2022
Exports
$8.92MWorld Rnk 23 / 153
Flag Rnk 665 / 1176
2022
PRODUCT COMPLEXITY IN Pharmaceutical Rubber Products
0.19Rnk 491 / 1025
2022
Imports
$30.6MWorld Rnk 11 / 215
Flag Rnk 656 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $8.92M in Pharmaceutical Rubber Products, making it the 23rd largest exporter of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 665th most exported product in Vietnam. The main destination of Pharmaceutical Rubber Products exports from Vietnam are: Bangladesh ($2.37M), South Korea ($1.65M), United States ($1.37M), Switzerland ($927k), and Turkey ($500k).

The fastest growing export markets for Pharmaceutical Rubber Products of Vietnam between 2021 and 2022 were United States ($1.13M), Bangladesh ($732k), and South Korea ($536k).

Imports In 2022, Vietnam imported $30.6M in Pharmaceutical Rubber Products, becoming the 11th largest importer of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 656th most imported product in Vietnam. Vietnam imports Pharmaceutical Rubber Products primarily from: Thailand ($17.6M), China ($5.71M), Malaysia ($2.73M), South Korea ($1.06M), and Singapore ($616k).

The fastest growing import markets in Pharmaceutical Rubber Products for Vietnam between 2021 and 2022 were Thailand ($5.44M), Malaysia ($898k), and China ($553k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Pharmaceutical Rubber Products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$8.92M
IMPORTS (2022)$30.6M
NET TRADE (2022)-$21.7M

In 2022, Vietnam exported $8.92M in Pharmaceutical Rubber Products. The main destinations of Vietnam exports on Pharmaceutical Rubber Products were Bangladesh ($2.37M), South Korea ($1.65M), United States ($1.37M), Switzerland ($927k), and Turkey ($500k).

In 2022, Vietnam imported $30.6M in Pharmaceutical Rubber Products, mainly from Thailand ($17.6M), China ($5.71M), Malaysia ($2.73M), South Korea ($1.06M), and Singapore ($616k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Rubber Products EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$1.13M (489%)
Bangladesh$732k (44.8%)
South Korea$536k (48.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Rubber Products BY Vietnam WERE (2021 - 2022):
Russia-$255k (-80.6%)
Japan-$239k (-100%)
Cyprus-$118k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Vietnam's main exporting competitors in Pharmaceutical Rubber Products were:
In 2022, Vietnam's main importing competitors in Pharmaceutical Rubber Products were:

Explore Visualizations

Trade Value of Pharmaceutical Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $521k
TOP IMPORT POTENTIALChina+ $3.35M

Pharmaceutical Rubber Products’s highest export potential is United States. With an export gap of $521k.   Pharmaceutical Rubber Products’s highest import potential is China with an import gap of $3.35M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with