2022
Exports
$38.7MWorld Rnk 12 / 134
Flag Rnk 444 / 1176
2022
PRODUCT COMPLEXITY IN Photo Lab Equipment
2.12Rnk 3 / 1025
2022
Imports
$16.1MWorld Rnk 15 / 203
Flag Rnk 775 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $38.7M in Photo Lab Equipment, making it the 12th largest exporter of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 444th most exported product in Vietnam. The main destination of Photo Lab Equipment exports from Vietnam are: Philippines ($24.6M), United States ($8.88M), Chinese Taipei ($3.26M), South Korea ($1.3M), and Germany ($467k).

The fastest growing export markets for Photo Lab Equipment of Vietnam between 2021 and 2022 were Philippines ($5.96M), Chinese Taipei ($2.88M), and United States ($2.67M).

Imports In 2022, Vietnam imported $16.1M in Photo Lab Equipment, becoming the 15th largest importer of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 775th most imported product in Vietnam. Vietnam imports Photo Lab Equipment primarily from: South Korea ($5.39M), Japan ($4.97M), China ($3.43M), Chinese Taipei ($1.08M), and Israel ($486k).

The fastest growing import markets in Photo Lab Equipment for Vietnam between 2021 and 2022 were Poland ($74.2k), India ($36.9k), and Australia ($678).

COMPANIES In 2023, leading companies such as Home Depot (6), At Home Procurement (5), and Tmall (2) were at the forefront of shipping Photo Lab Equipment 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 Photo Lab Equipment. 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)$38.7M
IMPORTS (2022)$16.1M
NET TRADE (2022)$22.6M

In 2022, Vietnam exported $38.7M in Photo Lab Equipment. The main destinations of Vietnam exports on Photo Lab Equipment were Philippines ($24.6M), United States ($8.88M), Chinese Taipei ($3.26M), South Korea ($1.3M), and Germany ($467k).

In 2022, Vietnam imported $16.1M in Photo Lab Equipment, mainly from South Korea ($5.39M), Japan ($4.97M), China ($3.43M), Chinese Taipei ($1.08M), and Israel ($486k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Photo Lab Equipment EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Philippines$5.96M (32%)
Chinese Taipei$2.88M (769%)
United States$2.67M (43%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photo Lab Equipment BY Vietnam WERE (2021 - 2022):
Thailand-$65.1M (-100%)
Costa Rica-$3.7M (-100%)
Japan-$2.62M (-99.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Photo Lab Equipment were:
In 2022, Vietnam's main importing competitors in Photo Lab Equipment were:

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Trade Value of Photo Lab Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSouth Korea+ $397k
TOP IMPORT POTENTIALChina+ $1.88M

Photo Lab Equipment’s highest export potential is South Korea. With an export gap of $397k.   Photo Lab Equipment’s highest import potential is China with an import gap of $1.88M.

See methodology.

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