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Exports In 2022, Vietnam exported $873k in Lake Pigments, making it the 23rd largest exporter of Lake Pigments in the world. At the same year, Lake Pigments was the 922nd most exported product in Vietnam. The main destination of Lake Pigments exports from Vietnam are: Kuwait ($826k), China ($25.6k), Sri Lanka ($21.6k), Guatemala ($258), and South Korea ($124).

The fastest growing export markets for Lake Pigments of Vietnam between 2021 and 2022 were Kuwait ($694k), China ($25.6k), and Guatemala ($258).

Imports In 2022, Vietnam imported $4.5M in Lake Pigments, becoming the 21st largest importer of Lake Pigments in the world. At the same year, Lake Pigments was the 958th most imported product in Vietnam. Vietnam imports Lake Pigments primarily from: China ($1.67M), Chinese Taipei ($862k), South Korea ($817k), India ($490k), and Peru ($228k).

The fastest growing import markets in Lake Pigments for Vietnam between 2021 and 2022 were China ($334k), India ($208k), and Germany ($179k).

COMPANIES In 2023, leading companies such as Coaster Fine Furniture (2) and Costco Wholesale (1) were at the forefront of shipping Lake Pigments 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 Lake Pigments. 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)$873k
IMPORTS (2022)$4.5M
NET TRADE (2022)-$3.63M

In 2022, Vietnam exported $873k in Lake Pigments. The main destinations of Vietnam exports on Lake Pigments were Kuwait ($826k), China ($25.6k), Sri Lanka ($21.6k), Guatemala ($258), and South Korea ($124).

In 2022, Vietnam imported $4.5M in Lake Pigments, mainly from China ($1.67M), Chinese Taipei ($862k), South Korea ($817k), India ($490k), and Peru ($228k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lake Pigments EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Kuwait$694k (527%)
China$25.6k (1%)
Guatemala$258 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lake Pigments BY Vietnam WERE (2021 - 2022):
Sri Lanka-$54k (-71.4%)
United Arab Emirates-$18.8k (-100%)
Maldives-$2.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Lake Pigments were:
In 2022, Vietnam's main importing competitors in Lake Pigments were:

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Trade Value of Lake Pigments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $54.7k
TOP IMPORT POTENTIALIndia+ $308k

Lake Pigments’s highest export potential is China. With an export gap of $54.7k.   Lake Pigments’s highest import potential is India with an import gap of $308k.

See methodology.

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