2022
Exports
$90.7MWorld Rnk 18 / 102
Flag Rnk 317 / 1176
2022
PRODUCT COMPLEXITY IN Other Sea Vessels
-0.29Rnk 646 / 1025
2022
Imports
$15.6MWorld Rnk 40 / 178
Flag Rnk 779 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $90.7M in Other Sea Vessels, making it the 18th largest exporter of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 317th most exported product in Vietnam. The main destination of Other Sea Vessels exports from Vietnam are: Denmark ($26.4M), Chinese Taipei ($25.9M), Norway ($18M), Netherlands ($9.08M), and Singapore ($3.77M).

The fastest growing export markets for Other Sea Vessels of Vietnam between 2021 and 2022 were Denmark ($26.4M), Chinese Taipei ($24.6M), and Norway ($17.9M).

Imports In 2022, Vietnam imported $15.6M in Other Sea Vessels, becoming the 40th largest importer of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 779th most imported product in Vietnam. Vietnam imports Other Sea Vessels primarily from: China ($6.62M), Denmark ($4.08M), India ($2.5M), Norway ($1.62M), and South Korea ($291k).

The fastest growing import markets in Other Sea Vessels for Vietnam between 2021 and 2022 were Denmark ($4.08M), South Korea ($125k), and France ($80k).

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 Sea Vessels. 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)$90.7M
IMPORTS (2022)$15.6M
NET TRADE (2022)$75.1M

In 2022, Vietnam exported $90.7M in Other Sea Vessels. The main destinations of Vietnam exports on Other Sea Vessels were Denmark ($26.4M), Chinese Taipei ($25.9M), Norway ($18M), Netherlands ($9.08M), and Singapore ($3.77M).

In 2022, Vietnam imported $15.6M in Other Sea Vessels, mainly from China ($6.62M), Denmark ($4.08M), India ($2.5M), Norway ($1.62M), and South Korea ($291k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Sea Vessels EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Denmark$26.4M (1%)
Chinese Taipei$24.6M (1.79k%)
Norway$17.9M (13.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sea Vessels BY Vietnam WERE (2021 - 2022):
China-$10.1M (-99.1%)
Portugal-$5.58M (-100%)
Malaysia-$952k (-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 Sea Vessels were:
In 2022, Vietnam's main importing competitors in Other Sea Vessels were:

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Trade Value of Other Sea Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.15M
TOP IMPORT POTENTIALIndia+ $865k

Other Sea Vessels’s highest export potential is United States. With an export gap of $1.15M.   Other Sea Vessels’s highest import potential is India with an import gap of $865k.

See methodology.

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