2022
Exports
$427MWorld Rnk 2 / 187
Flag Rnk 57 / 96
2022
PRODUCT COMPLEXITY IN Straw & esparto manufactures
-1.47Rnk 944 / 1025
2022
Imports
$39.1MWorld Rnk 16 / 219
Flag Rnk 91 / 96
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $427M in Straw & esparto manufactures, making it the 2nd largest exporter of Straw & esparto manufactures in the world. At the same year, Straw & esparto manufactures was the 57th most exported product in Vietnam. The main destination of Straw & esparto manufactures exports from Vietnam are: United States ($153M), Germany ($43.7M), France ($25.2M), Australia ($19.2M), and Japan ($17.5M).

The fastest growing export markets for Straw & esparto manufactures of Vietnam between 2021 and 2022 were Germany ($4.32M), France ($3.22M), and Spain ($2.35M).

Imports In 2022, Vietnam imported $39.1M in Straw & esparto manufactures, becoming the 16th largest importer of Straw & esparto manufactures in the world. At the same year, Straw & esparto manufactures was the 91st most imported product in Vietnam. Vietnam imports Straw & esparto manufactures primarily from: China ($38.2M), France ($238k), South Korea ($228k), Japan ($212k), and Chinese Taipei ($45.3k).

The fastest growing import markets in Straw & esparto manufactures for Vietnam between 2021 and 2022 were France ($176k), Japan ($152k), and Denmark ($16.5k).

COMPANIES In 2023, leading companies such as IKEA Group (246), At Home Procurement (77), and Amazon (23) were at the forefront of shipping Straw & esparto manufactures 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 Straw & esparto manufactures. 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)$427M
IMPORTS (2022)$39.1M
NET TRADE (2022)$388M

In 2022, Vietnam exported $427M in Straw & esparto manufactures. The main destinations of Vietnam exports on Straw & esparto manufactures were United States ($153M), Germany ($43.7M), France ($25.2M), Australia ($19.2M), and Japan ($17.5M).

In 2022, Vietnam imported $39.1M in Straw & esparto manufactures, mainly from China ($38.2M), France ($238k), South Korea ($228k), Japan ($212k), and Chinese Taipei ($45.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Straw & esparto manufactures EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Germany$4.32M (11%)
France$3.22M (14.6%)
Spain$2.35M (17.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Straw & esparto manufactures BY Vietnam WERE (2021 - 2022):
United States-$14.8M (-8.82%)
Netherlands-$5.74M (-26.5%)
Belgium-$3.5M (-39.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Straw & esparto manufactures were:
China $1.67B
India $200M
In 2022, Vietnam's main importing competitors in Straw & esparto manufactures were:

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Trade Value of Straw & esparto manufactures by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $4.73M
TOP IMPORT POTENTIALChina+ $4.04M

Straw & esparto manufactures’s highest export potential is China. With an export gap of $4.73M.   Straw & esparto manufactures’s highest import potential is China with an import gap of $4.04M.

See methodology.

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