2022
Exports
$71.3MWorld Rnk 20 / 169
Flag Rnk 351 / 1176
2022
PRODUCT COMPLEXITY IN Other Cast Iron Products
0.34Rnk 425 / 1025
2022
Imports
$47.7MWorld Rnk 34 / 217
Flag Rnk 561 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $71.3M in Other Cast Iron Products, making it the 20th largest exporter of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 351st most exported product in Vietnam. The main destination of Other Cast Iron Products exports from Vietnam are: Japan ($29.5M), South Korea ($10.3M), Thailand ($6.36M), United States ($4.19M), and Germany ($3.8M).

The fastest growing export markets for Other Cast Iron Products of Vietnam between 2021 and 2022 were Japan ($3.79M), United States ($1.74M), and South Korea ($1.32M).

Imports In 2022, Vietnam imported $47.7M in Other Cast Iron Products, becoming the 34th largest importer of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 561st most imported product in Vietnam. Vietnam imports Other Cast Iron Products primarily from: South Korea ($19.7M), China ($17.3M), Thailand ($3.81M), Chinese Taipei ($2.82M), and Japan ($1.83M).

The fastest growing import markets in Other Cast Iron Products for Vietnam between 2021 and 2022 were China ($2.02M), South Korea ($1.27M), and Singapore ($81.1k).

COMPANIES In 2023, leading companies such as SIGMA Corp (3) and Woodstream (1) were at the forefront of shipping Other Cast Iron Products 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 Other Cast Iron Products. 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)$71.3M
IMPORTS (2022)$47.7M
NET TRADE (2022)$23.6M

In 2022, Vietnam exported $71.3M in Other Cast Iron Products. The main destinations of Vietnam exports on Other Cast Iron Products were Japan ($29.5M), South Korea ($10.3M), Thailand ($6.36M), United States ($4.19M), and Germany ($3.8M).

In 2022, Vietnam imported $47.7M in Other Cast Iron Products, mainly from South Korea ($19.7M), China ($17.3M), Thailand ($3.81M), Chinese Taipei ($2.82M), and Japan ($1.83M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cast Iron Products EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Japan$3.79M (14.7%)
United States$1.74M (70.8%)
South Korea$1.32M (14.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cast Iron Products BY Vietnam WERE (2021 - 2022):
Thailand-$1.25M (-16.4%)
Italy-$671k (-22.8%)
Mexico-$632k (-64.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Other Cast Iron Products were:
China $1.55B
India $1.22B
In 2022, Vietnam's main importing competitors in Other Cast Iron Products were:

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Trade Value of Other Cast Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.76M
TOP IMPORT POTENTIALChina+ $12M

Other Cast Iron Products’s highest export potential is United States. With an export gap of $3.76M.   Other Cast Iron Products’s highest import potential is China with an import gap of $12M.

See methodology.

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