2022
Exports
$45.9MWorld Rnk 30 / 190
Flag Rnk 416 / 1176
2022
PRODUCT COMPLEXITY IN High-voltage Protection Equipment
0.71Rnk 272 / 1025
2022
Imports
$196MWorld Rnk 9 / 218
Flag Rnk 279 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $45.9M in High-voltage Protection Equipment, making it the 30th largest exporter of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 416th most exported product in Vietnam. The main destination of High-voltage Protection Equipment exports from Vietnam are: China ($9M), India ($6.69M), South Korea ($4.7M), Netherlands ($4.15M), and Switzerland ($3.83M).

The fastest growing export markets for High-voltage Protection Equipment of Vietnam between 2021 and 2022 were India ($2.17M), Denmark ($1.11M), and Netherlands ($1.08M).

Imports In 2018, Vietnam imported $196M in High-voltage Protection Equipment, becoming the 9th largest importer of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 279th most imported product in Vietnam. Vietnam imports High-voltage Protection Equipment primarily from: China ($125M), South Korea ($22.4M), India ($6.78M), Germany ($6.03M), and Sweden ($4.47M).

The fastest growing import markets in High-voltage Protection Equipment for Vietnam between 2021 and 2022 were China ($10.9M), Chinese Taipei ($798k), and France ($694k).

COMPANIES In 2023, leading companies such as Home Depot (1) and Michael Kors (1) were at the forefront of shipping High-voltage Protection Equipment from Vietnam to the United States.

Latest Trends

Nov 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 High-voltage Protection Equipment. 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)$45.9M
IMPORTS (2022)$196M
NET TRADE (2022)-$150M

In 2022, Vietnam exported $45.9M in High-voltage Protection Equipment. The main destinations of Vietnam exports on High-voltage Protection Equipment were China ($9M), India ($6.69M), South Korea ($4.7M), Netherlands ($4.15M), and Switzerland ($3.83M).

In 2022, Vietnam imported $196M in High-voltage Protection Equipment, mainly from China ($125M), South Korea ($22.4M), India ($6.78M), Germany ($6.03M), and Sweden ($4.47M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING High-voltage Protection Equipment EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
India$2.17M (48%)
Denmark$1.11M (16.9k%)
Netherlands$1.08M (35.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF High-voltage Protection Equipment BY Vietnam WERE (2021 - 2022):
Malaysia-$2.12M (-68.9%)
South Korea-$1.48M (-23.9%)
Japan-$981k (-25.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in High-voltage Protection Equipment were:
In 2022, Vietnam's main importing competitors in High-voltage Protection Equipment were:

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Trade Value of High-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.64M
TOP IMPORT POTENTIALChina+ $12.3M

High-voltage Protection Equipment’s highest export potential is China. With an export gap of $7.64M.   High-voltage Protection Equipment’s highest import potential is China with an import gap of $12.3M.

See methodology.

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