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Market Overview
Country of origin
Destination
Norway
Vietnam
Est. Order Value
250.000 USD
Est. Order Value
250.000 USD
Product requirements document
For Norway
For vietnam
For Norway
Domestic Requirements
Domestic Requirements - This group of regulatory measures includes regulations applied by the exporting country putting in place minimum quality standards, prohibiting or limiting the export of certain products to protect domestic supply, as well as controlling the prices and distribution channels for certain products.
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Domestic Requirements
For vietnam
Product Requirements
Product Requirements - This group of product-specific regulatory measures includes regulations related to permitted substances in the production process and technical specifications of the product to protect consumer health and safety.
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Product Requirements
Market Conditions
Market Conditions - This group of regulatory measures includes mainly market-specific regulations such as safeguard measures, importer registration, and authorization requirements, financial restrictions, licensing restrictions and quotas, and import bans for reasons beyond SPS and TBT reasons.
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Market Conditions
Pre-shipment & Inspections
Pre-shipment & Inspection - This group of regulatory measures includes labeling requirements, testing, conformity assessment, and certification procedures, as well as customs inspection procedures related regulations.
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Pre-shipment & Inspections
Domestic Requirements
Product Regulations
Market Requirements
Preshipment Certifications
Market Ranking
Market size
Market size - Forecasted market size based on historical data over the last 5 years.
Transportation
Transportation - Distance between original and destination country
The country with the highest score supports variable of transportation with the shortest distance.
The country with the highest score supports variable of transportation with the shortest distance.
Free Trade Agreement?
Free trade agreement? - The countries that have Free Trade Agreement earns the score of 10.
Average GDP growth
Average GDP growth - Forecasted GDP (Gross Domestic Product) growth based on historical data over the last 5 years. The higher the score, the higher the GDP growth rate.
Border compliance cost
Border compliance cost - The cost for customs clearance and inspection procedures conducted by other government agencies. The higher the score, the higher the cost you have to pay.
Border compliance time
Border compliance time - The time for customs clearance and inspection procedures conducted by other government agencies. The higher the score, the higher the processing time.
Documentary compliance cost
Documentary compliance cost - The cost of the total burden of preparing the bundle of documents that will enable completion of the international trade. The higher the score, the higher the burden.
Document compliance processing time
Document compliance processing time - The time of the total burden of preparing the bundle of documents that will enable completion of the international trade. The higher the score, the higher the burden.
Corruption level
Corruption level - Corruption level in the destination country according to WorldBank. The higher the scores, the lower the corruption level.
Duties & taxes
Duties & taxes - How many % of taxes you have to pay when trading in the destination country.
Exchange rates & inflation
Exchange rates & inflation - Exchange rates & inflation in destination country according to IMF (International Monetary Fund). The lower the scores, the less the prices change year-over-year.
Purchasing power index
Purchasing power index - Purchasing power index refers to the amount of goods or services that a certain amount of money can buy at a given time. The higher the scores, the higher the buying power.
GDP per capita
Ease of doing business
Ease of doing business - A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm. The higher the scores, the higher ease of doing business.
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Market Ranking compare
Market size
Market size - Forecasted market size based on historical data over the last 5 years.
Transportation
Transportation - Distance between original and destination country
The country with the highest score supports variable of transportation with the shortest distance.
The country with the highest score supports variable of transportation with the shortest distance.
Free Trade Agreement?
Free trade agreement? - The countries that have Free Trade Agreement earns the score of 10.
Average GDP growth
Average GDP growth - Forecasted GDP (Gross Domestic Product) growth based on historical data over the last 5 years. The higher the score, the higher the GDP growth rate.
Border compliance cost
Border compliance cost - The cost for customs clearance and inspection procedures conducted by other government agencies. The higher the score, the higher the cost you have to pay.
Border compliance time
Border compliance time - The time for customs clearance and inspection procedures conducted by other government agencies. The higher the score, the higher the processing time.
Documentary compliance cost
Documentary compliance cost - The cost of the total burden of preparing the bundle of documents that will enable completion of the international trade. The higher the score, the higher the burden.
Document compliance processing time
Document compliance processing time - The time of the total burden of preparing the bundle of documents that will enable completion of the international trade. The higher the score, the higher the burden.
Corruption level
Corruption level - Corruption level in the destination country according to WorldBank. The higher the scores, the lower the corruption level.
Duties & taxes
Duties & taxes - How many % of taxes you have to pay when trading in the destination country.
Exchange rates & inflation
Exchange rates & inflation - Exchange rates & inflation in destination country according to IMF (International Monetary Fund). The higher the scores, the less the prices change year-over-year.
Purchasing power index
Purchasing power index - Purchasing power index refers to the amount of goods or services that a certain amount of money can buy at a given time. The higher the scores, the higher the buying power.
GDP per capita
Ease of doing business
Ease of doing business - A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm. The higher the scores, the higher ease of doing business.
What you need to know before exporting to
Total Imports
Total Imports - Value of imports from all suppliers to this market for the last available year.
USD 20.5 mn
of global imports by Viet Nam for 030313
Rank in Global Imports
Rank in Global Imports - Rank of importer based on the value of last available annual imports relative to all importers of this product.
12
Viet Nam's rank in global imports for 030313.
Market perspective for
Import Growth
Import Growth - A simple average rate of growth of value imported from partner calculated over a period.
-28%
Viet Nam's import growth from Norway for 030313 (from 2015 to 2019)
Export Potential
Export Potential - A benchmark dollar value reflecting the total estimated potential exports in the next three years based on expected growth in supply and demand and relative market access conditions.
USD 15 mn
Estimated total export value by 2024
market statistics
Market Opportunity
Untapped Potential
Actual Exports
Total Export Potential
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