2023
Exports
$1.24MWorld Rnk 51 / 143
Flag Rnk 838 / 1173
2023
PRODUCT COMPLEXITY IN Traffic Signals
1.04Rnk 165 / 1025
2023
Imports
$8.23MWorld Rnk 61 / 215
Flag Rnk 844 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $1.24M in Traffic Signals, making it the 51st largest exporter of Traffic Signals in the world. At the same year, Traffic Signals was the 838th most exported product in Vietnam. The main destination of Traffic Signals exports from Vietnam are: Canada ($738k), Japan ($198k), Cambodia ($151k), Sweden ($26.1k), and Australia ($25.2k).

The fastest growing export markets for Traffic Signals of Vietnam between 2022 and 2023 were Canada ($193k), Cambodia ($150k), and Sweden ($26.1k).

Imports In 2023, Vietnam imported $8.23M in Traffic Signals, becoming the 61st largest importer of Traffic Signals in the world. At the same year, Traffic Signals was the 844th most imported product in Vietnam. Vietnam imports Traffic Signals primarily from: China ($3.35M), Belgium ($1.18M), United States ($1M), Singapore ($577k), and Italy ($512k).

The fastest growing import markets in Traffic Signals for Vietnam between 2022 and 2023 were China ($1.83M), United States ($967k), and Italy ($349k).

Latest Trends

Dec 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 Traffic Signals. 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)$1.24M
IMPORTS (2023)$8.23M
NET TRADE (2023)-$6.98M

In 2023, Vietnam exported $1.24M in Traffic Signals. The main destinations of Vietnam exports on Traffic Signals were Canada ($738k), Japan ($198k), Cambodia ($151k), Sweden ($26.1k), and Australia ($25.2k).

In 2023, Vietnam imported $8.23M in Traffic Signals, mainly from China ($3.35M), Belgium ($1.18M), United States ($1M), Singapore ($577k), and Italy ($512k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Traffic Signals EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Canada$193k (35.3%)
Cambodia$150k (31.1k%)
Sweden$26.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Traffic Signals BY Vietnam WERE (2022 - 2023):
United States-$199k (-97.3%)
Peru-$41.9k (-98.2%)
United Arab Emirates-$17.7k (-99.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Traffic Signals were:
In 2023, Vietnam's main importing competitors in Traffic Signals were:

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Trade Value of Traffic Signals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $222k
TOP IMPORT POTENTIALChina+ $2M

Traffic Signals’s highest export potential is United States. With an export gap of $222k.   Traffic Signals’s highest import potential is China with an import gap of $2M.

See methodology.

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