2022
Exports
$40.1MWorld Rnk 38 / 187
Flag Rnk 437 / 1176
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.71Rnk 22 / 1025
2022
Imports
$1.09BWorld Rnk 6 / 213
Flag Rnk 58 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $40.1M in Rubberworking Machinery, making it the 38th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 437th most exported product in Vietnam. The main destination of Rubberworking Machinery exports from Vietnam are: China ($8.09M), Japan ($5.33M), United States ($4.96M), South Korea ($4.59M), and Netherlands ($3.68M).

The fastest growing export markets for Rubberworking Machinery of Vietnam between 2021 and 2022 were China ($4.39M), Netherlands ($3.31M), and Japan ($2.24M).

Imports In 2022, Vietnam imported $1.09B in Rubberworking Machinery, becoming the 6th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 58th most imported product in Vietnam. Vietnam imports Rubberworking Machinery primarily from: China ($665M), Chinese Taipei ($109M), South Korea ($90.8M), Japan ($90.7M), and Germany ($39.9M).

The fastest growing import markets in Rubberworking Machinery for Vietnam between 2021 and 2022 were United States ($8.95M), United Kingdom ($8.09M), and South Korea ($6.01M).

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 Rubberworking Machinery. 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)$40.1M
IMPORTS (2022)$1.09B
NET TRADE (2022)-$1.05B

In 2022, Vietnam exported $40.1M in Rubberworking Machinery. The main destinations of Vietnam exports on Rubberworking Machinery were China ($8.09M), Japan ($5.33M), United States ($4.96M), South Korea ($4.59M), and Netherlands ($3.68M).

In 2022, Vietnam imported $1.09B in Rubberworking Machinery, mainly from China ($665M), Chinese Taipei ($109M), South Korea ($90.8M), Japan ($90.7M), and Germany ($39.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$4.39M (119%)
Netherlands$3.31M (889%)
Japan$2.24M (72.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Vietnam WERE (2021 - 2022):
Thailand-$824k (-46.6%)
Norway-$724k (-95.3%)
Russia-$610k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Rubberworking Machinery were:
China $7.21B
Japan $2.29B
In 2022, Vietnam's main importing competitors in Rubberworking Machinery were:

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $11.6M
TOP IMPORT POTENTIALChina+ $58.2M

Rubberworking Machinery’s highest export potential is China. With an export gap of $11.6M.   Rubberworking Machinery’s highest import potential is China with an import gap of $58.2M.

See methodology.

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