2023
Exports
$716kWorld Rnk 85 / 188
Flag Rnk 882 / 1173
2023
PRODUCT COMPLEXITY IN Wine
-1.07Rnk 849 / 1025
2023
Imports
$86.3MWorld Rnk 41 / 226
Flag Rnk 412 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $716k in Wine, making it the 85th largest exporter of Wine in the world. At the same year, Wine was the 882nd most exported product in Vietnam. The main destination of Wine exports from Vietnam are: Hong Kong ($674k), Japan ($20.7k), Philippines ($9.07k), Maldives ($3.06k), and Singapore ($2.54k).

The fastest growing export markets for Wine of Vietnam between 2022 and 2023 were Hong Kong ($645k), Japan ($9.93k), and Maldives ($3.06k).

Imports In 2023, Vietnam imported $86.3M in Wine, becoming the 41st largest importer of Wine in the world. At the same year, Wine was the 412th most imported product in Vietnam. Vietnam imports Wine primarily from: France ($22.5M), Italy ($17.6M), Hong Kong ($8.47M), Australia ($7.59M), and Singapore ($7.49M).

The fastest growing import markets in Wine for Vietnam between 2022 and 2023 were France ($14.6M), United Kingdom ($6.83M), and Hong Kong ($6.71M).

COMPANIES In 2024, leading companies such as LG Electronics (5) were at the forefront of shipping Wine from Vietnam to the United States.

Latest Trends

Dec 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 Wine. 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)$716k
IMPORTS (2023)$86.3M
NET TRADE (2023)-$85.6M

In 2023, Vietnam exported $716k in Wine. The main destinations of Vietnam exports on Wine were Hong Kong ($674k), Japan ($20.7k), Philippines ($9.07k), Maldives ($3.06k), and Singapore ($2.54k).

In 2023, Vietnam imported $86.3M in Wine, mainly from France ($22.5M), Italy ($17.6M), Hong Kong ($8.47M), Australia ($7.59M), and Singapore ($7.49M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Hong Kong$645k (2.25k%)
Japan$9.93k (92.4%)
Maldives$3.06k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Vietnam WERE (2022 - 2023):
France-$708k (-99.9%)
Laos-$29.2k (-100%)
China-$11.8k (-99.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Wine were:
France $13.6B
Italy $8.73B
Spain $3.78B
In 2023, Vietnam's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $217k
TOP IMPORT POTENTIALFrance+ $6.3M

Wine’s highest export potential is France. With an export gap of $217k.   Wine’s highest import potential is France with an import gap of $6.3M.

See methodology.

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