2022
Exports
$81.2MWorld Rnk 8 / 195
Flag Rnk 329 / 1176
2022
PRODUCT COMPLEXITY IN Knives
0.85Rnk 223 / 1025
2022
Imports
$25.3MWorld Rnk 29 / 219
Flag Rnk 691 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $81.2M in Knives, making it the 8th largest exporter of Knives in the world. At the same year, Knives was the 329th most exported product in Vietnam. The main destination of Knives exports from Vietnam are: United States ($33.9M), Germany ($11.4M), Italy ($6.2M), Japan ($5.34M), and United Kingdom ($3.39M).

The fastest growing export markets for Knives of Vietnam between 2021 and 2022 were United States ($12.1M), Germany ($5.89M), and Italy ($4.96M).

Imports In 2022, Vietnam imported $25.3M in Knives, becoming the 29th largest importer of Knives in the world. At the same year, Knives was the 691st most imported product in Vietnam. Vietnam imports Knives primarily from: China ($20.1M), Thailand ($1.33M), Japan ($984k), Chinese Taipei ($883k), and Poland ($752k).

The fastest growing import markets in Knives for Vietnam between 2021 and 2022 were Poland ($740k), Thailand ($247k), and Japan ($101k).

COMPANIES In 2023, leading companies such as Stanley Black & Decker (37), Home Depot (6), and Arhaus (2) were at the forefront of shipping Knives 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 Knives. 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)$81.2M
IMPORTS (2022)$25.3M
NET TRADE (2022)$56M

In 2022, Vietnam exported $81.2M in Knives. The main destinations of Vietnam exports on Knives were United States ($33.9M), Germany ($11.4M), Italy ($6.2M), Japan ($5.34M), and United Kingdom ($3.39M).

In 2022, Vietnam imported $25.3M in Knives, mainly from China ($20.1M), Thailand ($1.33M), Japan ($984k), Chinese Taipei ($883k), and Poland ($752k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knives EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$12.1M (55.4%)
Germany$5.89M (106%)
Italy$4.96M (400%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knives BY Vietnam WERE (2021 - 2022):
Austria-$423k (-98.2%)
Saudi Arabia-$294k (-91%)
China-$183k (-21.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Knives were:
China $1.87B
Japan $187M
In 2022, Vietnam's main importing competitors in Knives were:

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Trade Value of Knives by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.87M
TOP IMPORT POTENTIALChina+ $8.11M

Knives’s highest export potential is United States. With an export gap of $1.87M.   Knives’s highest import potential is China with an import gap of $8.11M.

See methodology.

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