2022
Exports
$67.7MWorld Rnk 34 / 192
Flag Rnk 363 / 1176
2022
PRODUCT COMPLEXITY IN Nonaqueous Paints
0.35Rnk 423 / 1025
2022
Imports
$280MWorld Rnk 17 / 225
Flag Rnk 220 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $67.7M in Nonaqueous Paints, making it the 34th largest exporter of Nonaqueous Paints in the world. At the same year, Nonaqueous Paints was the 363rd most exported product in Vietnam. The main destination of Nonaqueous Paints exports from Vietnam are: Indonesia ($15.3M), China ($9.34M), Singapore ($8.65M), Cambodia ($7.92M), and Japan ($5.33M).

The fastest growing export markets for Nonaqueous Paints of Vietnam between 2021 and 2022 were Turkey ($1.56M), Japan ($1.53M), and United Arab Emirates ($1.28M).

Imports In 2022, Vietnam imported $280M in Nonaqueous Paints, becoming the 17th largest importer of Nonaqueous Paints in the world. At the same year, Nonaqueous Paints was the 220th most imported product in Vietnam. Vietnam imports Nonaqueous Paints primarily from: China ($77.1M), South Korea ($63.5M), Japan ($30.7M), Malaysia ($29.2M), and Thailand ($18M).

The fastest growing import markets in Nonaqueous Paints for Vietnam between 2021 and 2022 were China ($9.04M), Malaysia ($5.8M), and Thailand ($2.63M).

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 Nonaqueous Paints. 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)$67.7M
IMPORTS (2022)$280M
NET TRADE (2022)-$212M

In 2022, Vietnam exported $67.7M in Nonaqueous Paints. The main destinations of Vietnam exports on Nonaqueous Paints were Indonesia ($15.3M), China ($9.34M), Singapore ($8.65M), Cambodia ($7.92M), and Japan ($5.33M).

In 2022, Vietnam imported $280M in Nonaqueous Paints, mainly from China ($77.1M), South Korea ($63.5M), Japan ($30.7M), Malaysia ($29.2M), and Thailand ($18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nonaqueous Paints EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Turkey$1.56M (21.6k%)
Japan$1.53M (40.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nonaqueous Paints BY Vietnam WERE (2021 - 2022):
China-$4.07M (-30.4%)
Hong Kong-$3.33M (-91.5%)
Philippines-$2.89M (-43.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Nonaqueous Paints were:
In 2022, Vietnam's main importing competitors in Nonaqueous Paints were:

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Trade Value of Nonaqueous Paints by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $12M
TOP IMPORT POTENTIALChina+ $11.4M

Nonaqueous Paints’s highest export potential is China. With an export gap of $12M.   Nonaqueous Paints’s highest import potential is China with an import gap of $11.4M.

See methodology.

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