2022
Exports
$53MWorld Rnk 6 / 64
Flag Rnk 398 / 1176
2022
PRODUCT COMPLEXITY IN Tar
-0.014Rnk 551 / 1025
2022
Imports
$739kWorld Rnk 27 / 106
Flag Rnk 1104 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $53M in Tar, making it the 6th largest exporter of Tar in the world. At the same year, Tar was the 398th most exported product in Vietnam. The main destination of Tar exports from Vietnam are: South Korea ($22.3M), Japan ($16M), and China ($14.7M).

The fastest growing export markets for Tar of Vietnam between 2021 and 2022 were China ($14.7M) and Japan ($5.51M).

Imports In 2022, Vietnam imported $739k in Tar, becoming the 27th largest importer of Tar in the world. At the same year, Tar was the 1104th most imported product in Vietnam. Vietnam imports Tar primarily from: China ($480k), Chinese Taipei ($237k), and Sri Lanka ($20.8k).

The fastest growing import markets in Tar for Vietnam between 2021 and 2022 were China ($135k), Chinese Taipei ($115k), and Sri Lanka ($9.47k).

Latest Trends

Oct 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 Tar. 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)$53M
IMPORTS (2022)$739k
NET TRADE (2022)$52.3M

In 2022, Vietnam exported $53M in Tar. The main destinations of Vietnam exports on Tar were South Korea ($22.3M), Japan ($16M), and China ($14.7M).

In 2022, Vietnam imported $739k in Tar, mainly from China ($480k), Chinese Taipei ($237k), and Sri Lanka ($20.8k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Tar EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$14.7M (1%)
Japan$5.51M (52.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tar BY Vietnam WERE (2021 - 2022):South Korea-$6.08M (-21.4%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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

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Trade Value of Tar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.76M
TOP IMPORT POTENTIALPoland+ $1.31k

Tar’s highest export potential is China. With an export gap of $3.76M.   Tar’s highest import potential is Poland with an import gap of $1.31k.

See methodology.

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