2022
Exports
$11MWorld Rnk 35 / 145
Flag Rnk 641 / 1176
2022
PRODUCT COMPLEXITY IN Electrical Insulators
0.63Rnk 303 / 1025
2022
Imports
$31.7MWorld Rnk 25 / 207
Flag Rnk 649 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $11M in Electrical Insulators, making it the 35th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 641st most exported product in Vietnam. The main destination of Electrical Insulators exports from Vietnam are: Bulgaria ($3.6M), Japan ($1.77M), South Korea ($1.38M), Switzerland ($1.08M), and Chinese Taipei ($599k).

The fastest growing export markets for Electrical Insulators of Vietnam between 2021 and 2022 were Bulgaria ($1.82M), Japan ($686k), and Switzerland ($509k).

Imports In 2022, Vietnam imported $31.7M in Electrical Insulators, becoming the 25th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 649th most imported product in Vietnam. Vietnam imports Electrical Insulators primarily from: China ($18.3M), Russia ($1.95M), France ($1.76M), United States ($1.6M), and Switzerland ($1.17M).

The fastest growing import markets in Electrical Insulators for Vietnam between 2021 and 2022 were Russia ($1.53M), Switzerland ($1.08M), and Spain ($742k).

Latest Trends

Oct 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 Electrical Insulators. 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)$11M
IMPORTS (2022)$31.7M
NET TRADE (2022)-$20.7M

In 2022, Vietnam exported $11M in Electrical Insulators. The main destinations of Vietnam exports on Electrical Insulators were Bulgaria ($3.6M), Japan ($1.77M), South Korea ($1.38M), Switzerland ($1.08M), and Chinese Taipei ($599k).

In 2022, Vietnam imported $31.7M in Electrical Insulators, mainly from China ($18.3M), Russia ($1.95M), France ($1.76M), United States ($1.6M), and Switzerland ($1.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Bulgaria$1.82M (102%)
Japan$686k (63.6%)
Switzerland$509k (89.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Vietnam WERE (2021 - 2022):
Thailand-$525k (-66.6%)
Germany-$216k (-72.9%)
Mexico-$149k (-80%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Electrical Insulators were:
In 2022, Vietnam's main importing competitors in Electrical Insulators were:

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Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.92M
TOP IMPORT POTENTIALChina+ $6.05M

Electrical Insulators’s highest export potential is China. With an export gap of $1.92M.   Electrical Insulators’s highest import potential is China with an import gap of $6.05M.

See methodology.

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