2022
Exports
$9.35kWorld Rnk 60 / 85
Flag Rnk 1143 / 1176
2022
PRODUCT COMPLEXITY IN Hops
0.45Rnk 387 / 1025
2022
Imports
$10.5MWorld Rnk 20 / 160
Flag Rnk 834 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $9.35k in Hops, making it the 60th largest exporter of Hops in the world. At the same year, Hops was the 1143rd most exported product in Vietnam. The main destination of Hops exports from Vietnam are: Cambodia ($8.41k) and Philippines ($940).

The fastest growing export markets for Hops of Vietnam between 2021 and 2022 were Cambodia ($6.95k) and Philippines ($940).

Imports In 2022, Vietnam imported $10.5M in Hops, becoming the 20th largest importer of Hops in the world. At the same year, Hops was the 834th most imported product in Vietnam. Vietnam imports Hops primarily from: Germany ($7.36M), Czechia ($1.45M), United States ($616k), Slovenia ($510k), and Hong Kong ($325k).

The fastest growing import markets in Hops for Vietnam between 2021 and 2022 were Germany ($2.15M), Czechia ($614k), and Hong Kong ($311k).

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 Hops. 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)$9.35k
IMPORTS (2022)$10.5M
NET TRADE (2022)-$10.4M

In 2022, Vietnam exported $9.35k in Hops. The main destinations of Vietnam exports on Hops were Cambodia ($8.41k) and Philippines ($940).

In 2022, Vietnam imported $10.5M in Hops, mainly from Germany ($7.36M), Czechia ($1.45M), United States ($616k), Slovenia ($510k), and Hong Kong ($325k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hops EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Cambodia$6.95k (475%)
Philippines$940 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hops BY Vietnam WERE (2021 - 2022):
Singapore-$2.29k (-100%)
Angola-$205 (-100%)
Spain-$182 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPhilippines+ $1.08k
TOP IMPORT POTENTIALUnited States+ $358k

Hops’s highest export potential is Philippines. With an export gap of $1.08k.   Hops’s highest import potential is United States with an import gap of $358k.

See methodology.

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