2023
Exports
$938MWorld Rnk 21 / 222
Flag Rnk 40 / 96
2023
PRODUCT COMPLEXITY IN Glass & glassware
1.23Rnk 99 / 1025
2023
Imports
$1.92BWorld Rnk 13 / 226
Flag Rnk 28 / 96
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $938M in Glass & glassware, making it the 21st largest exporter of Glass & glassware in the world. At the same year, Glass & glassware was the 40th most exported product in Vietnam. The main destination of Glass & glassware exports from Vietnam are: Singapore ($392M), Malaysia ($122M), United States ($96.8M), India ($71.8M), and Turkey ($56.7M).

The fastest growing export markets for Glass & glassware of Vietnam between 2022 and 2023 were Thailand ($26.3M), India ($25.6M), and Turkey ($23.1M).

Imports In 2023, Vietnam imported $1.92B in Glass & glassware, becoming the 13th largest importer of Glass & glassware in the world. At the same year, Glass & glassware was the 28th most imported product in Vietnam. Vietnam imports Glass & glassware primarily from: China ($1.54B), Malaysia ($95.8M), Japan ($65M), Thailand ($57.9M), and Hong Kong ($51.1M).

The fastest growing import markets in Glass & glassware for Vietnam between 2022 and 2023 were China ($470M), Hong Kong ($29.2M), and United Arab Emirates ($4.31M).

COMPANIES In 2024, leading companies such as LG Electronics (150), DuPont (46), and Samsung (38) were at the forefront of shipping Glass & glassware from Vietnam to the United States.

Latest Trends

Dec 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 (2023)$938M
IMPORTS (2023)$1.92B
NET TRADE (2023)-$981M

In 2023, Vietnam exported $938M in Glass & glassware. The main destinations of Vietnam exports on Glass & glassware were Singapore ($392M), Malaysia ($122M), United States ($96.8M), India ($71.8M), and Turkey ($56.7M).

In 2023, Vietnam imported $1.92B in Glass & glassware, mainly from China ($1.54B), Malaysia ($95.8M), Japan ($65M), Thailand ($57.9M), and Hong Kong ($51.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glass & glassware EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Thailand$26.3M (372%)
India$25.6M (55.4%)
Turkey$23.1M (68.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass & glassware BY Vietnam WERE (2022 - 2023):
Singapore-$173M (-30.6%)
Japan-$36.2M (-52%)
South Korea-$24.9M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Glass & glassware were:
In 2023, 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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