2023
Exports
$20.7MWorld Rnk 51 / 198
Flag Rnk 513 / 1173
2023
PRODUCT COMPLEXITY IN Stone Processing Machines
0.43Rnk 399 / 1025
2023
Imports
$188MWorld Rnk 29 / 224
Flag Rnk 261 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $20.7M in Stone Processing Machines, making it the 51st largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 513th most exported product in Vietnam. The main destination of Stone Processing Machines exports from Vietnam are: Australia ($3.95M), Kazakhstan ($3.22M), China ($2.53M), Philippines ($2.09M), and Germany ($1.87M).

The fastest growing export markets for Stone Processing Machines of Vietnam between 2022 and 2023 were Kazakhstan ($3.22M), China ($2.51M), and Australia ($2.47M).

Imports In 2023, Vietnam imported $188M in Stone Processing Machines, becoming the 29th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 261st most imported product in Vietnam. Vietnam imports Stone Processing Machines primarily from: China ($122M), Japan ($19M), Italy ($15.8M), Germany ($9.7M), and India ($5.05M).

The fastest growing import markets in Stone Processing Machines for Vietnam between 2022 and 2023 were Japan ($11.8M), Germany ($3.95M), and China ($2.72M).

Latest Trends

Jan 2025

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 Stone Processing Machines. 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)$20.7M
IMPORTS (2023)$188M
NET TRADE (2023)-$168M

In 2023, Vietnam exported $20.7M in Stone Processing Machines. The main destinations of Vietnam exports on Stone Processing Machines were Australia ($3.95M), Kazakhstan ($3.22M), China ($2.53M), Philippines ($2.09M), and Germany ($1.87M).

In 2023, Vietnam imported $188M in Stone Processing Machines, mainly from China ($122M), Japan ($19M), Italy ($15.8M), Germany ($9.7M), and India ($5.05M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Kazakhstan$3.22M (1%)
China$2.51M (12.8k%)
Australia$2.47M (166%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Vietnam WERE (2022 - 2023):
Laos-$2.11M (-100%)
Germany-$448k (-19.3%)
Italy-$269k (-76.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Stone Processing Machines were:
In 2023, Vietnam's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $834k
TOP IMPORT POTENTIALChina+ $42M

Stone Processing Machines’s highest export potential is Germany. With an export gap of $834k.   Stone Processing Machines’s highest import potential is China with an import gap of $42M.

See methodology.

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