2022
Exports
$491MWorld Rnk 14 / 200
Flag Rnk 124 / 1176
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$176MWorld Rnk 28 / 220
Flag Rnk 300 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $491M in Navigation Equipment, making it the 14th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 124th most exported product in Vietnam. The main destination of Navigation Equipment exports from Vietnam are: India ($87.5M), United States ($86.2M), Germany ($71.6M), China ($47.8M), and Poland ($37.7M).

The fastest growing export markets for Navigation Equipment of Vietnam between 2021 and 2022 were India ($62.7M), Germany ($58.5M), and China ($35M).

Imports In 2022, Vietnam imported $176M in Navigation Equipment, becoming the 28th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 300th most imported product in Vietnam. Vietnam imports Navigation Equipment primarily from: China ($61.5M), South Korea ($55.7M), Spain ($18.3M), Thailand ($15M), and Singapore ($4.79M).

The fastest growing import markets in Navigation Equipment for Vietnam between 2021 and 2022 were China ($37.7M), Spain ($18.3M), and South Korea ($16.7M).

COMPANIES In 2023, leading companies such as Samsung (188), Reebok (41), and CITY Furniture (33) were at the forefront of shipping Navigation Equipment from Vietnam to the United States.

Latest Trends

Oct 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 Navigation Equipment. 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)$491M
IMPORTS (2022)$176M
NET TRADE (2022)$316M

In 2022, Vietnam exported $491M in Navigation Equipment. The main destinations of Vietnam exports on Navigation Equipment were India ($87.5M), United States ($86.2M), Germany ($71.6M), China ($47.8M), and Poland ($37.7M).

In 2022, Vietnam imported $176M in Navigation Equipment, mainly from China ($61.5M), South Korea ($55.7M), Spain ($18.3M), Thailand ($15M), and Singapore ($4.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
India$62.7M (253%)
Germany$58.5M (448%)
China$35M (274%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Vietnam WERE (2021 - 2022):
Russia-$25.4M (-100%)
Czechia-$8.52M (-18.9%)
United Kingdom-$7.25M (-72.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Navigation Equipment were:
In 2022, Vietnam's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $52.4M
TOP IMPORT POTENTIALChina+ $32.8M

Navigation Equipment’s highest export potential is China. With an export gap of $52.4M.   Navigation Equipment’s highest import potential is China with an import gap of $32.8M.

See methodology.

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