2022
Exports
$73.7MWorld Rnk 8 / 197
Flag Rnk 345 / 1176
2022
PRODUCT COMPLEXITY IN Party Decorations
-0.73Rnk 764 / 1025
2022
Imports
$64MWorld Rnk 25 / 221
Flag Rnk 502 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $73.7M in Party Decorations, making it the 8th largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 345th most exported product in Vietnam. The main destination of Party Decorations exports from Vietnam are: United States ($37.1M), Japan ($7.39M), Russia ($3.8M), Canada ($2.49M), and Mexico ($2.41M).

The fastest growing export markets for Party Decorations of Vietnam between 2021 and 2022 were United States ($11.2M), Japan ($5.68M), and Greece ($1.4M).

Imports In 2022, Vietnam imported $64M in Party Decorations, becoming the 25th largest importer of Party Decorations in the world. At the same year, Party Decorations was the 502nd most imported product in Vietnam. Vietnam imports Party Decorations primarily from: China ($61.4M), Austria ($2.16M), Thailand ($107k), Japan ($62.8k), and South Korea ($57.4k).

The fastest growing import markets in Party Decorations for Vietnam between 2021 and 2022 were China ($27.5M), Austria ($1.95M), and Thailand ($56.3k).

COMPANIES In 2023, leading companies such as Samsung (8), Conair (8), and At Home Procurement (4) were at the forefront of shipping Party Decorations from Vietnam to the United States.

Latest Trends

Oct 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 Party Decorations. 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)$73.7M
IMPORTS (2022)$64M
NET TRADE (2022)$9.72M

In 2022, Vietnam exported $73.7M in Party Decorations. The main destinations of Vietnam exports on Party Decorations were United States ($37.1M), Japan ($7.39M), Russia ($3.8M), Canada ($2.49M), and Mexico ($2.41M).

In 2022, Vietnam imported $64M in Party Decorations, mainly from China ($61.4M), Austria ($2.16M), Thailand ($107k), Japan ($62.8k), and South Korea ($57.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$11.2M (43.1%)
Japan$5.68M (331%)
Greece$1.4M (854%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY Vietnam WERE (2021 - 2022):
Russia-$1.03M (-21.3%)
Qatar-$752k (-100%)
Germany-$570k (-32.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Party Decorations were:
In 2022, Vietnam's main importing competitors in Party Decorations were:

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Trade Value of Party Decorations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.8M
TOP IMPORT POTENTIALChina+ $29.2M

Party Decorations’s highest export potential is United States. With an export gap of $12.8M.   Party Decorations’s highest import potential is China with an import gap of $29.2M.

See methodology.

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