2022
Exports
$1.02BWorld Rnk 19 / 221
Flag Rnk 41 / 96
2022
PRODUCT COMPLEXITY IN Glass & glassware
1.31Rnk 92 / 1025
2022
Imports
$2.1BWorld Rnk 12 / 224
Flag Rnk 30 / 96
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $1.02B in Glass & glassware, making it the 19th largest exporter of Glass & glassware in the world. At the same year, Glass & glassware was the 41st most exported product in Vietnam. The main destination of Glass & glassware exports from Vietnam are: Singapore ($466M), Malaysia ($121M), United States ($91.5M), Japan ($67M), and India ($43.2M).

The fastest growing export markets for Glass & glassware of Vietnam between 2021 and 2022 were Singapore ($157M), Malaysia ($28.5M), and Turkey ($19.8M).

Imports In 2022, Vietnam imported $2.1B in Glass & glassware, becoming the 12th largest importer of Glass & glassware in the world. At the same year, Glass & glassware was the 30th most imported product in Vietnam. Vietnam imports Glass & glassware primarily from: China ($1.51B), South Korea ($124M), Malaysia ($106M), Japan ($103M), and Thailand ($74.4M).

The fastest growing import markets in Glass & glassware for Vietnam between 2021 and 2022 were China ($313M), Malaysia ($51.3M), and Thailand ($21.5M).

COMPANIES In 2023, leading companies such as Home Depot (255), DuPont (72), and LG Electronics (69) were at the forefront of shipping Glass & glassware 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 Glass & glassware. 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)$1.02B
IMPORTS (2022)$2.1B
NET TRADE (2022)-$1.08B

In 2022, Vietnam exported $1.02B in Glass & glassware. The main destinations of Vietnam exports on Glass & glassware were Singapore ($466M), Malaysia ($121M), United States ($91.5M), Japan ($67M), and India ($43.2M).

In 2022, Vietnam imported $2.1B in Glass & glassware, mainly from China ($1.51B), South Korea ($124M), Malaysia ($106M), Japan ($103M), and Thailand ($74.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass & glassware EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Singapore$157M (50.9%)
Malaysia$28.5M (30.8%)
Turkey$19.8M (258%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass & glassware BY Vietnam WERE (2021 - 2022):
China-$61.1M (-72.9%)
Japan-$13.1M (-16.4%)
Hong Kong-$9.83M (-73.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Glass & glassware were:
In 2022, Vietnam's main importing competitors in Glass & glassware were:

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Trade Value of Glass & glassware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $25.7M
TOP IMPORT POTENTIALChina+ $152M

Glass & glassware’s highest export potential is China. With an export gap of $25.7M.   Glass & glassware’s highest import potential is China with an import gap of $152M.

See methodology.

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