2022
Exports
$327MWorld Rnk 28 / 219
Flag Rnk 167 / 1176
2022
PRODUCT COMPLEXITY IN Transmissions
1.46Rnk 62 / 1025
2022
Imports
$556MWorld Rnk 30 / 225
Flag Rnk 131 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $327M in Transmissions, making it the 28th largest exporter of Transmissions in the world. At the same year, Transmissions was the 167th most exported product in Vietnam. The main destination of Transmissions exports from Vietnam are: United States ($73.2M), Japan ($59.5M), Germany ($54.9M), China ($30.2M), and South Korea ($14.3M).

The fastest growing export markets for Transmissions of Vietnam between 2021 and 2022 were Germany ($26.4M), Japan ($2.88M), and China ($2.87M).

Imports In 2022, Vietnam imported $556M in Transmissions, becoming the 30th largest importer of Transmissions in the world. At the same year, Transmissions was the 131st most imported product in Vietnam. Vietnam imports Transmissions primarily from: China ($338M), Japan ($67.7M), Germany ($26.3M), South Korea ($24.9M), and Chinese Taipei ($17.4M).

The fastest growing import markets in Transmissions for Vietnam between 2021 and 2022 were Hong Kong ($5.5M), Germany ($4.58M), and Thailand ($3.46M).

COMPANIES In 2023, leading companies such as Schaeffler Group (70), Home Depot (14), and SKF Group (8) were at the forefront of shipping Transmissions from Vietnam to the United States.

Latest Trends

Sep 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 Transmissions. 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)$327M
IMPORTS (2022)$556M
NET TRADE (2022)-$229M

In 2022, Vietnam exported $327M in Transmissions. The main destinations of Vietnam exports on Transmissions were United States ($73.2M), Japan ($59.5M), Germany ($54.9M), China ($30.2M), and South Korea ($14.3M).

In 2022, Vietnam imported $556M in Transmissions, mainly from China ($338M), Japan ($67.7M), Germany ($26.3M), South Korea ($24.9M), and Chinese Taipei ($17.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transmissions EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Germany$26.4M (92.2%)
Japan$2.88M (5.08%)
China$2.87M (10.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transmissions BY Vietnam WERE (2021 - 2022):
United States-$4.65M (-5.97%)
Chinese Taipei-$4.6M (-48.4%)
Poland-$2.63M (-41.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Transmissions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $51.2M
TOP IMPORT POTENTIALChina+ $116M

Transmissions’s highest export potential is China. With an export gap of $51.2M.   Transmissions’s highest import potential is China with an import gap of $116M.

See methodology.

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