2022
Exports
$6.58MWorld Rnk 38 / 162
Flag Rnk 711 / 1176
2022
PRODUCT COMPLEXITY IN Precious Stones
-1.14Rnk 866 / 1025
2022
Imports
$5.01MWorld Rnk 40 / 185
Flag Rnk 948 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $6.58M in Precious Stones, making it the 38th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 711th most exported product in Vietnam. The main destination of Precious Stones exports from Vietnam are: United States ($2.42M), Italy ($1.29M), Japan ($1.25M), France ($523k), and Singapore ($292k).

The fastest growing export markets for Precious Stones of Vietnam between 2021 and 2022 were United States ($1.3M), Italy ($862k), and France ($348k).

Imports In 2022, Vietnam imported $5.01M in Precious Stones, becoming the 40th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 948th most imported product in Vietnam. Vietnam imports Precious Stones primarily from: Thailand ($2.33M), Japan ($593k), Brazil ($509k), China ($458k), and India ($270k).

The fastest growing import markets in Precious Stones for Vietnam between 2021 and 2022 were Thailand ($627k), Brazil ($369k), and Japan ($355k).

Latest Trends

Nov 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 Precious Stones. 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)$6.58M
IMPORTS (2022)$5.01M
NET TRADE (2022)$1.56M

In 2022, Vietnam exported $6.58M in Precious Stones. The main destinations of Vietnam exports on Precious Stones were United States ($2.42M), Italy ($1.29M), Japan ($1.25M), France ($523k), and Singapore ($292k).

In 2022, Vietnam imported $5.01M in Precious Stones, mainly from Thailand ($2.33M), Japan ($593k), Brazil ($509k), China ($458k), and India ($270k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$1.3M (117%)
Italy$862k (203%)
France$348k (198%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Vietnam WERE (2021 - 2022):
Japan-$431k (-25.6%)
China-$24.2k (-12%)
Hong Kong-$23.2k (-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 Precious Stones were:
In 2022, Vietnam's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.79M
TOP IMPORT POTENTIALThailand+ $1.09M

Precious Stones’s highest export potential is United States. With an export gap of $1.79M.   Precious Stones’s highest import potential is Thailand with an import gap of $1.09M.

See methodology.

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