2023
Exports
$97.4kWorld Rnk 53 / 116
Flag Rnk 1038 / 1173
2023
PRODUCT COMPLEXITY IN Peat
0.017Rnk 552 / 1025
2023
Imports
$1.09MWorld Rnk 77 / 198
Flag Rnk 1053 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $97.4k in Peat, making it the 53rd largest exporter of Peat in the world. At the same year, Peat was the 1038th most exported product in Vietnam. The main destination of Peat exports from Vietnam are: Australia ($80.5k), Malaysia ($13.3k), Netherlands ($3.2k), Canada ($401), and Luxembourg ($16).

The fastest growing export markets for Peat of Vietnam between 2022 and 2023 were Malaysia ($13.3k), Netherlands ($3.2k), and Canada ($401).

Imports In 2023, Vietnam imported $1.09M in Peat, becoming the 77th largest importer of Peat in the world. At the same year, Peat was the 1053rd most imported product in Vietnam. Vietnam imports Peat primarily from: Lithuania ($427k), Netherlands ($256k), Latvia ($232k), Estonia ($142k), and Chinese Taipei ($24.7k).

The fastest growing import markets in Peat for Vietnam between 2022 and 2023 were Netherlands ($132k), Estonia ($124k), and Lithuania ($71.3k).

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 Peat. 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)$97.4k
IMPORTS (2023)$1.09M
NET TRADE (2023)-$994k

In 2023, Vietnam exported $97.4k in Peat. The main destinations of Vietnam exports on Peat were Australia ($80.5k), Malaysia ($13.3k), Netherlands ($3.2k), Canada ($401), and Luxembourg ($16).

In 2023, Vietnam imported $1.09M in Peat, mainly from Lithuania ($427k), Netherlands ($256k), Latvia ($232k), Estonia ($142k), and Chinese Taipei ($24.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Malaysia$13.3k (1%)
Netherlands$3.2k (1%)
Canada$401 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Vietnam WERE (2022 - 2023):
Australia-$116k (-59%)
Japan-$11k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Peat were:
In 2023, Vietnam's main importing competitors in Peat were:

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $14.3k
TOP IMPORT POTENTIALLatvia+ $61.1k

Peat’s highest export potential is Japan. With an export gap of $14.3k.   Peat’s highest import potential is Latvia with an import gap of $61.1k.

See methodology.

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