2022
Exports
$16.7BWorld Rnk 5 / 226
Flag Rnk 4 / 1176
2022
PRODUCT COMPLEXITY IN Office Machine Parts
1.32Rnk 90 / 1025
2022
Imports
$2.75BWorld Rnk 21 / 224
Flag Rnk 21 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $16.7B in Office Machine Parts, making it the 5th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 4th most exported product in Vietnam. The main destination of Office Machine Parts exports from Vietnam are: United States ($5.55B), Hong Kong ($2.66B), China ($2.13B), Netherlands ($1.15B), and South Korea ($623M).

The fastest growing export markets for Office Machine Parts of Vietnam between 2021 and 2022 were United States ($1.66B), Hong Kong ($1.01B), and China ($602M).

Imports In 2022, Vietnam imported $2.75B in Office Machine Parts, becoming the 21st largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 21st most imported product in Vietnam. Vietnam imports Office Machine Parts primarily from: China ($1.54B), Singapore ($419M), Hong Kong ($137M), Thailand ($133M), and Chinese Taipei ($98M).

The fastest growing import markets in Office Machine Parts for Vietnam between 2021 and 2022 were Singapore ($231M), Hong Kong ($49.4M), and Thailand ($41.3M).

COMPANIES In 2023, leading companies such as Hyosung (7) and Asus Computer (2) were at the forefront of shipping Office Machine Parts from Vietnam to the United States.

Latest Trends

Aug 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 Office Machine Parts. 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)$16.7B
IMPORTS (2022)$2.75B
NET TRADE (2022)$14B

In 2022, Vietnam exported $16.7B in Office Machine Parts. The main destinations of Vietnam exports on Office Machine Parts were United States ($5.55B), Hong Kong ($2.66B), China ($2.13B), Netherlands ($1.15B), and South Korea ($623M).

In 2022, Vietnam imported $2.75B in Office Machine Parts, mainly from China ($1.54B), Singapore ($419M), Hong Kong ($137M), Thailand ($133M), and Chinese Taipei ($98M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$1.66B (42.6%)
Hong Kong$1.01B (61.2%)
China$602M (39.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Vietnam WERE (2021 - 2022):
Russia-$78.4M (-81.2%)
South Korea-$25.8M (-3.97%)
Australia-$8.33M (-8.38%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Office Machine Parts were:
In 2022, Vietnam's main importing competitors in Office Machine Parts were:

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.14B
TOP IMPORT POTENTIALChina+ $374M

Office Machine Parts’s highest export potential is China. With an export gap of $1.14B.   Office Machine Parts’s highest import potential is China with an import gap of $374M.

See methodology.

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