2022
Exports
$2.04MWorld Rnk 45 / 152
Flag Rnk 848 / 1176
2022
PRODUCT COMPLEXITY IN Granite
-1.39Rnk 929 / 1025
2022
Imports
$15.5MWorld Rnk 20 / 197
Flag Rnk 780 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $2.04M in Granite, making it the 45th largest exporter of Granite in the world. At the same year, Granite was the 848th most exported product in Vietnam. The main destination of Granite exports from Vietnam are: Bangladesh ($1.3M), United Kingdom ($214k), China ($199k), Chinese Taipei ($60.6k), and Japan ($49.4k).

The fastest growing export markets for Granite of Vietnam between 2021 and 2022 were Bangladesh ($967k), Chinese Taipei ($41.3k), and Singapore ($35k).

Imports In 2022, Vietnam imported $15.5M in Granite, becoming the 20th largest importer of Granite in the world. At the same year, Granite was the 780th most imported product in Vietnam. Vietnam imports Granite primarily from: India ($8.13M), Norway ($5.76M), Brazil ($516k), Japan ($342k), and China ($263k).

The fastest growing import markets in Granite for Vietnam between 2021 and 2022 were India ($1.31M), Brazil ($258k), and Norway ($250k).

COMPANIES In 2023, leading companies such as Bedrosians Tile & Stone (25), DuPont (1), and IKEA Group (1) were at the forefront of shipping Granite 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 Granite. 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)$2.04M
IMPORTS (2022)$15.5M
NET TRADE (2022)-$13.4M

In 2022, Vietnam exported $2.04M in Granite. The main destinations of Vietnam exports on Granite were Bangladesh ($1.3M), United Kingdom ($214k), China ($199k), Chinese Taipei ($60.6k), and Japan ($49.4k).

In 2022, Vietnam imported $15.5M in Granite, mainly from India ($8.13M), Norway ($5.76M), Brazil ($516k), Japan ($342k), and China ($263k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Granite EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Bangladesh$967k (290%)
Chinese Taipei$41.3k (214%)
Singapore$35k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Granite BY Vietnam WERE (2021 - 2022):
China-$88.3k (-30.8%)
Thailand-$83.5k (-64%)
Germany-$59.6k (-62.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Granite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $541k
TOP IMPORT POTENTIALIndia+ $2.11M

Granite’s highest export potential is China. With an export gap of $541k.   Granite’s highest import potential is India with an import gap of $2.11M.

See methodology.

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