2022
Exports
$4.22MWorld Rnk 29 / 119
Flag Rnk 766 / 1176
2022
PRODUCT COMPLEXITY IN Flax Woven Fabric
0.57Rnk 334 / 1025
2022
Imports
$135MWorld Rnk 3 / 179
Flag Rnk 349 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $4.22M in Flax Woven Fabric, making it the 29th largest exporter of Flax Woven Fabric in the world. At the same year, Flax Woven Fabric was the 766th most exported product in Vietnam. The main destination of Flax Woven Fabric exports from Vietnam are: Sri Lanka ($1.94M), Indonesia ($1.07M), Singapore ($374k), Cambodia ($302k), and Malaysia ($142k).

The fastest growing export markets for Flax Woven Fabric of Vietnam between 2021 and 2022 were Sri Lanka ($1.59M), Indonesia ($1.01M), and Singapore ($252k).

Imports In 2022, Vietnam imported $135M in Flax Woven Fabric, becoming the 3rd largest importer of Flax Woven Fabric in the world. At the same year, Flax Woven Fabric was the 349th most imported product in Vietnam. Vietnam imports Flax Woven Fabric primarily from: China ($123M), Italy ($6.91M), South Korea ($1.52M), Japan ($1.3M), and Turkey ($719k).

The fastest growing import markets in Flax Woven Fabric for Vietnam between 2021 and 2022 were China ($21M), Italy ($559k), and Turkey ($369k).

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 Flax Woven Fabric. 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)$4.22M
IMPORTS (2022)$135M
NET TRADE (2022)-$131M

In 2022, Vietnam exported $4.22M in Flax Woven Fabric. The main destinations of Vietnam exports on Flax Woven Fabric were Sri Lanka ($1.94M), Indonesia ($1.07M), Singapore ($374k), Cambodia ($302k), and Malaysia ($142k).

In 2022, Vietnam imported $135M in Flax Woven Fabric, mainly from China ($123M), Italy ($6.91M), South Korea ($1.52M), Japan ($1.3M), and Turkey ($719k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Woven Fabric EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Sri Lanka$1.59M (452%)
Indonesia$1.01M (1.57k%)
Singapore$252k (206%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Woven Fabric BY Vietnam WERE (2021 - 2022):
China-$298k (-80.9%)
Cambodia-$227k (-42.9%)
Hong Kong-$143k (-97.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Flax Woven Fabric were:
China $1.18B
Italy $194M
Belgium $86.2M
In 2022, Vietnam's main importing competitors in Flax Woven Fabric were:

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Trade Value of Flax Woven Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $334k
TOP IMPORT POTENTIALIndia+ $733k

Flax Woven Fabric’s highest export potential is Indonesia. With an export gap of $334k.   Flax Woven Fabric’s highest import potential is India with an import gap of $733k.

See methodology.

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