2023
Exports
$3.15MWorld Rnk 74 / 196
Flag Rnk 754 / 1173
2023
PRODUCT COMPLEXITY IN Perfumes
-0.011Rnk 562 / 1025
2023
Imports
$88.4MWorld Rnk 49 / 222
Flag Rnk 401 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $3.15M in Perfumes, making it the 74th largest exporter of Perfumes in the world. At the same year, Perfumes was the 754th most exported product in Vietnam. The main destination of Perfumes exports from Vietnam are: Hong Kong ($835k), Singapore ($716k), Sri Lanka ($686k), Japan ($434k), and Malaysia ($90.9k).

The fastest growing export markets for Perfumes of Vietnam between 2022 and 2023 were Hong Kong ($692k), Sri Lanka ($435k), and Singapore ($199k).

Imports In 2023, Vietnam imported $88.4M in Perfumes, becoming the 49th largest importer of Perfumes in the world. At the same year, Perfumes was the 401st most imported product in Vietnam. Vietnam imports Perfumes primarily from: Singapore ($32.1M), United Arab Emirates ($17.4M), Hong Kong ($13M), France ($8.22M), and Thailand ($3.01M).

The fastest growing import markets in Perfumes for Vietnam between 2022 and 2023 were Singapore ($29.7M), United Arab Emirates ($16.8M), and Hong Kong ($12M).

Latest Trends

Jan 2025

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 Perfumes. 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)$3.15M
IMPORTS (2023)$88.4M
NET TRADE (2023)-$85.2M

In 2023, Vietnam exported $3.15M in Perfumes. The main destinations of Vietnam exports on Perfumes were Hong Kong ($835k), Singapore ($716k), Sri Lanka ($686k), Japan ($434k), and Malaysia ($90.9k).

In 2023, Vietnam imported $88.4M in Perfumes, mainly from Singapore ($32.1M), United Arab Emirates ($17.4M), Hong Kong ($13M), France ($8.22M), and Thailand ($3.01M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfumes EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Hong Kong$692k (481%)
Sri Lanka$435k (174%)
Singapore$199k (38.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumes BY Vietnam WERE (2022 - 2023):
Cambodia-$2.08M (-100%)
Malaysia-$260k (-74.1%)
Netherlands-$143k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Perfumes were:
France $10.4B
Spain $3.67B
Italy $2.38B
In 2023, Vietnam's main importing competitors in Perfumes were:

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Trade Value of Perfumes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $376k
TOP IMPORT POTENTIALFrance+ $2.89M

Perfumes’s highest export potential is Singapore. With an export gap of $376k.   Perfumes’s highest import potential is France with an import gap of $2.89M.

See methodology.

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