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2022
Exports $124MWorld Rnk 8 / 172
Flag Rnk 276 / 1176
2022
Destination $13.4M United States
2021 - 2022
FASTEST GROWING MARKET $13.4MUnited States
2022
PRODUCT COMPLEXITY IN Narrow Woven Fabric-0.052Rnk 562 / 1025
2022
Imports $334MWorld Rnk 2 / 218
Flag Rnk 191 / 1208
2022
Origin $1.28M China
2021 - 2022
FASTEST GROWING ORIGIN $1.28MUnited States
2022
ECONOMIC COMPLEXITY of Vietnam0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $124M in Narrow Woven Fabric, making it the 8th largest exporter of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 276th most exported product in Vietnam. The main destination of Narrow Woven Fabric exports from Vietnam are: United States ($36.5M), Cambodia ($17.6M), Thailand ($9.83M), Indonesia ($6.87M), and India ($6.72M).

The fastest growing export markets for Narrow Woven Fabric of Vietnam between 2021 and 2022 were United States ($13.4M), South Korea ($2.53M), and Cambodia ($1.92M).

Imports In 2022, Vietnam imported $334M in Narrow Woven Fabric, becoming the 2nd largest importer of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 191st most imported product in Vietnam. Vietnam imports Narrow Woven Fabric primarily from: China ($221M), Chinese Taipei ($44.6M), South Korea ($23.1M), Japan ($15.7M), and Thailand ($6.84M).

The fastest growing import markets in Narrow Woven Fabric for Vietnam between 2021 and 2022 were United States ($1.28M), Germany ($649k), and Chinese Taipei ($382k).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (1) were at the forefront of shipping Narrow Woven Fabric 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 Narrow Woven Fabric. 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)$124M
IMPORTS (2022)$334M
NET TRADE (2022)-$211M

In 2022, Vietnam exported $124M in Narrow Woven Fabric. The main destinations of Vietnam exports on Narrow Woven Fabric were United States ($36.5M), Cambodia ($17.6M), Thailand ($9.83M), Indonesia ($6.87M), and India ($6.72M).

In 2022, Vietnam imported $334M in Narrow Woven Fabric, mainly from China ($221M), Chinese Taipei ($44.6M), South Korea ($23.1M), Japan ($15.7M), and Thailand ($6.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Narrow Woven Fabric EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$13.4M (57.8%)
South Korea$2.53M (356%)
Cambodia$1.92M (12.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Narrow Woven Fabric BY Vietnam WERE (2021 - 2022):
Hong Kong-$2.02M (-58.6%)
China-$1.8M (-54%)
Pakistan-$1.66M (-81.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Narrow Woven Fabric were:
China $1.89B
Chinese Taipei $319M
Germany $300M
In 2022, Vietnam's main importing competitors in Narrow Woven Fabric were:
United States $441M
Mexico $279M

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Trade Value of Narrow Woven Fabric by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $3.73M
TOP IMPORT POTENTIALChina+ $9.64M

Narrow Woven Fabric’s highest export potential is China. With an export gap of $3.73M.   Narrow Woven Fabric’s highest import potential is China with an import gap of $9.64M.

See methodology.

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