2022
Exports
$2.51BWorld Rnk 2 / 134
Flag Rnk 31 / 1176
2022
PRODUCT COMPLEXITY IN Non-Retail Pure Cotton Yarn
-1.83Rnk 984 / 1025
2022
Imports
$316MWorld Rnk 11 / 187
Flag Rnk 202 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $2.51B in Non-Retail Pure Cotton Yarn, making it the 2nd largest exporter of Non-Retail Pure Cotton Yarn in the world. At the same year, Non-Retail Pure Cotton Yarn was the 31st most exported product in Vietnam. The main destination of Non-Retail Pure Cotton Yarn exports from Vietnam are: China ($1.83B), South Korea ($208M), Bangladesh ($102M), Thailand ($60.8M), and India ($51.1M).

The fastest growing export markets for Non-Retail Pure Cotton Yarn of Vietnam between 2021 and 2022 were Bangladesh ($44.1M), India ($42.2M), and Thailand ($39.3M).

Imports In 2022, Vietnam imported $316M in Non-Retail Pure Cotton Yarn, becoming the 11th largest importer of Non-Retail Pure Cotton Yarn in the world. At the same year, Non-Retail Pure Cotton Yarn was the 202nd most imported product in Vietnam. Vietnam imports Non-Retail Pure Cotton Yarn primarily from: China ($178M), India ($98.4M), Malaysia ($12.9M), Pakistan ($8.21M), and Thailand ($3.67M).

The fastest growing import markets in Non-Retail Pure Cotton Yarn for Vietnam between 2021 and 2022 were China ($23.3M), Malaysia ($6.67M), and Pakistan ($748k).

COMPANIES In 2023, leading companies such as Old Navy (8), Gap (5), and LG Electronics (4) were at the forefront of shipping Non-Retail Pure 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 Pure 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)$2.51B
IMPORTS (2022)$316M
NET TRADE (2022)$2.19B

In 2022, Vietnam exported $2.51B in Non-Retail Pure Cotton Yarn. The main destinations of Vietnam exports on Non-Retail Pure Cotton Yarn were China ($1.83B), South Korea ($208M), Bangladesh ($102M), Thailand ($60.8M), and India ($51.1M).

In 2022, Vietnam imported $316M in Non-Retail Pure Cotton Yarn, mainly from China ($178M), India ($98.4M), Malaysia ($12.9M), Pakistan ($8.21M), and Thailand ($3.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Pure Cotton Yarn EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Bangladesh$44.1M (75.8%)
India$42.2M (475%)
Thailand$39.3M (184%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Pure Cotton Yarn BY Vietnam WERE (2021 - 2022):
China-$654M (-26.3%)
South Korea-$18.7M (-8.26%)
Hong Kong-$14.8M (-81.4%)

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 Pure Cotton Yarn were:
In 2022, Vietnam's main importing competitors in Non-Retail Pure Cotton Yarn were:

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Trade Value of Non-Retail Pure Cotton Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBangladesh+ $37.4M
TOP IMPORT POTENTIALIndia+ $17.7M

Non-Retail Pure Cotton Yarn’s highest export potential is Bangladesh. With an export gap of $37.4M.   Non-Retail Pure Cotton Yarn’s highest import potential is India with an import gap of $17.7M.

See methodology.

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