2022
Exports
$238kWorld Rnk 41 / 82
Flag Rnk 1021 / 1176
2022
PRODUCT COMPLEXITY IN Other Animal Fats
0.58Rnk 329 / 1025
2022
Imports
$9.51MWorld Rnk 13 / 154
Flag Rnk 855 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $238k in Other Animal Fats, making it the 41st largest exporter of Other Animal Fats in the world. At the same year, Other Animal Fats was the 1021st most exported product in Vietnam. The main destination of Other Animal Fats exports from Vietnam are: South Korea ($151k), China ($49.7k), and Laos ($37.6k).

The fastest growing export markets for Other Animal Fats of Vietnam between 2021 and 2022 were China ($36.3k).

Imports In 2022, Vietnam imported $9.51M in Other Animal Fats, becoming the 13th largest importer of Other Animal Fats in the world. At the same year, Other Animal Fats was the 855th most imported product in Vietnam. Vietnam imports Other Animal Fats primarily from: South Korea ($8.32M), New Zealand ($840k), Brazil ($194k), China ($65.8k), and Norway ($56.1k).

The fastest growing import markets in Other Animal Fats for Vietnam between 2021 and 2022 were South Korea ($1.85M), New Zealand ($134k), and Brazil ($122k).

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 Other Animal Fats. 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)$238k
IMPORTS (2022)$9.51M
NET TRADE (2022)-$9.28M

In 2022, Vietnam exported $238k in Other Animal Fats. The main destinations of Vietnam exports on Other Animal Fats were South Korea ($151k), China ($49.7k), and Laos ($37.6k).

In 2022, Vietnam imported $9.51M in Other Animal Fats, mainly from South Korea ($8.32M), New Zealand ($840k), Brazil ($194k), China ($65.8k), and Norway ($56.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Animal Fats EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):China$36.3k (270%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Animal Fats BY Vietnam WERE (2021 - 2022):
South Korea-$7.62k (-4.81%)
Laos-$7.29k (-16.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Other Animal Fats were:
In 2022, Vietnam's main importing competitors in Other Animal Fats were:

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Trade Value of Other Animal Fats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $39.8k
TOP IMPORT POTENTIALBrazil+ $103k

Other Animal Fats’s highest export potential is China. With an export gap of $39.8k.   Other Animal Fats’s highest import potential is Brazil with an import gap of $103k.

See methodology.

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