2022
Exports
$6.92BWorld Rnk 34 / 226
Flag Rnk 11 / 21
2022
PRODUCT COMPLEXITY IN Transportation
1.48Rnk 58 / 1025
2022
Imports
$11.7BWorld Rnk 40 / 226
Flag Rnk 8 / 21
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $6.92B in Transportation, making it the 34th largest exporter of Transportation in the world. At the same year, Transportation was the 11th most exported product in Vietnam. The main destination of Transportation exports from Vietnam are: United States ($1.31B), Japan ($602M), Thailand ($494M), Netherlands ($475M), and China ($301M).

The fastest growing export markets for Transportation of Vietnam between 2021 and 2022 were United States ($323M), Netherlands ($294M), and Malta ($190M).

Imports In 2022, Vietnam imported $11.7B in Transportation, becoming the 40th largest importer of Transportation in the world. At the same year, Transportation was the 8th most imported product in Vietnam. Vietnam imports Transportation primarily from: China ($3.33B), Thailand ($1.96B), South Korea ($1.82B), Indonesia ($1.29B), and Japan ($1.12B).

The fastest growing import markets in Transportation for Vietnam between 2021 and 2022 were China ($434M), Indonesia ($355M), and Netherlands ($111M).

COMPANIES In 2023, leading companies such as Sailun Tire (401), Tredit Tire & Wheel (153), and Samsung (137) were at the forefront of shipping Transportation from Vietnam to the United States.

Latest Trends

Jul 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 Transportation. 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)$6.92B
IMPORTS (2022)$11.7B
NET TRADE (2022)-$4.79B

In 2022, Vietnam exported $6.92B in Transportation. The main destinations of Vietnam exports on Transportation were United States ($1.31B), Japan ($602M), Thailand ($494M), Netherlands ($475M), and China ($301M).

In 2022, Vietnam imported $11.7B in Transportation, mainly from China ($3.33B), Thailand ($1.96B), South Korea ($1.82B), Indonesia ($1.29B), and Japan ($1.12B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transportation EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$323M (32.5%)
Netherlands$294M (163%)
Malta$190M (20.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transportation BY Vietnam WERE (2021 - 2022):
Panama-$137M (-66.9%)
China-$86.4M (-22.3%)
Trinidad and Tobago-$73.1M (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Transportation by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $582M
TOP IMPORT POTENTIALChina+ $1.46B

Transportation’s highest export potential is United States. With an export gap of $582M.   Transportation’s highest import potential is China with an import gap of $1.46B.

See methodology.

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