2022
Exports
$31.3MWorld Rnk 19 / 110
Flag Rnk 476 / 1176
2022
PRODUCT COMPLEXITY IN Gelatin
-0.39Rnk 670 / 1025
2022
Imports
$55MWorld Rnk 17 / 197
Flag Rnk 525 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $31.3M in Gelatin, making it the 19th largest exporter of Gelatin in the world. At the same year, Gelatin was the 476th most exported product in Vietnam. The main destination of Gelatin exports from Vietnam are: Italy ($7.77M), South Korea ($7.28M), China ($6.9M), France ($3.29M), and Chinese Taipei ($1.52M).

The fastest growing export markets for Gelatin of Vietnam between 2021 and 2022 were China ($3.71M), Italy ($3.01M), and Chinese Taipei ($1.42M).

Imports In 2022, Vietnam imported $55M in Gelatin, becoming the 17th largest importer of Gelatin in the world. At the same year, Gelatin was the 525th most imported product in Vietnam. Vietnam imports Gelatin primarily from: China ($14.1M), France ($8.43M), South Korea ($6.27M), Germany ($4.75M), and Brazil ($4.31M).

The fastest growing import markets in Gelatin for Vietnam between 2021 and 2022 were China ($4.7M), South Korea ($3.09M), and France ($2.73M).

COMPANIES In 2023, leading companies such as Home Depot (2) and LG Electronics (1) were at the forefront of shipping Gelatin from Vietnam to the United States.

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 Gelatin. 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)$31.3M
IMPORTS (2022)$55M
NET TRADE (2022)-$23.7M

In 2022, Vietnam exported $31.3M in Gelatin. The main destinations of Vietnam exports on Gelatin were Italy ($7.77M), South Korea ($7.28M), China ($6.9M), France ($3.29M), and Chinese Taipei ($1.52M).

In 2022, Vietnam imported $55M in Gelatin, mainly from China ($14.1M), France ($8.43M), South Korea ($6.27M), Germany ($4.75M), and Brazil ($4.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gelatin EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$3.71M (116%)
Italy$3.01M (63.3%)
Chinese Taipei$1.42M (1.43k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gelatin BY Vietnam WERE (2021 - 2022):
Spain-$267k (-23.4%)
Thailand-$238k (-39.4%)
Germany-$137k (-83.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gelatin by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.58M
TOP IMPORT POTENTIALChina+ $4.29M

Gelatin’s highest export potential is China. With an export gap of $1.58M.   Gelatin’s highest import potential is China with an import gap of $4.29M.

See methodology.

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