2023
Exports
$1.87MWorld Rnk 68 / 136
Flag Rnk 804 / 1173
2023
PRODUCT COMPLEXITY IN Silver
-0.85Rnk 794 / 1025
2023
Imports
$39.4MWorld Rnk 32 / 179
Flag Rnk 570 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $1.87M in Silver, making it the 68th largest exporter of Silver in the world. At the same year, Silver was the 804th most exported product in Vietnam. The main destination of Silver exports from Vietnam are: United States ($1.6M), Chinese Taipei ($158k), Hong Kong ($71.7k), Japan ($23.7k), and Switzerland ($18.4k).

The fastest growing export markets for Silver of Vietnam between 2022 and 2023 were United States ($1.6M), Chinese Taipei ($80.3k), and Hong Kong ($61.2k).

Imports In 2023, Vietnam imported $39.4M in Silver, becoming the 32nd largest importer of Silver in the world. At the same year, Silver was the 570th most imported product in Vietnam. Vietnam imports Silver primarily from: Japan ($21.7M), Hong Kong ($5.37M), Singapore ($2.75M), Chinese Taipei ($2.27M), and Germany ($1.86M).

The fastest growing import markets in Silver for Vietnam between 2022 and 2023 were Hong Kong ($3.24M), Indonesia ($1.3M), and Japan ($1.23M).

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 Silver. 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)$1.87M
IMPORTS (2023)$39.4M
NET TRADE (2023)-$37.5M

In 2023, Vietnam exported $1.87M in Silver. The main destinations of Vietnam exports on Silver were United States ($1.6M), Chinese Taipei ($158k), Hong Kong ($71.7k), Japan ($23.7k), and Switzerland ($18.4k).

In 2023, Vietnam imported $39.4M in Silver, mainly from Japan ($21.7M), Hong Kong ($5.37M), Singapore ($2.75M), Chinese Taipei ($2.27M), and Germany ($1.86M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
United States$1.6M (1%)
Chinese Taipei$80.3k (104%)
Hong Kong$61.2k (581%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Vietnam WERE (2022 - 2023):
Germany-$400k (-100%)
Japan-$47.9k (-66.9%)
Malaysia-$11.6k (-94.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Silver were:
In 2023, Vietnam's main importing competitors in Silver were:

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $277k
TOP IMPORT POTENTIALSouth Korea+ $2.5M

Silver’s highest export potential is Germany. With an export gap of $277k.   Silver’s highest import potential is South Korea with an import gap of $2.5M.

See methodology.

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