2022
Exports
$357MWorld Rnk 7 / 180
Flag Rnk 160 / 1176
2022
PRODUCT COMPLEXITY IN Tufted Carpets
0.096Rnk 524 / 1025
2022
Imports
$88MWorld Rnk 21 / 215
Flag Rnk 444 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $357M in Tufted Carpets, making it the 7th largest exporter of Tufted Carpets in the world. At the same year, Tufted Carpets was the 160th most exported product in Vietnam. The main destination of Tufted Carpets exports from Vietnam are: United States ($147M), India ($39.6M), Spain ($28.3M), Japan ($26.4M), and United Kingdom ($23.5M).

The fastest growing export markets for Tufted Carpets of Vietnam between 2021 and 2022 were India ($12.8M), Spain ($9.15M), and Indonesia ($3.77M).

Imports In 2022, Vietnam imported $88M in Tufted Carpets, becoming the 21st largest importer of Tufted Carpets in the world. At the same year, Tufted Carpets was the 444th most imported product in Vietnam. Vietnam imports Tufted Carpets primarily from: China ($77M), Japan ($4.43M), Thailand ($1.99M), Malaysia ($1.06M), and Germany ($909k).

The fastest growing import markets in Tufted Carpets for Vietnam between 2021 and 2022 were Japan ($445k), Italy ($195k), and Singapore ($135k).

COMPANIES In 2023, leading companies such as IKEA Group (30) and Home Depot (1) were at the forefront of shipping Tufted Carpets 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 Tufted Carpets. 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)$357M
IMPORTS (2022)$88M
NET TRADE (2022)$269M

In 2022, Vietnam exported $357M in Tufted Carpets. The main destinations of Vietnam exports on Tufted Carpets were United States ($147M), India ($39.6M), Spain ($28.3M), Japan ($26.4M), and United Kingdom ($23.5M).

In 2022, Vietnam imported $88M in Tufted Carpets, mainly from China ($77M), Japan ($4.43M), Thailand ($1.99M), Malaysia ($1.06M), and Germany ($909k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tufted Carpets EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
India$12.8M (47.9%)
Spain$9.15M (47.7%)
Indonesia$3.77M (2.15M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tufted Carpets BY Vietnam WERE (2021 - 2022):
Belgium-$12.4M (-77.8%)
Saudi Arabia-$2.36M (-51%)
United States-$2.11M (-1.42%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Vietnam's main exporting competitors in Tufted Carpets were:
In 2022, Vietnam's main importing competitors in Tufted Carpets were:

Explore Visualizations

Trade Value of Tufted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $7.03M
TOP IMPORT POTENTIALChina+ $9.1M

Tufted Carpets’s highest export potential is United Kingdom. With an export gap of $7.03M.   Tufted Carpets’s highest import potential is China with an import gap of $9.1M.

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