2022
Exports
$6.26MWorld Rnk 47 / 183
Flag Rnk 720 / 1176
2022
PRODUCT COMPLEXITY IN Vitamins
1.04Rnk 153 / 1025
2022
Imports
$176MWorld Rnk 19 / 212
Flag Rnk 299 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $6.26M in Vitamins, making it the 47th largest exporter of Vitamins in the world. At the same year, Vitamins was the 720th most exported product in Vietnam. The main destination of Vitamins exports from Vietnam are: Indonesia ($1.5M), China ($1.15M), Singapore ($925k), Cambodia ($763k), and Australia ($303k).

The fastest growing export markets for Vitamins of Vietnam between 2021 and 2022 were China ($973k), Singapore ($600k), and Australia ($229k).

Imports In 2022, Vietnam imported $176M in Vitamins, becoming the 19th largest importer of Vitamins in the world. At the same year, Vitamins was the 299th most imported product in Vietnam. Vietnam imports Vitamins primarily from: China ($77.8M), United States ($26M), Singapore ($12.8M), Germany ($12.5M), and Australia ($11.4M).

The fastest growing import markets in Vitamins for Vietnam between 2021 and 2022 were Germany ($4.58M), Netherlands ($4.04M), and United Kingdom ($3.86M).

COMPANIES In 2023, leading companies such as Home Depot (91), CITY Furniture (8), and LG Electronics (6) were at the forefront of shipping Vitamins 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 Vitamins. 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)$6.26M
IMPORTS (2022)$176M
NET TRADE (2022)-$170M

In 2022, Vietnam exported $6.26M in Vitamins. The main destinations of Vietnam exports on Vitamins were Indonesia ($1.5M), China ($1.15M), Singapore ($925k), Cambodia ($763k), and Australia ($303k).

In 2022, Vietnam imported $176M in Vitamins, mainly from China ($77.8M), United States ($26M), Singapore ($12.8M), Germany ($12.5M), and Australia ($11.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vitamins EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$973k (557%)
Singapore$600k (184%)
Australia$229k (309%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vitamins BY Vietnam WERE (2021 - 2022):
Thailand-$828k (-100%)
Belgium-$555k (-100%)
Indonesia-$380k (-20.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Vitamins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.56M
TOP IMPORT POTENTIALChina+ $29.6M

Vitamins’s highest export potential is China. With an export gap of $1.56M.   Vitamins’s highest import potential is China with an import gap of $29.6M.

See methodology.

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