2022
Exports
$2.2MWorld Rnk 50 / 117
Flag Rnk 844 / 1176
2022
PRODUCT COMPLEXITY IN Whey and other milk products
0.4Rnk 408 / 1025
2022
Imports
$83.5MWorld Rnk 22 / 198
Flag Rnk 456 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $2.2M in Whey and other milk products, making it the 50th largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 844th most exported product in Vietnam. The main destination of Whey and other milk products exports from Vietnam are: Cambodia ($1.32M), Thailand ($636k), Laos ($123k), Singapore ($69.8k), and Burma ($42.4k).

The fastest growing export markets for Whey and other milk products of Vietnam between 2021 and 2022 were Thailand ($264k), Laos ($80.3k), and Cambodia ($76.6k).

Imports In 2022, Vietnam imported $83.5M in Whey and other milk products, becoming the 22nd largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 456th most imported product in Vietnam. Vietnam imports Whey and other milk products primarily from: United States ($34.1M), Poland ($7.09M), Spain ($6.88M), Lithuania ($4.91M), and Canada ($4.79M).

The fastest growing import markets in Whey and other milk products for Vietnam between 2021 and 2022 were Lithuania ($2.49M), Canada ($1.72M), and Poland ($1.29M).

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 Whey and other milk products. 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)$2.2M
IMPORTS (2022)$83.5M
NET TRADE (2022)-$81.3M

In 2022, Vietnam exported $2.2M in Whey and other milk products. The main destinations of Vietnam exports on Whey and other milk products were Cambodia ($1.32M), Thailand ($636k), Laos ($123k), Singapore ($69.8k), and Burma ($42.4k).

In 2022, Vietnam imported $83.5M in Whey and other milk products, mainly from United States ($34.1M), Poland ($7.09M), Spain ($6.88M), Lithuania ($4.91M), and Canada ($4.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Thailand$264k (70.9%)
Laos$80.3k (186%)
Cambodia$76.6k (6.17%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey and other milk products BY Vietnam WERE (2021 - 2022):
Philippines-$180k (-96.3%)
Burma-$52k (-55.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Whey and other milk products were:
In 2022, Vietnam's main importing competitors in Whey and other milk products were:

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALThailand+ $218k
TOP IMPORT POTENTIALGermany+ $2.23M

Whey and other milk products’s highest export potential is Thailand. With an export gap of $218k.   Whey and other milk products’s highest import potential is Germany with an import gap of $2.23M.

See methodology.

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