2022
Exports
$244MWorld Rnk 10 / 170
Flag Rnk 195 / 1176
2022
PRODUCT COMPLEXITY IN Utility Meters
0.046Rnk 536 / 1025
2022
Imports
$91.2MWorld Rnk 23 / 219
Flag Rnk 436 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $244M in Utility Meters, making it the 10th largest exporter of Utility Meters in the world. At the same year, Utility Meters was the 195th most exported product in Vietnam. The main destination of Utility Meters exports from Vietnam are: United States ($89.2M), Japan ($49.7M), China ($35.6M), Mexico ($32M), and Greece ($16.9M).

The fastest growing export markets for Utility Meters of Vietnam between 2021 and 2022 were United States ($22.4M), Greece ($15M), and Japan ($4.34M).

Imports In 2022, Vietnam imported $91.2M in Utility Meters, becoming the 23rd largest importer of Utility Meters in the world. At the same year, Utility Meters was the 436th most imported product in Vietnam. Vietnam imports Utility Meters primarily from: China ($60.5M), Indonesia ($9.76M), Malaysia ($6.1M), Japan ($2.91M), and Singapore ($1.42M).

The fastest growing import markets in Utility Meters for Vietnam between 2021 and 2022 were Indonesia ($2.96M), Malaysia ($2.66M), and France ($647k).

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 Utility Meters. 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)$244M
IMPORTS (2022)$91.2M
NET TRADE (2022)$153M

In 2022, Vietnam exported $244M in Utility Meters. The main destinations of Vietnam exports on Utility Meters were United States ($89.2M), Japan ($49.7M), China ($35.6M), Mexico ($32M), and Greece ($16.9M).

In 2022, Vietnam imported $91.2M in Utility Meters, mainly from China ($60.5M), Indonesia ($9.76M), Malaysia ($6.1M), Japan ($2.91M), and Singapore ($1.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Utility Meters EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$22.4M (33.6%)
Greece$15M (772%)
Japan$4.34M (9.56%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Utility Meters BY Vietnam WERE (2021 - 2022):
Hong Kong-$2.58M (-49.2%)
China-$2.41M (-6.34%)
Indonesia-$1.1M (-65.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Utility Meters by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $12.3M
TOP IMPORT POTENTIALChina+ $20.2M

Utility Meters’s highest export potential is China. With an export gap of $12.3M.   Utility Meters’s highest import potential is China with an import gap of $20.2M.

See methodology.

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