same year, Corn was the 412th most exported product in Vietnam. The main destination of Corn exports from Vietnam are: Philippines ($32.6M), Cambodia ($11M), Laos ($2.15M), United States ($584k), and Chinese Taipei ($219k).

The fastest growing export markets for Corn of Vietnam between 2021 and 2022 were Chinese Taipei ($214k), Burkina Faso ($37.8k), and Cote d'Ivoire ($22.2k).

Imports In 2022, Vietnam imported $2.62B in Corn, becoming the 6th largest importer of Corn in the world. At the same year, Corn was the 22nd most imported product in Vietnam. Vietnam imports Corn primarily from: Argentina ($1.36B), Brazil ($485M), India ($243M), South Africa ($177M), and Burma ($151M).

The fastest growing import markets in Corn for Vietnam between 2021 and 2022 were Brazil ($289M), South Africa ($115M), and Pakistan ($84M).

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 Corn. 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)$47M
IMPORTS (2022)$2.62B
NET TRADE (2022)-$2.58B

In 2022, Vietnam exported $47M in Corn. The main destinations of Vietnam exports on Corn were Philippines ($32.6M), Cambodia ($11M), Laos ($2.15M), United States ($584k), and Chinese Taipei ($219k).

In 2022, Vietnam imported $2.62B in Corn, mainly from Argentina ($1.36B), Brazil ($485M), India ($243M), South Africa ($177M), and Burma ($151M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Chinese Taipei$214k (4.44k%)
Burkina Faso$37.8k (1.53k%)
Cote d'Ivoire$22.2k (229%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Vietnam WERE (2021 - 2022):
Philippines-$21.5M (-39.7%)
Cambodia-$11.8M (-51.9%)
Laos-$488k (-18.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Corn were:
In 2022, Vietnam's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $870k
TOP IMPORT POTENTIALBrazil+ $41M

Corn’s highest export potential is United States. With an export gap of $870k.   Corn’s highest import potential is Brazil with an import gap of $41M.

See methodology.

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