2022
Exports
$2.55MWorld Rnk 34 / 135
Flag Rnk 826 / 1176
2022
PRODUCT COMPLEXITY IN Rolling Machines
1.58Rnk 38 / 1025
2022
Imports
$51.3MWorld Rnk 5 / 199
Flag Rnk 545 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $2.55M in Rolling Machines, making it the 34th largest exporter of Rolling Machines in the world. At the same year, Rolling Machines was the 826th most exported product in Vietnam. The main destination of Rolling Machines exports from Vietnam are: South Korea ($1.14M), United States ($921k), Thailand ($250k), China ($70.2k), and Burma ($38.5k).

The fastest growing export markets for Rolling Machines of Vietnam between 2021 and 2022 were South Korea ($859k), United States ($341k), and Thailand ($242k).

Imports In 2022, Vietnam imported $51.3M in Rolling Machines, becoming the 5th largest importer of Rolling Machines in the world. At the same year, Rolling Machines was the 545th most imported product in Vietnam. Vietnam imports Rolling Machines primarily from: China ($20.4M), South Korea ($11.3M), Chinese Taipei ($6.11M), Italy ($5.59M), and Japan ($3.29M).

The fastest growing import markets in Rolling Machines for Vietnam between 2021 and 2022 were China ($3.34M), Chinese Taipei ($2.72M), and Japan ($2.25M).

Latest Trends

Aug 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 Rolling Machines. 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)$2.55M
IMPORTS (2022)$51.3M
NET TRADE (2022)-$48.8M

In 2022, Vietnam exported $2.55M in Rolling Machines. The main destinations of Vietnam exports on Rolling Machines were South Korea ($1.14M), United States ($921k), Thailand ($250k), China ($70.2k), and Burma ($38.5k).

In 2022, Vietnam imported $51.3M in Rolling Machines, mainly from China ($20.4M), South Korea ($11.3M), Chinese Taipei ($6.11M), Italy ($5.59M), and Japan ($3.29M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rolling Machines EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
South Korea$859k (302%)
United States$341k (58.9%)
Thailand$242k (3.29k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rolling Machines BY Vietnam WERE (2021 - 2022):
Germany-$217k (-91.6%)
Japan-$88.7k (-96.5%)
Cambodia-$75.1k (-89.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Rolling Machines were:
In 2022, Vietnam's main importing competitors in Rolling Machines were:

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Trade Value of Rolling Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $278k
TOP IMPORT POTENTIALChina+ $2.2M

Rolling Machines’s highest export potential is China. With an export gap of $278k.   Rolling Machines’s highest import potential is China with an import gap of $2.2M.

See methodology.

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