2022
Exports
$8.47MWorld Rnk 23 / 154
Flag Rnk 673 / 1176
2022
PRODUCT COMPLEXITY IN Ink Ribbons
1.06Rnk 149 / 1025
2022
Imports
$19.9MWorld Rnk 25 / 214
Flag Rnk 738 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $8.47M in Ink Ribbons, making it the 23rd largest exporter of Ink Ribbons in the world. At the same year, Ink Ribbons was the 673rd most exported product in Vietnam. The main destination of Ink Ribbons exports from Vietnam are: Japan ($3.5M), South Korea ($1.12M), United States ($618k), Hong Kong ($586k), and Thailand ($554k).

The fastest growing export markets for Ink Ribbons of Vietnam between 2021 and 2022 were Japan ($465k), Cambodia ($99.9k), and South Korea ($97.3k).

Imports In 2022, Vietnam imported $19.9M in Ink Ribbons, becoming the 25th largest importer of Ink Ribbons in the world. At the same year, Ink Ribbons was the 738th most imported product in Vietnam. Vietnam imports Ink Ribbons primarily from: China ($8.11M), Japan ($4.65M), Singapore ($2.36M), Malaysia ($1.47M), and South Korea ($1.3M).

The fastest growing import markets in Ink Ribbons for Vietnam between 2021 and 2022 were Malaysia ($449k), Chinese Taipei ($95.2k), and Belgium ($93.9k).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (3) and 99 Cents Only Stores (2) were at the forefront of shipping Ink Ribbons from Vietnam to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$8.47M
IMPORTS (2022)$19.9M
NET TRADE (2022)-$11.4M

In 2022, Vietnam exported $8.47M in Ink Ribbons. The main destinations of Vietnam exports on Ink Ribbons were Japan ($3.5M), South Korea ($1.12M), United States ($618k), Hong Kong ($586k), and Thailand ($554k).

In 2022, Vietnam imported $19.9M in Ink Ribbons, mainly from China ($8.11M), Japan ($4.65M), Singapore ($2.36M), Malaysia ($1.47M), and South Korea ($1.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ink Ribbons EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Japan$465k (15.3%)
Cambodia$99.9k (34.9%)
South Korea$97.3k (9.55%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ink Ribbons BY Vietnam WERE (2021 - 2022):
United States-$629k (-50.4%)
Hong Kong-$225k (-27.8%)
Poland-$150k (-55.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Vietnam's main exporting competitors in Ink Ribbons were:
Japan $301M
China $243M
In 2022, Vietnam's main importing competitors in Ink Ribbons were:

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Trade Value of Ink Ribbons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $715k
TOP IMPORT POTENTIALChina+ $2.43M

Ink Ribbons’s highest export potential is China. With an export gap of $715k.   Ink Ribbons’s highest import potential is China with an import gap of $2.43M.

See methodology.

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