2022
Exports
$138MWorld Rnk 29 / 213
Flag Rnk 266 / 1176
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$384MWorld Rnk 17 / 225
Flag Rnk 167 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $138M in Interchangeable Tool Parts, making it the 29th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 266th most exported product in Vietnam. The main destination of Interchangeable Tool Parts exports from Vietnam are: United States ($44.3M), Japan ($35.6M), Germany ($11.2M), China ($9.32M), and South Korea ($5.92M).

The fastest growing export markets for Interchangeable Tool Parts of Vietnam between 2021 and 2022 were Germany ($2.38M), South Korea ($1.4M), and Japan ($1.14M).

Imports In 2022, Vietnam imported $384M in Interchangeable Tool Parts, becoming the 17th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 167th most imported product in Vietnam. Vietnam imports Interchangeable Tool Parts primarily from: China ($160M), South Korea ($94.1M), Japan ($49.1M), Chinese Taipei ($17.4M), and Thailand ($14.5M).

The fastest growing import markets in Interchangeable Tool Parts for Vietnam between 2021 and 2022 were China ($36.7M), South Korea ($4.28M), and Malaysia ($1.22M).

COMPANIES In 2023, leading companies such as Stanley Black & Decker (251), Asus Computer (161), and Home Depot (10) were at the forefront of shipping Interchangeable Tool Parts from Vietnam to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$138M
IMPORTS (2022)$384M
NET TRADE (2022)-$246M

In 2022, Vietnam exported $138M in Interchangeable Tool Parts. The main destinations of Vietnam exports on Interchangeable Tool Parts were United States ($44.3M), Japan ($35.6M), Germany ($11.2M), China ($9.32M), and South Korea ($5.92M).

In 2022, Vietnam imported $384M in Interchangeable Tool Parts, mainly from China ($160M), South Korea ($94.1M), Japan ($49.1M), Chinese Taipei ($17.4M), and Thailand ($14.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Germany$2.38M (27%)
South Korea$1.4M (31%)
Japan$1.14M (3.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Vietnam WERE (2021 - 2022):
United States-$7.46M (-14.4%)
Austria-$1.19M (-70.8%)
Hong Kong-$521k (-85.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Vietnam's main exporting competitors in Interchangeable Tool Parts were:
In 2022, Vietnam's main importing competitors in Interchangeable Tool Parts were:

Explore Visualizations

Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $14.5M
TOP IMPORT POTENTIALChina+ $58.5M

Interchangeable Tool Parts’s highest export potential is China. With an export gap of $14.5M.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $58.5M.

See methodology.

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