2022
Exports
$14MWorld Rnk 39 / 155
Flag Rnk 607 / 1176
2022
PRODUCT COMPLEXITY IN Saturated Acyclic Monocarboxylic Acids
1.08Rnk 141 / 1025
2022
Imports
$344MWorld Rnk 19 / 203
Flag Rnk 188 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $14M in Saturated Acyclic Monocarboxylic Acids, making it the 39th largest exporter of Saturated Acyclic Monocarboxylic Acids in the world. At the same year, Saturated Acyclic Monocarboxylic Acids was the 607th most exported product in Vietnam. The main destination of Saturated Acyclic Monocarboxylic Acids exports from Vietnam are: Bangladesh ($3.15M), Cambodia ($2.33M), Burma ($1.97M), South Korea ($1.76M), and United States ($1.28M).

The fastest growing export markets for Saturated Acyclic Monocarboxylic Acids of Vietnam between 2021 and 2022 were Burma ($1.25M), Australia ($774k), and South Korea ($727k).

Imports In 2022, Vietnam imported $344M in Saturated Acyclic Monocarboxylic Acids, becoming the 19th largest importer of Saturated Acyclic Monocarboxylic Acids in the world. At the same year, Saturated Acyclic Monocarboxylic Acids was the 188th most imported product in Vietnam. Vietnam imports Saturated Acyclic Monocarboxylic Acids primarily from: China ($216M), Chinese Taipei ($35.5M), Singapore ($26.5M), Malaysia ($18.9M), and South Korea ($14.2M).

The fastest growing import markets in Saturated Acyclic Monocarboxylic Acids for Vietnam between 2021 and 2022 were China ($31.9M), Malaysia ($2.34M), and United States ($2.05M).

COMPANIES In 2023, leading companies such as Cali Bamboo Flooring (36), Home Depot (5), and Hyosung (2) were at the forefront of shipping Saturated Acyclic Monocarboxylic Acids from Vietnam to the United States.

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 Saturated Acyclic Monocarboxylic Acids. 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)$14M
IMPORTS (2022)$344M
NET TRADE (2022)-$330M

In 2022, Vietnam exported $14M in Saturated Acyclic Monocarboxylic Acids. The main destinations of Vietnam exports on Saturated Acyclic Monocarboxylic Acids were Bangladesh ($3.15M), Cambodia ($2.33M), Burma ($1.97M), South Korea ($1.76M), and United States ($1.28M).

In 2022, Vietnam imported $344M in Saturated Acyclic Monocarboxylic Acids, mainly from China ($216M), Chinese Taipei ($35.5M), Singapore ($26.5M), Malaysia ($18.9M), and South Korea ($14.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Saturated Acyclic Monocarboxylic Acids EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Burma$1.25M (172%)
Australia$774k (421%)
South Korea$727k (70.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Saturated Acyclic Monocarboxylic Acids BY Vietnam WERE (2021 - 2022):
United States-$1.67M (-56.6%)
Bangladesh-$733k (-18.9%)
Malaysia-$591k (-62.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Saturated Acyclic Monocarboxylic Acids were:
In 2022, Vietnam's main importing competitors in Saturated Acyclic Monocarboxylic Acids were:
India $1.82B
Belgium $1.75B
Germany $1.48B

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Trade Value of Saturated Acyclic Monocarboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.59M
TOP IMPORT POTENTIALChina+ $30.9M

Saturated Acyclic Monocarboxylic Acids’s highest export potential is United States. With an export gap of $1.59M.   Saturated Acyclic Monocarboxylic Acids’s highest import potential is China with an import gap of $30.9M.

See methodology.

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