2022
Exports
$177MWorld Rnk 7 / 197
Flag Rnk 234 / 1176
2022
PRODUCT COMPLEXITY IN Other Headwear
0.5Rnk 367 / 1025
2022
Imports
$34.4MWorld Rnk 36 / 225
Flag Rnk 626 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $177M in Other Headwear, making it the 7th largest exporter of Other Headwear in the world. At the same year, Other Headwear was the 234th most exported product in Vietnam. The main destination of Other Headwear exports from Vietnam are: United States ($59.1M), France ($18.4M), Netherlands ($16.4M), Canada ($9.61M), and Nigeria ($9.09M).

The fastest growing export markets for Other Headwear of Vietnam between 2021 and 2022 were United States ($12.3M), Belgium ($6.43M), and France ($5.37M).

Imports In 2022, Vietnam imported $34.4M in Other Headwear, becoming the 36th largest importer of Other Headwear in the world. At the same year, Other Headwear was the 626th most imported product in Vietnam. Vietnam imports Other Headwear primarily from: China ($29.5M), South Korea ($1.72M), Indonesia ($1.33M), United States ($531k), and France ($188k).

The fastest growing import markets in Other Headwear for Vietnam between 2021 and 2022 were China ($13.1M), South Korea ($1.13M), and Indonesia ($873k).

COMPANIES In 2023, leading companies such as REI (Recreational Equipment Incorporated) (1) and Helly Hansen (1) were at the forefront of shipping Other Headwear 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 Other Headwear. 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)$177M
IMPORTS (2022)$34.4M
NET TRADE (2022)$142M

In 2022, Vietnam exported $177M in Other Headwear. The main destinations of Vietnam exports on Other Headwear were United States ($59.1M), France ($18.4M), Netherlands ($16.4M), Canada ($9.61M), and Nigeria ($9.09M).

In 2022, Vietnam imported $34.4M in Other Headwear, mainly from China ($29.5M), South Korea ($1.72M), Indonesia ($1.33M), United States ($531k), and France ($188k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Headwear EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$12.3M (26.3%)
Belgium$6.43M (279%)
France$5.37M (41.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Headwear BY Vietnam WERE (2021 - 2022):
Nigeria-$7.15M (-44%)
Poland-$1.4M (-39.3%)
Honduras-$1.27M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Other Headwear were:
China $2.77B
Italy $287M
In 2022, Vietnam's main importing competitors in Other Headwear were:

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Trade Value of Other Headwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.14M
TOP IMPORT POTENTIALChina+ $11.7M

Other Headwear’s highest export potential is Germany. With an export gap of $4.14M.   Other Headwear’s highest import potential is China with an import gap of $11.7M.

See methodology.

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