2022
Exports
$21.8MWorld Rnk 18 / 180
Flag Rnk 541 / 1176
2022
PRODUCT COMPLEXITY IN Sand
-0.9Rnk 807 / 1025
2022
Imports
$34.9MWorld Rnk 18 / 216
Flag Rnk 624 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $21.8M in Sand, making it the 18th largest exporter of Sand in the world. At the same year, Sand was the 541st most exported product in Vietnam. The main destination of Sand exports from Vietnam are: South Korea ($10.8M), United States ($4.18M), Chinese Taipei ($3.32M), Philippines ($1.74M), and Japan ($840k).

The fastest growing export markets for Sand of Vietnam between 2021 and 2022 were United States ($4.18M), South Korea ($3.7M), and Thailand ($637k).

Imports In 2022, Vietnam imported $34.9M in Sand, becoming the 18th largest importer of Sand in the world. At the same year, Sand was the 624th most imported product in Vietnam. Vietnam imports Sand primarily from: Cambodia ($22.3M), Belgium ($6.9M), China ($4.17M), Chinese Taipei ($540k), and Japan ($367k).

The fastest growing import markets in Sand for Vietnam between 2021 and 2022 were Cambodia ($20.1M), Belgium ($1.11M), and China ($606k).

COMPANIES In 2023, leading companies such as DuPont (8), Hyosung (5), and Michael Kors (2) were at the forefront of shipping Sand from Vietnam to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Sand. 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)$21.8M
IMPORTS (2022)$34.9M
NET TRADE (2022)-$13M

In 2022, Vietnam exported $21.8M in Sand. The main destinations of Vietnam exports on Sand were South Korea ($10.8M), United States ($4.18M), Chinese Taipei ($3.32M), Philippines ($1.74M), and Japan ($840k).

In 2022, Vietnam imported $34.9M in Sand, mainly from Cambodia ($22.3M), Belgium ($6.9M), China ($4.17M), Chinese Taipei ($540k), and Japan ($367k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sand EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$4.18M (67k%)
South Korea$3.7M (52%)
Thailand$637k (533%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sand BY Vietnam WERE (2021 - 2022):
Chinese Taipei-$15.3M (-82.1%)
Philippines-$1.69M (-49.4%)
Japan-$269k (-24.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Sand were:
In 2022, Vietnam's main importing competitors in Sand were:
China $346M
Japan $150M

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Trade Value of Sand by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $701k
TOP IMPORT POTENTIALChina+ $1.76M

Sand’s highest export potential is Japan. With an export gap of $701k.   Sand’s highest import potential is China with an import gap of $1.76M.

See methodology.

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