2022
Exports
$437MWorld Rnk 1 / 99
Flag Rnk 138 / 1176
2022
PRODUCT COMPLEXITY IN Non-Retail Mixed Cotton Yarn
-0.61Rnk 731 / 1025
2022
Imports
$88.2MWorld Rnk 6 / 162
Flag Rnk 443 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $437M in Non-Retail Mixed Cotton Yarn, making it the 1st largest exporter of Non-Retail Mixed Cotton Yarn in the world. At the same year, Non-Retail Mixed Cotton Yarn was the 138th most exported product in Vietnam. The main destination of Non-Retail Mixed Cotton Yarn exports from Vietnam are: China ($154M), South Korea ($62.5M), Indonesia ($35.7M), Philippines ($33.7M), and Guatemala ($27.1M).

The fastest growing export markets for Non-Retail Mixed Cotton Yarn of Vietnam between 2021 and 2022 were Philippines ($30.6M), Indonesia ($6.75M), and Turkey ($5.63M).

Imports In 2022, Vietnam imported $88.2M in Non-Retail Mixed Cotton Yarn, becoming the 6th largest importer of Non-Retail Mixed Cotton Yarn in the world. At the same year, Non-Retail Mixed Cotton Yarn was the 443rd most imported product in Vietnam. Vietnam imports Non-Retail Mixed Cotton Yarn primarily from: China ($58.9M), Malaysia ($13.3M), India ($7.29M), Indonesia ($2.88M), and Thailand ($1.59M).

The fastest growing import markets in Non-Retail Mixed Cotton Yarn for Vietnam between 2021 and 2022 were Malaysia ($12.2M), Pakistan ($326k), and Turkey ($291k).

COMPANIES In 2023, leading companies such as Old Navy (4) were at the forefront of shipping Non-Retail Mixed Cotton Yarn 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 Non-Retail Mixed Cotton Yarn. 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)$437M
IMPORTS (2022)$88.2M
NET TRADE (2022)$349M

In 2022, Vietnam exported $437M in Non-Retail Mixed Cotton Yarn. The main destinations of Vietnam exports on Non-Retail Mixed Cotton Yarn were China ($154M), South Korea ($62.5M), Indonesia ($35.7M), Philippines ($33.7M), and Guatemala ($27.1M).

In 2022, Vietnam imported $88.2M in Non-Retail Mixed Cotton Yarn, mainly from China ($58.9M), Malaysia ($13.3M), India ($7.29M), Indonesia ($2.88M), and Thailand ($1.59M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Mixed Cotton Yarn EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Philippines$30.6M (977%)
Indonesia$6.75M (23.3%)
Turkey$5.63M (75.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Mixed Cotton Yarn BY Vietnam WERE (2021 - 2022):
South Korea-$41.6M (-40%)
China-$29.4M (-16%)
Guatemala-$14.4M (-34.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Non-Retail Mixed Cotton Yarn were:
China $359M
India $256M
In 2022, Vietnam's main importing competitors in Non-Retail Mixed Cotton Yarn were:

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Trade Value of Non-Retail Mixed Cotton Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.55M
TOP IMPORT POTENTIALIndia+ $3.05M

Non-Retail Mixed Cotton Yarn’s highest export potential is China. With an export gap of $5.55M.   Non-Retail Mixed Cotton Yarn’s highest import potential is India with an import gap of $3.05M.

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