2022
Exports
$6.29MWorld Rnk 22 / 158
Flag Rnk 719 / 1176
2022
PRODUCT COMPLEXITY IN Embroidery
-0.41Rnk 676 / 1025
2022
Imports
$50MWorld Rnk 11 / 202
Flag Rnk 549 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $6.29M in Embroidery, making it the 22nd largest exporter of Embroidery in the world. At the same year, Embroidery was the 719th most exported product in Vietnam. The main destination of Embroidery exports from Vietnam are: United States ($1.49M), El Salvador ($985k), China ($703k), Japan ($473k), and Cambodia ($406k).

The fastest growing export markets for Embroidery of Vietnam between 2021 and 2022 were China ($412k), El Salvador ($394k), and Guatemala ($261k).

Imports In 2018, Vietnam imported $50M in Embroidery, becoming the 11th largest importer of Embroidery in the world. At the same year, Embroidery was the 549th most imported product in Vietnam. Vietnam imports Embroidery primarily from: China ($33.6M), Japan ($9.41M), Thailand ($2.25M), Chinese Taipei ($2.07M), and Turkey ($610k).

The fastest growing import markets in Embroidery for Vietnam between 2021 and 2022 were China ($3.19M), Japan ($606k), and Thailand ($407k).

COMPANIES In 2023, leading companies such as Gap (5) and Brother Industries (2) were at the forefront of shipping Embroidery from Vietnam to the United States.

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 Embroidery. 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)$6.29M
IMPORTS (2022)$50M
NET TRADE (2022)-$43.7M

In 2022, Vietnam exported $6.29M in Embroidery. The main destinations of Vietnam exports on Embroidery were United States ($1.49M), El Salvador ($985k), China ($703k), Japan ($473k), and Cambodia ($406k).

In 2022, Vietnam imported $50M in Embroidery, mainly from China ($33.6M), Japan ($9.41M), Thailand ($2.25M), Chinese Taipei ($2.07M), and Turkey ($610k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Embroidery EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$412k (141%)
El Salvador$394k (66.6%)
Guatemala$261k (369%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Embroidery BY Vietnam WERE (2021 - 2022):
United States-$603k (-28.9%)
Tunisia-$181k (-60.6%)
Sri Lanka-$128k (-52.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Embroidery were:
China $897M
India $164M
In 2022, Vietnam's main importing competitors in Embroidery were:

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Trade Value of Embroidery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $601k
TOP IMPORT POTENTIALChina+ $6.51M

Embroidery’s highest export potential is China. With an export gap of $601k.   Embroidery’s highest import potential is China with an import gap of $6.51M.

See methodology.

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