2023
Exports
$10.7MWorld Rnk 131 / 167
Flag Rnk 598 / 1173
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$200MWorld Rnk 45 / 174
Flag Rnk 248 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $10.7M in Gold, making it the 131st largest exporter of Gold in the world. At the same year, Gold was the 598th most exported product in Vietnam. The main destination of Gold exports from Vietnam are: Japan ($8.1M), Hong Kong ($1.63M), South Africa ($723k), United Kingdom ($162k), and Malaysia ($77.1k).

The fastest growing export markets for Gold of Vietnam between 2022 and 2023 were Hong Kong ($1.58M), Japan ($217k), and United Kingdom ($160k).

Imports In 2023, Vietnam imported $200M in Gold, becoming the 45th largest importer of Gold in the world. At the same year, Gold was the 248th most imported product in Vietnam. Vietnam imports Gold primarily from: Hong Kong ($136M), Australia ($16.3M), Japan ($16.1M), China ($10.1M), and Singapore ($6.86M).

The fastest growing import markets in Gold for Vietnam between 2022 and 2023 were Hong Kong ($22.9M), Japan ($3.77M), and China ($1.84M).

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 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 (2023)$10.7M
IMPORTS (2023)$200M
NET TRADE (2023)-$189M

In 2023, Vietnam exported $10.7M in Gold. The main destinations of Vietnam exports on Gold were Japan ($8.1M), Hong Kong ($1.63M), South Africa ($723k), United Kingdom ($162k), and Malaysia ($77.1k).

In 2023, Vietnam imported $200M in Gold, mainly from Hong Kong ($136M), Australia ($16.3M), Japan ($16.1M), China ($10.1M), and Singapore ($6.86M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Hong Kong$1.58M (3.21k%)
Japan$217k (2.76%)
United Kingdom$160k (8.72k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Vietnam WERE (2022 - 2023):
Malaysia-$2.76M (-97.3%)
South Korea-$2.27M (-100%)
Panama-$27.6k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Gold were:
In 2023, 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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