T3 · Product exporter position

Viet Nam exports of Machines: parts and accessories of machines of heading no. 8447 or auxiliary machinery, sinkers, needles and other articles used in forming stitches (HS 844851)

See where Viet Nam stands in machines: parts and accessories of machines of heading no. 8447 or auxiliary machinery, sinkers, needles and other articles used in forming stitches: export scale, destination breadth, market position, growth, and reported trade history.

Exporter VNMHS6 844851Latest year 2024Stable

Latest exports

$42.4MLatest observed lane total

Destination markets

54Reported active markets

Three-year growth

+2.6%Annualized change

Destination HHI

3,392Destination concentration

Weighted share

14.1%Reported market position

Exporter evidence

How strong is Viet Nam in Machines: parts and accessories of machines of heading no. 8447 or auxiliary machinery, sinkers, needles and other articles used in forming stitches?

Reported exporter totals and calculated indicators for HS 844851. Values retain their observed coverage period.

Exporter scale

Latest exports$42.4M
Current 2024 exports$42.3M
Three-year average$40.1M
Historical peak$60.8M

Market position

Active destinations54
Destination HHI3,392
Weighted share14.1%
Share change-0.2 pp

Competitiveness

Three-year growth+2.6%
Volatility0.8
Maximum drawdown84.5%
TrendStable
MeasureValueWhat it describes
ExporterViet NamCountry represented by this profile
Latest observed exports$42.4MSum of latest observed destination-lane values
Current 2024 exports$42.3MCommon-year comparison where reported
Three-year growth+2.6%Annualized change in exporter totals
Five-year growth+1.6%Annualized change in exporter totals
Leading destinationSGPDestination with the largest observed export value
Leading destination share55.1%Share of observed exporter totals
Destination concentration3,392HHI across destination markets
Weighted share change-0.2 ppValue-weighted latest change in market share
Limited-history lanes36.1%Share of lanes with shorter history

Destination markets

Where does Viet Nam sell machines: parts and accessories of machines of heading no. 8447 or auxiliary machinery, sinkers, needles and other articles used in forming stitches?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Singapore$23.3M16.5%+1%FTA reportedAccelerating
China$6.1M6%-7.2%FTA reportedAccelerating
Japan$3.3M18%+13.5%FTA reportedAccelerating
India$3.1M12%+442.7%FTA reportedAccelerating
Turkey$2.0M5.9%+0.1%0.1% tariffAccelerating
Brazil$733.6K4.3%-1.4%0.3% tariffAccelerating
Republic of Korea$446.9K4%-8.3%FTA reportedGrowing

Destination

Singapore

Latest exports
$23.3M
Market share
16.5%
Growth
+1%
Access
FTA reported
Signal
Accelerating

Destination

China

Latest exports
$6.1M
Market share
6%
Growth
-7.2%
Access
FTA reported
Signal
Accelerating

Destination

Japan

Latest exports
$3.3M
Market share
18%
Growth
+13.5%
Access
FTA reported
Signal
Accelerating

Destination

India

Latest exports
$3.1M
Market share
12%
Growth
+442.7%
Access
FTA reported
Signal
Accelerating

Destination

Turkey

Latest exports
$2.0M
Market share
5.9%
Growth
+0.1%
Access
0.1% tariff
Signal
Accelerating

Destination

Brazil

Latest exports
$733.6K
Market share
4.3%
Growth
-1.4%
Access
0.3% tariff
Signal
Accelerating

Destination

Republic of Korea

Latest exports
$446.9K
Market share
4%
Growth
-8.3%
Access
FTA reported
Signal
Growing

Price intelligence

How does Viet Nam's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Algeria: $1.6M / ton.

Lowest reported price

Bolivia: $318.6 / ton.

Median price

$310.9K / ton across reported markets.

Export trend

Reported export history

Annual observations for Viet Nam and HS 844851 where available.

YearExportsYear-on-year changeActive destinations
2010$5.6M+150.5%11
2011$18.0M+221.4%20
2012$15.6M-13.4%31
2013$23.8M+52.5%40
2014$29.3M+23.1%38
2015$26.2M-10.4%40
2016$27.1M+3.2%41
2017$26.9M-0.7%46
2018$34.4M+27.7%45
2019$39.1M+13.7%55
2020$32.4M-17%52
2021$39.2M+20.7%53
2022$38.3M-2.2%53
2023$39.7M+3.8%58
2024$42.3M+6.3%54

Exporter context

Viet Nam economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 844851.

Viet Nam has reported exports of $450.9B and a trade balance of $69.7B in 2024.

Available structural indicators include 301.9% trade openness, 32.5% investment, and 1,080 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about Viet Nam machines: parts and accessories of machines of heading no. 8447 or auxiliary machinery, sinkers, needles and other articles used in forming stitches exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.