2023
Exports
$523kWorld Rnk 44 / 103
Flag Rnk 912 / 1173
2023
PRODUCT COMPLEXITY IN Other Inorganic Acids Salts
1.33Rnk 74 / 1025
2023
Imports
$65.1MWorld Rnk 10 / 179
Flag Rnk 469 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $523k in Other Inorganic Acids Salts, making it the 44th largest exporter of Other Inorganic Acids Salts in the world. At the same year, Other Inorganic Acids Salts was the 912th most exported product in Vietnam. The main destination of Other Inorganic Acids Salts exports from Vietnam are: Japan ($280k), China ($149k), Malaysia ($80.6k), India ($6.11k), and Singapore ($5.46k).

The fastest growing export markets for Other Inorganic Acids Salts of Vietnam between 2022 and 2023 were Malaysia ($9.77k) and Singapore ($5.12k).

Imports In 2023, Vietnam imported $65.1M in Other Inorganic Acids Salts, becoming the 10th largest importer of Other Inorganic Acids Salts in the world. At the same year, Other Inorganic Acids Salts was the 469th most imported product in Vietnam. Vietnam imports Other Inorganic Acids Salts primarily from: China ($32.5M), Hong Kong ($27.8M), Japan ($1.71M), Germany ($1.62M), and India ($734k).

The fastest growing import markets in Other Inorganic Acids Salts for Vietnam between 2022 and 2023 were Hong Kong ($24.9M), Canada ($129k), and Philippines ($44.7k).

COMPANIES In 2024, leading companies such as Euromarket Designs (6) and Samsung (2) were at the forefront of shipping Other Inorganic Acids Salts from Vietnam to the United States.

Latest Trends

Dec 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 Inorganic Acids Salts. 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 (2023)$523k
IMPORTS (2023)$65.1M
NET TRADE (2023)-$64.6M

In 2023, Vietnam exported $523k in Other Inorganic Acids Salts. The main destinations of Vietnam exports on Other Inorganic Acids Salts were Japan ($280k), China ($149k), Malaysia ($80.6k), India ($6.11k), and Singapore ($5.46k).

In 2023, Vietnam imported $65.1M in Other Inorganic Acids Salts, mainly from China ($32.5M), Hong Kong ($27.8M), Japan ($1.71M), Germany ($1.62M), and India ($734k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Inorganic Acids Salts EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Malaysia$9.77k (13.8%)
Singapore$5.12k (1.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Inorganic Acids Salts BY Vietnam WERE (2022 - 2023):
Canada-$1.57M (-100%)
China-$406k (-73.1%)
Cambodia-$283k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Other Inorganic Acids Salts were:
In 2023, Vietnam's main importing competitors in Other Inorganic Acids Salts were:

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Trade Value of Other Inorganic Acids Salts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $849k
TOP IMPORT POTENTIALChina+ $2.74M

Other Inorganic Acids Salts’s highest export potential is China. With an export gap of $849k.   Other Inorganic Acids Salts’s highest import potential is China with an import gap of $2.74M.

See methodology.

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