2022
Exports
$170kWorld Rnk 67 / 130
Flag Rnk 1047 / 1176
2022
PRODUCT COMPLEXITY IN Tobacco Processing Machines
-0.19Rnk 613 / 1025
2022
Imports
$9.17MWorld Rnk 31 / 175
Flag Rnk 859 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $170k in Tobacco Processing Machines, making it the 67th largest exporter of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 1047th most exported product in Vietnam. The main destination of Tobacco Processing Machines exports from Vietnam are: Turkey ($46.2k), United States ($32.8k), South Korea ($29.8k), Malaysia ($16.7k), and Japan ($14.4k).

The fastest growing export markets for Tobacco Processing Machines of Vietnam between 2021 and 2022 were Turkey ($21.7k), Malaysia ($9.57k), and United Kingdom ($4.49k).

Imports In 2022, Vietnam imported $9.17M in Tobacco Processing Machines, becoming the 31st largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 859th most imported product in Vietnam. Vietnam imports Tobacco Processing Machines primarily from: Germany ($5.85M), United Kingdom ($1.19M), Hong Kong ($933k), China ($625k), and Malaysia ($144k).

The fastest growing import markets in Tobacco Processing Machines for Vietnam between 2021 and 2022 were Germany ($5.25M), United Kingdom ($1.15M), and Hong Kong ($933k).

COMPANIES In 2023, leading companies such as LG Electronics (46), Tesla (14), and Cotton On (2) were at the forefront of shipping Tobacco Processing Machines from Vietnam to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$170k
IMPORTS (2022)$9.17M
NET TRADE (2022)-$9M

In 2022, Vietnam exported $170k in Tobacco Processing Machines. The main destinations of Vietnam exports on Tobacco Processing Machines were Turkey ($46.2k), United States ($32.8k), South Korea ($29.8k), Malaysia ($16.7k), and Japan ($14.4k).

In 2022, Vietnam imported $9.17M in Tobacco Processing Machines, mainly from Germany ($5.85M), United Kingdom ($1.19M), Hong Kong ($933k), China ($625k), and Malaysia ($144k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tobacco Processing Machines EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Turkey$21.7k (88.3%)
Malaysia$9.57k (134%)
United Kingdom$4.49k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco Processing Machines BY Vietnam WERE (2021 - 2022):
Saudi Arabia-$120k (-100%)
Russia-$64.2k (-100%)
Japan-$62.7k (-81.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Vietnam's main exporting competitors in Tobacco Processing Machines were:
In 2022, Vietnam's main importing competitors in Tobacco Processing Machines were:

Explore Visualizations

Trade Value of Tobacco Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
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.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with