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Exports In 2022, Vietnam exported $54.2k in Olive oil, virgin, making it the 80th largest exporter of Olive oil, virgin in the world. At the same year, Olive oil, virgin was the 3612th most exported product in Vietnam. The main destination of Olive oil, virgin exports from Vietnam are: Cambodia ($33.6k), Hong Kong ($8.83k), Germany ($7.52k), Norway ($2.56k), and Singapore ($1.04k).

The fastest growing export markets for Olive oil, virgin of Vietnam between 2021 and 2022 were Hong Kong ($8.83k), Germany ($7.52k), and Norway ($2.43k).

Imports In 2022, Vietnam imported $4.71M in Olive oil, virgin, becoming the 68th largest importer of Olive oil, virgin in the world. At the same year, Olive oil, virgin was the 2681st most imported product in Vietnam. Vietnam imports Olive oil, virgin primarily from: Spain ($2.81M), Italy ($1.14M), Greece ($203k), Japan ($161k), and Turkey ($138k).

The fastest growing import markets in Olive oil, virgin for Vietnam between 2021 and 2022 were Spain ($590k), Australia ($88.2k), and Singapore ($52.7k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Olive oil, virgin. 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)$54.2k
IMPORTS (2022)$4.71M
NET TRADE (2022)-$4.65M

In 2022, Vietnam exported $54.2k in Olive oil, virgin. The main destinations of Vietnam exports on Olive oil, virgin were Cambodia ($33.6k), Hong Kong ($8.83k), Germany ($7.52k), Norway ($2.56k), and Singapore ($1.04k).

In 2022, Vietnam imported $4.71M in Olive oil, virgin, mainly from Spain ($2.81M), Italy ($1.14M), Greece ($203k), Japan ($161k), and Turkey ($138k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive oil, virgin EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Hong Kong$8.83k (1%)
Germany$7.52k (1%)
Norway$2.43k (1.76k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive oil, virgin BY Vietnam WERE (2021 - 2022):
Cambodia-$13.8k (-29.1%)
Laos-$990 (-100%)
Gabon-$983 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Vietnam's main exporting competitors in Olive oil, virgin were:
Spain $3.32B
Italy $1.6B
In 2022, Vietnam's main importing competitors in Olive oil, virgin were:

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Trade Value of Olive oil, virgin by Exporters

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