2023
Exports
$3.27MWorld Rnk 34 / 119
Flag Rnk 747 / 1173
2023
PRODUCT COMPLEXITY IN Tungsten
1.42Rnk 58 / 1025
2023
Imports
$11.1MWorld Rnk 25 / 176
Flag Rnk 803 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $3.27M in Tungsten, making it the 34th largest exporter of Tungsten in the world. At the same year, Tungsten was the 747th most exported product in Vietnam. The main destination of Tungsten exports from Vietnam are: United States ($2.51M), Chinese Taipei ($444k), Philippines ($240k), Japan ($59.5k), and Netherlands ($6.95k).

The fastest growing export markets for Tungsten of Vietnam between 2022 and 2023 were Chinese Taipei ($441k), Philippines ($134k), and Belgium ($5.07k).

Imports In 2023, Vietnam imported $11.1M in Tungsten, becoming the 25th largest importer of Tungsten in the world. At the same year, Tungsten was the 803rd most imported product in Vietnam. Vietnam imports Tungsten primarily from: China ($7.95M), Japan ($1.49M), India ($793k), Singapore ($381k), and Germany ($172k).

The fastest growing import markets in Tungsten for Vietnam between 2022 and 2023 were Singapore ($309k), Germany ($31.4k), and Hong Kong ($5.15k).

Latest Trends

Jan 2025

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 Tungsten. 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)$3.27M
IMPORTS (2023)$11.1M
NET TRADE (2023)-$7.81M

In 2023, Vietnam exported $3.27M in Tungsten. The main destinations of Vietnam exports on Tungsten were United States ($2.51M), Chinese Taipei ($444k), Philippines ($240k), Japan ($59.5k), and Netherlands ($6.95k).

In 2023, Vietnam imported $11.1M in Tungsten, mainly from China ($7.95M), Japan ($1.49M), India ($793k), Singapore ($381k), and Germany ($172k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tungsten EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Chinese Taipei$441k (14.6k%)
Philippines$134k (126%)
Belgium$5.07k (1.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten BY Vietnam WERE (2022 - 2023):
Japan-$1.89M (-96.9%)
United States-$1.1M (-30.6%)
Germany-$1.08M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Tungsten by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $567k
TOP IMPORT POTENTIALChina+ $3.24M

Tungsten’s highest export potential is United States. With an export gap of $567k.   Tungsten’s highest import potential is China with an import gap of $3.24M.

See methodology.

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