2023
Exports
$15.9MWorld Rnk 8 / 139
Flag Rnk 546 / 1173
2023
PRODUCT COMPLEXITY IN Silk Fabrics
0.51Rnk 369 / 1025
2023
Imports
$32.1MWorld Rnk 6 / 191
Flag Rnk 611 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $15.9M in Silk Fabrics, making it the 8th largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 546th most exported product in Vietnam. The main destination of Silk Fabrics exports from Vietnam are: Japan ($12.6M), India ($3.17M), Poland ($81.1k), Burma ($29.1k), and United Arab Emirates ($17.5k).

The fastest growing export markets for Silk Fabrics of Vietnam between 2022 and 2023 were Japan ($237k), India ($206k), and Poland ($81.1k).

Imports In 2023, Vietnam imported $32.1M in Silk Fabrics, becoming the 6th largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 611th most imported product in Vietnam. Vietnam imports Silk Fabrics primarily from: Japan ($20.3M), China ($10.3M), Germany ($801k), Hong Kong ($399k), and United States ($46.6k).

The fastest growing import markets in Silk Fabrics for Vietnam between 2022 and 2023 were China ($717k), Hong Kong ($394k), and United States ($35.1k).

Latest Trends

Dec 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 Silk Fabrics. 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)$15.9M
IMPORTS (2023)$32.1M
NET TRADE (2023)-$16.2M

In 2023, Vietnam exported $15.9M in Silk Fabrics. The main destinations of Vietnam exports on Silk Fabrics were Japan ($12.6M), India ($3.17M), Poland ($81.1k), Burma ($29.1k), and United Arab Emirates ($17.5k).

In 2023, Vietnam imported $32.1M in Silk Fabrics, mainly from Japan ($20.3M), China ($10.3M), Germany ($801k), Hong Kong ($399k), and United States ($46.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silk Fabrics EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Japan$237k (1.92%)
India$206k (6.95%)
Poland$81.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Fabrics BY Vietnam WERE (2022 - 2023):
Burma-$160k (-84.6%)
Cambodia-$73.6k (-100%)
United States-$22.5k (-97.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Silk Fabrics were:
China $317M
Italy $197M
France $55.7M
In 2023, Vietnam's main importing competitors in Silk Fabrics were:

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Trade Value of Silk Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $295k
TOP IMPORT POTENTIALChina+ $4.24M

Silk Fabrics’s highest export potential is India. With an export gap of $295k.   Silk Fabrics’s highest import potential is China with an import gap of $4.24M.

See methodology.

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