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2022
Exports $35.3MWorld Rnk 38 / 202
Flag Rnk 455 / 1176
2022
Destination $2.54M United States
2021 - 2022
FASTEST GROWING MARKET $2.54MUnited States
2022
PRODUCT COMPLEXITY IN Soap-1.11Rnk 858 / 1025
2022
Imports $44.8MWorld Rnk 51 / 223
Flag Rnk 573 / 1208
2022
Origin $10.8M China
2021 - 2022
FASTEST GROWING ORIGIN $10.8MChina
2022
ECONOMIC COMPLEXITY of Vietnam0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $35.3M in Soap, making it the 38th largest exporter of Soap in the world. At the same year, Soap was the 455th most exported product in Vietnam. The main destination of Soap exports from Vietnam are: United States ($12.2M), China ($5.02M), Cambodia ($3.74M), Philippines ($3.4M), and Japan ($2.44M).

The fastest growing export markets for Soap of Vietnam between 2021 and 2022 were United States ($2.54M), Indonesia ($694k), and United Arab Emirates ($653k).

Imports In 2022, Vietnam imported $44.8M in Soap, becoming the 51st largest importer of Soap in the world. At the same year, Soap was the 573rd most imported product in Vietnam. Vietnam imports Soap primarily from: China ($14.7M), Indonesia ($8.51M), United States ($6.71M), Malaysia ($4.24M), and Japan ($2.39M).

The fastest growing import markets in Soap for Vietnam between 2021 and 2022 were China ($10.8M), United States ($5.34M), and Indonesia ($1.24M).

Latest Trends

Sep 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 Soap. 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)$35.3M
IMPORTS (2022)$44.8M
NET TRADE (2022)-$9.44M

In 2022, Vietnam exported $35.3M in Soap. The main destinations of Vietnam exports on Soap were United States ($12.2M), China ($5.02M), Cambodia ($3.74M), Philippines ($3.4M), and Japan ($2.44M).

In 2022, Vietnam imported $44.8M in Soap, mainly from China ($14.7M), Indonesia ($8.51M), United States ($6.71M), Malaysia ($4.24M), and Japan ($2.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soap EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$2.54M (26.4%)
Indonesia$694k (385%)
United Arab Emirates$653k (219%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soap BY Vietnam WERE (2021 - 2022):
Cambodia-$2.57M (-40.7%)
Canada-$2.39M (-96.2%)
Chinese Taipei-$552k (-29.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Soap were:
Indonesia $860M
China $841M
Germany $664M
In 2022, Vietnam's main importing competitors in Soap were:
United States $730M
Germany $489M
Canada $321M

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Trade Value of Soap by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.4M
TOP IMPORT POTENTIALChina+ $12M

Soap’s highest export potential is China. With an export gap of $10.4M.   Soap’s highest import potential is China with an import gap of $12M.

See methodology.

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