Exports In 2022, Vietnam exported $6.63B in Insulated Wire, making it the 5th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 10th most exported product in Vietnam. The main destination of Insulated Wire exports from Vietnam are: Japan ($2.17B), United States ($1.37B), China ($1.08B), South Korea ($612M), and Canada ($177M).
The fastest growing export markets for Insulated Wire of Vietnam between 2021 and 2022 were South Korea ($186M), Mexico ($82.2M), and China ($64.5M).
Imports In 2022, Vietnam imported $2.55B in Insulated Wire, becoming the 16th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 23rd most imported product in Vietnam. Vietnam imports Insulated Wire primarily from: China ($1.53B), South Korea ($317M), Japan ($165M), Thailand ($117M), and Indonesia ($96.5M).
The fastest growing import markets in Insulated Wire for Vietnam between 2021 and 2022 were South Korea ($66.3M), Indonesia ($16.7M), and Thailand ($6.94M).
COMPANIES In 2023, leading companies such as Key Tronic (15), StarTech (9), and Samsung (8) were at the forefront of shipping Insulated Wire from Vietnam to the United States.