2022
Exports
$129MWorld Rnk 12 / 167
Flag Rnk 272 / 1176
2022
PRODUCT COMPLEXITY IN Wheat Flours
-1.56Rnk 954 / 1025
2022
Imports
$7.93MWorld Rnk 99 / 222
Flag Rnk 879 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $129M in Wheat Flours, making it the 12th largest exporter of Wheat Flours in the world. At the same year, Wheat Flours was the 272nd most exported product in Vietnam. The main destination of Wheat Flours exports from Vietnam are: Thailand ($45M), Cambodia ($35.3M), Philippines ($17.8M), Hong Kong ($6.93M), and Laos ($6.72M).

The fastest growing export markets for Wheat Flours of Vietnam between 2021 and 2022 were Thailand ($15M), Philippines ($11.1M), and Cambodia ($7.38M).

Imports In 2022, Vietnam imported $7.93M in Wheat Flours, becoming the 99th largest importer of Wheat Flours in the world. At the same year, Wheat Flours was the 879th most imported product in Vietnam. Vietnam imports Wheat Flours primarily from: Japan ($6.36M), Singapore ($307k), United States ($232k), Thailand ($214k), and South Korea ($211k).

The fastest growing import markets in Wheat Flours for Vietnam between 2021 and 2022 were Japan ($1.22M), China ($72.9k), and South Korea ($16.5k).

COMPANIES In 2023, leading companies such as Walgreens (2) were at the forefront of shipping Wheat Flours from Vietnam to the United States.

Latest Trends

Sep 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 Wheat Flours. 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)$129M
IMPORTS (2022)$7.93M
NET TRADE (2022)$121M

In 2022, Vietnam exported $129M in Wheat Flours. The main destinations of Vietnam exports on Wheat Flours were Thailand ($45M), Cambodia ($35.3M), Philippines ($17.8M), Hong Kong ($6.93M), and Laos ($6.72M).

In 2022, Vietnam imported $7.93M in Wheat Flours, mainly from Japan ($6.36M), Singapore ($307k), United States ($232k), Thailand ($214k), and South Korea ($211k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat Flours EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Thailand$15M (50.1%)
Philippines$11.1M (168%)
Cambodia$7.38M (26.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat Flours BY Vietnam WERE (2021 - 2022):
Macau-$299k (-34.3%)
Netherlands-$151k (-44.5%)
France-$131k (-56.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wheat Flours by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.52M
TOP IMPORT POTENTIALIndia+ $244k

Wheat Flours’s highest export potential is China. With an export gap of $4.52M.   Wheat Flours’s highest import potential is India with an import gap of $244k.

See methodology.

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