2022
Exports
$25.1MWorld Rnk 22 / 170
Flag Rnk 517 / 1176
2022
PRODUCT COMPLEXITY IN Organic Composite Solvents
-0.03Rnk 556 / 1025
2022
Imports
$89.2MWorld Rnk 3 / 220
Flag Rnk 441 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $25.1M in Organic Composite Solvents, making it the 22nd largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 517th most exported product in Vietnam. The main destination of Organic Composite Solvents exports from Vietnam are: Cambodia ($11.9M), Bangladesh ($5.28M), Indonesia ($2.78M), India ($2.31M), and Burma ($817k).

The fastest growing export markets for Organic Composite Solvents of Vietnam between 2021 and 2022 were Cambodia ($2.22M), Bangladesh ($2.04M), and Indonesia ($813k).

Imports In 2022, Vietnam imported $89.2M in Organic Composite Solvents, becoming the 3rd largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 441st most imported product in Vietnam. Vietnam imports Organic Composite Solvents primarily from: South Korea ($34.7M), Chinese Taipei ($28.3M), China ($6.29M), Japan ($4.28M), and United States ($3.52M).

The fastest growing import markets in Organic Composite Solvents for Vietnam between 2021 and 2022 were South Korea ($8.39M), Chinese Taipei ($4.43M), and United Kingdom ($719k).

COMPANIES In 2023, leading companies such as Steve Silver (2) were at the forefront of shipping Organic Composite Solvents from Vietnam to the United States.

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 Organic Composite Solvents. 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)$25.1M
IMPORTS (2022)$89.2M
NET TRADE (2022)-$64.1M

In 2022, Vietnam exported $25.1M in Organic Composite Solvents. The main destinations of Vietnam exports on Organic Composite Solvents were Cambodia ($11.9M), Bangladesh ($5.28M), Indonesia ($2.78M), India ($2.31M), and Burma ($817k).

In 2022, Vietnam imported $89.2M in Organic Composite Solvents, mainly from South Korea ($34.7M), Chinese Taipei ($28.3M), China ($6.29M), Japan ($4.28M), and United States ($3.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Cambodia$2.22M (22.9%)
Bangladesh$2.04M (62.9%)
Indonesia$813k (41.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY Vietnam WERE (2021 - 2022):
Philippines-$337k (-51.4%)
China-$192k (-97%)
Papua New Guinea-$53.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Organic Composite Solvents were:
In 2022, Vietnam's main importing competitors in Organic Composite Solvents were:

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $819k
TOP IMPORT POTENTIALChina+ $2.19M

Organic Composite Solvents’s highest export potential is India. With an export gap of $819k.   Organic Composite Solvents’s highest import potential is China with an import gap of $2.19M.

See methodology.

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