2022
Exports
$1.78MWorld Rnk 38 / 112
Flag Rnk 862 / 1176
2022
PRODUCT COMPLEXITY IN Forage Crops
-0.89Rnk 805 / 1025
2022
Imports
$25.7MWorld Rnk 17 / 171
Flag Rnk 687 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $1.78M in Forage Crops, making it the 38th largest exporter of Forage Crops in the world. At the same year, Forage Crops was the 862nd most exported product in Vietnam. The main destination of Forage Crops exports from Vietnam are: Japan ($1.74M), Canada ($41.4k), Chile ($2.37k), Italy ($1.57k), and Singapore ($1.2k).

The fastest growing export markets for Forage Crops of Vietnam between 2021 and 2022 were Japan ($635k), Canada ($8.27k), and Italy ($1.57k).

Imports In 2022, Vietnam imported $25.7M in Forage Crops, becoming the 17th largest importer of Forage Crops in the world. At the same year, Forage Crops was the 687th most imported product in Vietnam. Vietnam imports Forage Crops primarily from: Australia ($22.7M), United States ($2.13M), Italy ($830k), and South Korea ($574).

The fastest growing import markets in Forage Crops for Vietnam between 2021 and 2022 were Australia ($10.7M), Italy ($257k), and South Korea ($574).

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 Forage Crops. 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)$1.78M
IMPORTS (2022)$25.7M
NET TRADE (2022)-$23.9M

In 2022, Vietnam exported $1.78M in Forage Crops. The main destinations of Vietnam exports on Forage Crops were Japan ($1.74M), Canada ($41.4k), Chile ($2.37k), Italy ($1.57k), and Singapore ($1.2k).

In 2022, Vietnam imported $25.7M in Forage Crops, mainly from Australia ($22.7M), United States ($2.13M), Italy ($830k), and South Korea ($574).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forage Crops EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Japan$635k (57.6%)
Canada$8.27k (25%)
Italy$1.57k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forage Crops BY Vietnam WERE (2021 - 2022):
Laos-$79.7k (-100%)
Malaysia-$8.95k (-100%)
South Korea-$3.01k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Forage Crops were:
In 2022, Vietnam's main importing competitors in Forage Crops were:

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Trade Value of Forage Crops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $588k
TOP IMPORT POTENTIALUnited States+ $1.6M

Forage Crops’s highest export potential is Japan. With an export gap of $588k.   Forage Crops’s highest import potential is United States with an import gap of $1.6M.

See methodology.

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