2022
Exports
$1.33BWorld Rnk 7 / 198
Flag Rnk 34 / 96
2022
PRODUCT COMPLEXITY IN Products of the milling industry
0.65Rnk 295 / 1025
2022
Imports
$373MWorld Rnk 19 / 223
Flag Rnk 69 / 96
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $1.33B in Products of the milling industry, making it the 7th largest exporter of Products of the milling industry in the world. At the same year, Products of the milling industry was the 34th most exported product in Vietnam. The main destination of Products of the milling industry exports from Vietnam are: China ($1.09B), Thailand ($46M), Cambodia ($41.8M), Philippines ($37M), and Chinese Taipei ($21.3M).

The fastest growing export markets for Products of the milling industry of Vietnam between 2021 and 2022 were China ($178M), Philippines ($23.3M), and Thailand ($15.2M).

Imports In 2022, Vietnam imported $373M in Products of the milling industry, becoming the 19th largest importer of Products of the milling industry in the world. At the same year, Products of the milling industry was the 69th most imported product in Vietnam. Vietnam imports Products of the milling industry primarily from: Australia ($146M), China ($66.6M), Germany ($28.6M), Laos ($23.9M), and Belgium ($23.2M).

The fastest growing import markets in Products of the milling industry for Vietnam between 2021 and 2022 were Australia ($55.9M), China ($33.4M), and Germany ($12.3M).

COMPANIES In 2023, leading companies such as Walgreens (2), Walmart (2), and Walong Marketing (1) were at the forefront of shipping Products of the milling industry from Vietnam to the United States.

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 Products of the milling industry. 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)$1.33B
IMPORTS (2022)$373M
NET TRADE (2022)$959M

In 2022, Vietnam exported $1.33B in Products of the milling industry. The main destinations of Vietnam exports on Products of the milling industry were China ($1.09B), Thailand ($46M), Cambodia ($41.8M), Philippines ($37M), and Chinese Taipei ($21.3M).

In 2022, Vietnam imported $373M in Products of the milling industry, mainly from Australia ($146M), China ($66.6M), Germany ($28.6M), Laos ($23.9M), and Belgium ($23.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Products of the milling industry EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$178M (19.4%)
Philippines$23.3M (170%)
Thailand$15.2M (49.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Products of the milling industry BY Vietnam WERE (2021 - 2022):
United States-$3.56M (-18.8%)
Poland-$2.24M (-55.8%)
Pakistan-$1.82M (-67.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Products of the milling industry were:
In 2022, Vietnam's main importing competitors in Products of the milling industry were:

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Trade Value of Products of the milling industry by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.3M
TOP IMPORT POTENTIALChina+ $15.2M

Products of the milling industry’s highest export potential is United States. With an export gap of $10.3M.   Products of the milling industry’s highest import potential is China with an import gap of $15.2M.

See methodology.

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