2022
Exports
$22.3MWorld Rnk 29 / 177
Flag Rnk 534 / 1176
2022
PRODUCT COMPLEXITY IN Milling Stones
1.24Rnk 102 / 1025
2022
Imports
$129MWorld Rnk 11 / 220
Flag Rnk 361 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $22.3M in Milling Stones, making it the 29th largest exporter of Milling Stones in the world. At the same year, Milling Stones was the 534th most exported product in Vietnam. The main destination of Milling Stones exports from Vietnam are: United States ($6.71M), Japan ($4.17M), Chinese Taipei ($2.3M), Germany ($2.1M), and China ($1.24M).

The fastest growing export markets for Milling Stones of Vietnam between 2021 and 2022 were United States ($2.24M), Japan ($328k), and Canada ($219k).

Imports In 2022, Vietnam imported $129M in Milling Stones, becoming the 11th largest importer of Milling Stones in the world. At the same year, Milling Stones was the 361st most imported product in Vietnam. Vietnam imports Milling Stones primarily from: China ($90.4M), Japan ($11.7M), South Korea ($7.49M), Italy ($5.4M), and Chinese Taipei ($4.19M).

The fastest growing import markets in Milling Stones for Vietnam between 2021 and 2022 were China ($7.15M), South Korea ($432k), and India ($275k).

COMPANIES In 2023, leading companies such as Bedrosians Tile & Stone (16), At Home Procurement (3), and Stanley Black & Decker (2) were at the forefront of shipping Milling Stones 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 Milling Stones. 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)$22.3M
IMPORTS (2022)$129M
NET TRADE (2022)-$107M

In 2022, Vietnam exported $22.3M in Milling Stones. The main destinations of Vietnam exports on Milling Stones were United States ($6.71M), Japan ($4.17M), Chinese Taipei ($2.3M), Germany ($2.1M), and China ($1.24M).

In 2022, Vietnam imported $129M in Milling Stones, mainly from China ($90.4M), Japan ($11.7M), South Korea ($7.49M), Italy ($5.4M), and Chinese Taipei ($4.19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Milling Stones EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$2.24M (50%)
Japan$328k (8.55%)
Canada$219k (485%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milling Stones BY Vietnam WERE (2021 - 2022):
Germany-$2.12M (-50.2%)
China-$1.89M (-60.3%)
Poland-$368k (-65.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Milling Stones by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $2.4M
TOP IMPORT POTENTIALChina+ $14.3M

Milling Stones’s highest export potential is China. With an export gap of $2.4M.   Milling Stones’s highest import potential is China with an import gap of $14.3M.

See methodology.

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