2022
Exports
$42.1kWorld Rnk 72 / 110
Flag Rnk 1109 / 1176
2022
PRODUCT COMPLEXITY IN Hormones
0.61Rnk 317 / 1025
2022
Imports
$23.6MWorld Rnk 36 / 188
Flag Rnk 706 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $42.1k in Hormones, making it the 72nd largest exporter of Hormones in the world. At the same year, Hormones was the 1109th most exported product in Vietnam. The main destination of Hormones exports from Vietnam are: Italy ($21.3k), Laos ($12.9k), Germany ($7.91k), South Korea ($2), and Czechia ($1).

The fastest growing export markets for Hormones of Vietnam between 2021 and 2022 were Italy ($21.3k), Germany ($7.91k), and Laos ($1.9k).

Imports In 2022, Vietnam imported $23.6M in Hormones, becoming the 36th largest importer of Hormones in the world. At the same year, Hormones was the 706th most imported product in Vietnam. Vietnam imports Hormones primarily from: China ($19.3M), Italy ($1.42M), India ($1.33M), United Kingdom ($332k), and Malaysia ($260k).

The fastest growing import markets in Hormones for Vietnam between 2021 and 2022 were China ($2.17M), Italy ($372k), and United Kingdom ($274k).

Latest Trends

Jul 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 Hormones. 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)$42.1k
IMPORTS (2022)$23.6M
NET TRADE (2022)-$23.5M

In 2022, Vietnam exported $42.1k in Hormones. The main destinations of Vietnam exports on Hormones were Italy ($21.3k), Laos ($12.9k), Germany ($7.91k), South Korea ($2), and Czechia ($1).

In 2022, Vietnam imported $23.6M in Hormones, mainly from China ($19.3M), Italy ($1.42M), India ($1.33M), United Kingdom ($332k), and Malaysia ($260k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hormones EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Italy$21.3k (1%)
Germany$7.91k (1%)
Laos$1.9k (17.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hormones BY Vietnam WERE (2021 - 2022):
Malaysia-$120k (-100%)
China-$80k (-100%)
Oman-$17.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hormones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $35.4k
TOP IMPORT POTENTIALChina+ $4.88M

Hormones’s highest export potential is Italy. With an export gap of $35.4k.   Hormones’s highest import potential is China with an import gap of $4.88M.

See methodology.

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