2022
Exports
$13.8MWorld Rnk 128 / 176
Flag Rnk 610 / 1176
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$267MWorld Rnk 42 / 178
Flag Rnk 229 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $13.8M in Gold, making it the 128th largest exporter of Gold in the world. At the same year, Gold was the 610th most exported product in Vietnam. The main destination of Gold exports from Vietnam are: Japan ($7.85M), Malaysia ($2.93M), South Korea ($2.23M), South Africa ($707k), and Hong Kong ($49.3k).

The fastest growing export markets for Gold of Vietnam between 2021 and 2022 were Japan ($2.8M), South Korea ($2.2M), and South Africa ($225k).

Imports In 2022, Vietnam imported $267M in Gold, becoming the 42nd largest importer of Gold in the world. At the same year, Gold was the 229th most imported product in Vietnam. Vietnam imports Gold primarily from: Hong Kong ($113M), South Korea ($72M), Australia ($22.9M), Japan ($15.6M), and China ($10.8M).

The fastest growing import markets in Gold for Vietnam between 2021 and 2022 were South Korea ($8.1M), Thailand ($4.73M), and Hong Kong ($1.84M).

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 Gold. 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)$13.8M
IMPORTS (2022)$267M
NET TRADE (2022)-$253M

In 2022, Vietnam exported $13.8M in Gold. The main destinations of Vietnam exports on Gold were Japan ($7.85M), Malaysia ($2.93M), South Korea ($2.23M), South Africa ($707k), and Hong Kong ($49.3k).

In 2022, Vietnam imported $267M in Gold, mainly from Hong Kong ($113M), South Korea ($72M), Australia ($22.9M), Japan ($15.6M), and China ($10.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Japan$2.8M (55.5%)
South Korea$2.2M (8.48k%)
South Africa$225k (46.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Vietnam WERE (2021 - 2022):
Malaysia-$323k (-9.94%)
Austria-$257k (-100%)
Canada-$27.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $2.12M
TOP IMPORT POTENTIALAustralia+ $21.7M

Gold’s highest export potential is Malaysia. With an export gap of $2.12M.   Gold’s highest import potential is Australia with an import gap of $21.7M.

See methodology.

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