2023
Exports
$40.9MWorld Rnk 12 / 193
Flag Rnk 401 / 1173
2023
PRODUCT COMPLEXITY IN Other Knit Clothing Accessories
-1.27Rnk 894 / 1025
2023
Imports
$91.9MWorld Rnk 6 / 218
Flag Rnk 397 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $40.9M in Other Knit Clothing Accessories, making it the 12th largest exporter of Other Knit Clothing Accessories in the world. At the same year, Other Knit Clothing Accessories was the 401st most exported product in Vietnam. The main destination of Other Knit Clothing Accessories exports from Vietnam are: United States ($11.9M), Japan ($6.47M), Germany ($2.62M), Sri Lanka ($2.2M), and China ($2M).

The fastest growing export markets for Other Knit Clothing Accessories of Vietnam between 2022 and 2023 were Sri Lanka ($1.95M), Germany ($776k), and Netherlands ($670k).

Imports In 2023, Vietnam imported $91.9M in Other Knit Clothing Accessories, becoming the 6th largest importer of Other Knit Clothing Accessories in the world. At the same year, Other Knit Clothing Accessories was the 397th most imported product in Vietnam. Vietnam imports Other Knit Clothing Accessories primarily from: China ($62.4M), Chinese Taipei ($14.4M), Hong Kong ($4.45M), Thailand ($4.33M), and Japan ($2M).

The fastest growing import markets in Other Knit Clothing Accessories for Vietnam between 2022 and 2023 were Hong Kong ($3.3M), Malaysia ($983k), and Chinese Taipei ($840k).

COMPANIES In 2024, leading companies such as Conair (3) were at the forefront of shipping Other Knit Clothing Accessories 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 Knit Clothing Accessories. 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)$40.9M
IMPORTS (2023)$91.9M
NET TRADE (2023)-$51.1M

In 2023, Vietnam exported $40.9M in Other Knit Clothing Accessories. The main destinations of Vietnam exports on Other Knit Clothing Accessories were United States ($11.9M), Japan ($6.47M), Germany ($2.62M), Sri Lanka ($2.2M), and China ($2M).

In 2023, Vietnam imported $91.9M in Other Knit Clothing Accessories, mainly from China ($62.4M), Chinese Taipei ($14.4M), Hong Kong ($4.45M), Thailand ($4.33M), and Japan ($2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Knit Clothing Accessories EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Sri Lanka$1.95M (771%)
Germany$776k (42%)
Netherlands$670k (95.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Knit Clothing Accessories BY Vietnam WERE (2022 - 2023):
Cambodia-$3.69M (-82.1%)
United States-$1.95M (-14.1%)
Guatemala-$1.85M (-98%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Other Knit Clothing Accessories were:
China $1.76B
Italy $207M
Germany $86.6M
In 2023, Vietnam's main importing competitors in Other Knit Clothing Accessories were:

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Trade Value of Other Knit Clothing Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.24M
TOP IMPORT POTENTIALChina+ $14.5M

Other Knit Clothing Accessories’s highest export potential is China. With an export gap of $2.24M.   Other Knit Clothing Accessories’s highest import potential is China with an import gap of $14.5M.

See methodology.

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