2022
Exports
$632MWorld Rnk 2 / 193
Flag Rnk 100 / 1176
2022
PRODUCT COMPLEXITY IN Knit Active Wear
-0.86Rnk 791 / 1025
2022
Imports
$12MWorld Rnk 53 / 212
Flag Rnk 816 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $632M in Knit Active Wear, making it the 2nd largest exporter of Knit Active Wear in the world. At the same year, Knit Active Wear was the 100th most exported product in Vietnam. The main destination of Knit Active Wear exports from Vietnam are: United States ($363M), Germany ($29.1M), France ($27.1M), South Korea ($23.2M), and Italy ($23.2M).

The fastest growing export markets for Knit Active Wear of Vietnam between 2021 and 2022 were United States ($72.1M), Germany ($10.6M), and France ($8.17M).

Imports In 2022, Vietnam imported $12M in Knit Active Wear, becoming the 53rd largest importer of Knit Active Wear in the world. At the same year, Knit Active Wear was the 816th most imported product in Vietnam. Vietnam imports Knit Active Wear primarily from: China ($8.55M), Singapore ($2.42M), Cambodia ($179k), Italy ($146k), and Malaysia ($145k).

The fastest growing import markets in Knit Active Wear for Vietnam between 2021 and 2022 were China ($3.83M), Singapore ($2.3M), and Cambodia ($154k).

COMPANIES In 2023, leading companies such as Athleta (72), Old Navy (50), and H&M Clothing (16) were at the forefront of shipping Knit Active Wear from Vietnam to the United States.

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 Knit Active Wear. 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)$632M
IMPORTS (2022)$12M
NET TRADE (2022)$620M

In 2022, Vietnam exported $632M in Knit Active Wear. The main destinations of Vietnam exports on Knit Active Wear were United States ($363M), Germany ($29.1M), France ($27.1M), South Korea ($23.2M), and Italy ($23.2M).

In 2022, Vietnam imported $12M in Knit Active Wear, mainly from China ($8.55M), Singapore ($2.42M), Cambodia ($179k), Italy ($146k), and Malaysia ($145k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Active Wear EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$72.1M (24.8%)
Germany$10.6M (57.1%)
France$8.17M (43.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Active Wear BY Vietnam WERE (2021 - 2022):
China-$1.34M (-28.9%)
Austria-$1.16M (-51.4%)
Chile-$1.08M (-47%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Knit Active Wear were:
China $2.33B
In 2022, Vietnam's main importing competitors in Knit Active Wear were:

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Trade Value of Knit Active Wear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $9.35M
TOP IMPORT POTENTIALChina+ $5.99M

Knit Active Wear’s highest export potential is Germany. With an export gap of $9.35M.   Knit Active Wear’s highest import potential is China with an import gap of $5.99M.

See methodology.

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