2022
Exports
$18.2MWorld Rnk 33 / 141
Flag Rnk 568 / 1176
2022
PRODUCT COMPLEXITY IN Sulfates
-0.37Rnk 666 / 1025
2022
Imports
$113MWorld Rnk 12 / 208
Flag Rnk 389 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $18.2M in Sulfates, making it the 33rd largest exporter of Sulfates in the world. At the same year, Sulfates was the 568th most exported product in Vietnam. The main destination of Sulfates exports from Vietnam are: United States ($7.52M), Cambodia ($1.88M), Laos ($1.85M), Malaysia ($1.56M), and Indonesia ($1.29M).

The fastest growing export markets for Sulfates of Vietnam between 2021 and 2022 were United States ($2.42M), Malaysia ($957k), and Ecuador ($393k).

Imports In 2022, Vietnam imported $113M in Sulfates, becoming the 12th largest importer of Sulfates in the world. At the same year, Sulfates was the 389th most imported product in Vietnam. Vietnam imports Sulfates primarily from: China ($71.6M), Chinese Taipei ($15.7M), Thailand ($7.38M), South Korea ($5.14M), and Japan ($4.6M).

The fastest growing import markets in Sulfates for Vietnam between 2021 and 2022 were China ($6.86M), Chinese Taipei ($5.11M), and South Korea ($1.36M).

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 Sulfates. 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)$18.2M
IMPORTS (2022)$113M
NET TRADE (2022)-$94.8M

In 2022, Vietnam exported $18.2M in Sulfates. The main destinations of Vietnam exports on Sulfates were United States ($7.52M), Cambodia ($1.88M), Laos ($1.85M), Malaysia ($1.56M), and Indonesia ($1.29M).

In 2022, Vietnam imported $113M in Sulfates, mainly from China ($71.6M), Chinese Taipei ($15.7M), Thailand ($7.38M), South Korea ($5.14M), and Japan ($4.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sulfates EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$2.42M (47.3%)
Malaysia$957k (159%)
Ecuador$393k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sulfates BY Vietnam WERE (2021 - 2022):
China-$1.69M (-65.3%)
Indonesia-$943k (-42.1%)
Laos-$317k (-14.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Sulfates were:
In 2022, Vietnam's main importing competitors in Sulfates were:

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Trade Value of Sulfates by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $2.04M
TOP IMPORT POTENTIALChina+ $10.9M

Sulfates’s highest export potential is China. With an export gap of $2.04M.   Sulfates’s highest import potential is China with an import gap of $10.9M.

See methodology.

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