2023
Exports
$466kWorld Rnk 61 / 124
Flag Rnk 923 / 1173
2023
PRODUCT COMPLEXITY IN Tobacco Processing Machines
-0.1Rnk 589 / 1025
2023
Imports
$428kWorld Rnk 94 / 176
Flag Rnk 1105 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $466k in Tobacco Processing Machines, making it the 61st largest exporter of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 923rd most exported product in Vietnam. The main destination of Tobacco Processing Machines exports from Vietnam are: Malaysia ($263k), United States ($52.8k), Chinese Taipei ($44.2k), Saudi Arabia ($34.2k), and Turkey ($29.1k).

The fastest growing export markets for Tobacco Processing Machines of Vietnam between 2022 and 2023 were Malaysia ($246k), Chinese Taipei ($42.4k), and United States ($20k).

Imports In 2023, Vietnam imported $428k in Tobacco Processing Machines, becoming the 94th largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 1105th most imported product in Vietnam. Vietnam imports Tobacco Processing Machines primarily from: United Kingdom ($239k), Singapore ($63.4k), China ($54.8k), Hong Kong ($54.3k), and Malaysia ($5.8k).

The fastest growing import markets in Tobacco Processing Machines for Vietnam between 2022 and 2023 were Singapore ($31.4k) and Poland ($2.02k).

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 Tobacco 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)$466k
IMPORTS (2023)$428k
NET TRADE (2023)$38.6k

In 2023, Vietnam exported $466k in Tobacco Processing Machines. The main destinations of Vietnam exports on Tobacco Processing Machines were Malaysia ($263k), United States ($52.8k), Chinese Taipei ($44.2k), Saudi Arabia ($34.2k), and Turkey ($29.1k).

In 2023, Vietnam imported $428k in Tobacco Processing Machines, mainly from United Kingdom ($239k), Singapore ($63.4k), China ($54.8k), Hong Kong ($54.3k), and Malaysia ($5.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tobacco Processing Machines EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Malaysia$246k (1.47k%)
Chinese Taipei$42.4k (2.34k%)
United States$20k (61.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco Processing Machines BY Vietnam WERE (2022 - 2023):
South Korea-$29.8k (-100%)
Turkey-$17.1k (-37%)
Japan-$14.4k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Tobacco Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $38.2k
TOP IMPORT POTENTIALChina+ $526k

Tobacco Processing Machines’s highest export potential is United States. With an export gap of $38.2k.   Tobacco Processing Machines’s highest import potential is China with an import gap of $526k.

See methodology.

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