2022
Exports
$13.9MWorld Rnk 51 / 173
Flag Rnk 609 / 1176
2022
PRODUCT COMPLEXITY IN Other Oily Seeds
-2.33Rnk 1015 / 1025
2022
Imports
$144MWorld Rnk 9 / 217
Flag Rnk 337 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $13.9M in Other Oily Seeds, making it the 51st largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 609th most exported product in Vietnam. The main destination of Other Oily Seeds exports from Vietnam are: China ($7.07M), South Korea ($1.82M), Malaysia ($906k), Senegal ($881k), and United States ($834k).

The fastest growing export markets for Other Oily Seeds of Vietnam between 2021 and 2022 were South Korea ($1.27M), Senegal ($668k), and United States ($486k).

Imports In 2022, Vietnam imported $144M in Other Oily Seeds, becoming the 9th largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 337th most imported product in Vietnam. Vietnam imports Other Oily Seeds primarily from: Nigeria ($44M), China ($36.7M), Ethiopia ($21.4M), India ($17.3M), and Cambodia ($6.07M).

The fastest growing import markets in Other Oily Seeds for Vietnam between 2021 and 2022 were Nigeria ($21.8M), China ($15.5M), and Brazil ($2.75M).

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 Oily Seeds. 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)$13.9M
IMPORTS (2022)$144M
NET TRADE (2022)-$131M

In 2022, Vietnam exported $13.9M in Other Oily Seeds. The main destinations of Vietnam exports on Other Oily Seeds were China ($7.07M), South Korea ($1.82M), Malaysia ($906k), Senegal ($881k), and United States ($834k).

In 2022, Vietnam imported $144M in Other Oily Seeds, mainly from Nigeria ($44M), China ($36.7M), Ethiopia ($21.4M), India ($17.3M), and Cambodia ($6.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
South Korea$1.27M (233%)
Senegal$668k (315%)
United States$486k (140%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Vietnam WERE (2021 - 2022):
China-$32.5M (-82.1%)
Chinese Taipei-$565k (-51.4%)
Pakistan-$340k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Other Oily Seeds were:
Sudan $654M
India $535M
China $378M
In 2022, Vietnam's main importing competitors in Other Oily Seeds were:

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.39M
TOP IMPORT POTENTIALChina+ $6.44M

Other Oily Seeds’s highest export potential is China. With an export gap of $6.39M.   Other Oily Seeds’s highest import potential is China with an import gap of $6.44M.

See methodology.

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