2023
Exports
$346MWorld Rnk 28 / 206
Flag Rnk 141 / 1173
2023
PRODUCT COMPLEXITY IN Refrigerators
0.59Rnk 333 / 1025
2023
Imports
$495MWorld Rnk 28 / 225
Flag Rnk 122 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $346M in Refrigerators, making it the 28th largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 141st most exported product in Vietnam. The main destination of Refrigerators exports from Vietnam are: United States ($92.9M), Philippines ($51.8M), Chinese Taipei ($18.6M), Thailand ($18M), and Malaysia ($15.9M).

The fastest growing export markets for Refrigerators of Vietnam between 2022 and 2023 were United States ($32.7M), Thailand ($8.98M), and Chinese Taipei ($6.55M).

Imports In 2023, Vietnam imported $495M in Refrigerators, becoming the 28th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 122nd most imported product in Vietnam. Vietnam imports Refrigerators primarily from: China ($304M), Thailand ($104M), Indonesia ($21.8M), Malaysia ($9.65M), and India ($8.99M).

The fastest growing import markets in Refrigerators for Vietnam between 2022 and 2023 were India ($7.12M), Singapore ($2.49M), and Luxembourg ($1.55M).

Latest Trends

Jan 2025

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 Refrigerators. 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 (2023)$346M
IMPORTS (2023)$495M
NET TRADE (2023)-$149M

In 2023, Vietnam exported $346M in Refrigerators. The main destinations of Vietnam exports on Refrigerators were United States ($92.9M), Philippines ($51.8M), Chinese Taipei ($18.6M), Thailand ($18M), and Malaysia ($15.9M).

In 2023, Vietnam imported $495M in Refrigerators, mainly from China ($304M), Thailand ($104M), Indonesia ($21.8M), Malaysia ($9.65M), and India ($8.99M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
United States$32.7M (54.4%)
Thailand$8.98M (99.1%)
Chinese Taipei$6.55M (54.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY Vietnam WERE (2022 - 2023):
South Korea-$37.7M (-100%)
United Arab Emirates-$24.8M (-76.2%)
Sweden-$13.1M (-99.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Refrigerators were:
China $16.4B
Mexico $7.25B
Italy $4.25B
In 2023, Vietnam's main importing competitors in Refrigerators were:

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Trade Value of Refrigerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $45.5M
TOP IMPORT POTENTIALChina+ $158M

Refrigerators’s highest export potential is United States. With an export gap of $45.5M.   Refrigerators’s highest import potential is China with an import gap of $158M.

See methodology.

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