2022
Exports
$882MWorld Rnk 24 / 152
Flag Rnk 77 / 1176
2022
PRODUCT COMPLEXITY IN Raw Aluminium
-1.12Rnk 859 / 1025
2022
Imports
$1.48BWorld Rnk 16 / 187
Flag Rnk 37 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $882M in Raw Aluminium, making it the 24th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 77th most exported product in Vietnam. The main destination of Raw Aluminium exports from Vietnam are: China ($220M), Spain ($116M), Mexico ($100M), Turkey ($77.5M), and Thailand ($61.6M).

The fastest growing export markets for Raw Aluminium of Vietnam between 2021 and 2022 were China ($60.7M), Spain ($53.2M), and Italy ($25.1M).

Imports In 2018, Vietnam imported $1.48B in Raw Aluminium, becoming the 16th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 37th most imported product in Vietnam. Vietnam imports Raw Aluminium primarily from: Malaysia ($349M), India ($268M), Australia ($266M), South Korea ($196M), and Indonesia ($68.1M).

The fastest growing import markets in Raw Aluminium for Vietnam between 2021 and 2022 were India ($47.4M), Saudi Arabia ($31.5M), and China ($15M).

Latest Trends

Jul 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 Raw Aluminium. 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)$882M
IMPORTS (2022)$1.48B
NET TRADE (2022)-$599M

In 2022, Vietnam exported $882M in Raw Aluminium. The main destinations of Vietnam exports on Raw Aluminium were China ($220M), Spain ($116M), Mexico ($100M), Turkey ($77.5M), and Thailand ($61.6M).

In 2022, Vietnam imported $1.48B in Raw Aluminium, mainly from Malaysia ($349M), India ($268M), Australia ($266M), South Korea ($196M), and Indonesia ($68.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$60.7M (38.1%)
Spain$53.2M (84.8%)
Italy$25.1M (322%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Vietnam WERE (2021 - 2022):
Brazil-$21.7M (-84%)
Mexico-$14.1M (-12.3%)
Bangladesh-$12.5M (-75.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Raw Aluminium were:
Canada $9.37B
India $8.44B
Russia $8.16B
In 2022, Vietnam's main importing competitors in Raw Aluminium were:

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $126M
TOP IMPORT POTENTIALIndia+ $76.7M

Raw Aluminium’s highest export potential is China. With an export gap of $126M.   Raw Aluminium’s highest import potential is India with an import gap of $76.7M.

See methodology.

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