2022
Exports
$2.1kWorld Rnk 91 / 109
Flag Rnk 1158 / 1176
falsefalse Denmark
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$512kWorld Rnk 50 / 137
Flag Rnk 1126 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $2.1k in Wool, making it the 91st largest exporter of Wool in the world. At the same year, Wool was the 1158th most exported product in Vietnam. The main destination of Wool exports from Vietnam are: Denmark ($1.96k), Sweden ($95), and Belgium ($45).

The fastest growing export markets for Wool of Vietnam between 2021 and 2022 were Denmark ($1.96k), Sweden ($95), and Belgium ($45).

Imports In 2022, Vietnam imported $512k in Wool, becoming the 50th largest importer of Wool in the world. At the same year, Wool was the 1126th most imported product in Vietnam. Vietnam imports Wool primarily from: Italy ($267k), Australia ($126k), China ($111k), and Norway ($8.34k).

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 Wool. 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)$2.1k
IMPORTS (2022)$512k
NET TRADE (2022)-$510k

In 2022, Vietnam exported $2.1k in Wool. The main destinations of Vietnam exports on Wool were Denmark ($1.96k), Sweden ($95), and Belgium ($45).

In 2022, Vietnam imported $512k in Wool, mainly from Italy ($267k), Australia ($126k), China ($111k), and Norway ($8.34k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Denmark$1.96k (1%)
Sweden$95 (1%)
Belgium$45 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Vietnam WERE (2021 - 2022):
Sri Lanka-$44.3k (-100%)
Malaysia-$11.6k (-100%)
Switzerland-$338 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Wool were:
In 2022, Vietnam's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.34k
TOP IMPORT POTENTIALAustralia+ $174k

Wool’s highest export potential is China. With an export gap of $1.34k.   Wool’s highest import potential is Australia with an import gap of $174k.

See methodology.

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