11-Sep-2025
Key Points:
Did you know this? Vietnam's economy is lower-middle-income, and it is a developing nation. Due to the workforce and a strategic location, recent growth has been strong, with GDP increasing significantly in 2024 and forecasts indicating sustained expansion. Also, Vietnam is a major global trading nation that exports electronics, textiles, furniture, and shoes, with the US and China being Vietnam's biggest trade partners. To stay competitive, Vietnam is making investments in technological development and innovation, as well as transitioning to higher-value industries.
In this blog post, we will explore the list of major Vietnam trade partners, Vietnam's largest trading partners, Vietnam import export data, Vietnam export partners, vietnam trade statistics and ways to find the Vietnam importers list with accurate Import Export Data. So let's start from here.
With notable increases in both imports and exports, especially in electronics and machinery, due to a shift in manufacturing from China, Vietnam's trade saw robust growth in the early to mid-2025 period.
Vietnam's position as a major producer and consumer of intermediate goods for its production was highlighted by the fact that China was the top source of imports, and the United States and China were important trading partners for exports.
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Below is the table for the trade performance of Vietnam in 2025.
|
Vietnam imports and exports |
Vietnam import export data |
|
Total Trade Turnover |
$514.7 billion (first 7 months, +16.3% YoY); $470.63 billion (by mid-July) |
|
Total Exports |
$305.96 billion (through August, +14.8% YoY); $239.19 billion (by mid-July) |
|
Total Imports |
$252.26 billion (first 7 months, +17.9% YoY) |
|
Imports from China |
$117.93 billion (through August, +27% YoY) |
|
Major Vietnam trade partners |
USA, China, South Korea and Japan |
According to Vietnam import export data, Vietnam's trade reached $514.7 billion in the first seven months, an increase of 16.3% year-over-year. By mid-July, the value was even higher at $470.63 billion.
Through August, total exports reached $305.96 billion, a 14.8% increase from the previous year. Total exports reached $239.19 billion by the middle of July, as per Vietnam export data.
Based on Vietnam import data, Imports increased 17.9% year over year to a total of $252.26 billion in the first seven months. Through August, imports from China alone reached $117.93 billion, a 27% year-over-year increase.
According to Vietnam trade data, the Trade surplus saw a significant decline from the year before. Indicating increased demand for imports, the surplus for the first four months was $3.8 billion, a 58.2% drop from the same period in 2024. By the end of August, $3.72 billion was the surplus.
Below is the list of Vietnam’s largest trading partners:
|
Rank |
Biggest Vietnam Trade Partners |
Vietnam import export data (in USD) |
% of Total Trade |
|
1 |
USA |
$113.9 billion |
27.50% |
|
2 |
China |
$60.7 billion |
14.70% |
|
3 |
South Korea |
$28.2 billion |
6.80% |
|
4 |
Japan |
$26.8 billion |
6.50% |
|
5 |
Hong Kong |
$20.1 billion |
4.90% |
|
6 |
Germany |
$14.7 billion |
3.60% |
|
7 |
Netherlands |
$10.3 billion |
2.50% |
|
8 |
United Kingdom |
$9.2 billion |
2.20% |
|
9 |
Thailand |
$8.8 billion |
2.10% |
|
10 |
India |
$7.5 billion |
(1.8%) |
Now, analyse Vietnam's top trading partners in detail.
The US is one of the top Vietnam trade partners and Vietnam's biggest export destination and a sizable market for US goods like machinery and electronics, making the two countries close trading partners.
From less than $500 million in 1995 to over $100 billion in 2023—with recent data indicating exports of $94.6 billion in 2024—bilateral trade between the two countries has increased significantly.
Based on Vietnam trade data, Textiles, electronics, footwear, agriculture, machinery, and high-tech products are some of the main trade sectors.
While Vietnam is China's largest ASEAN trading partner, China is also Vietnam's largest trading partner and a major import supplier.
According to the WTO Centre report and Vietnam's General Department of Customs, bilateral trade between China and Vietnam hit a record high of $205.2 billion in 2024, although China claimed a higher amount of $260.65 billion.
According to Vietnam import export data, China is South Korea's top trading partner, followed by the United States in second place and Vietnam in third place.
Lee's choice to welcome Lam before any other leader may be interpreted as a show of support for Vietnam, another export-reliant nation that has been hit hard by U.S. President Donald Trump's tariffs.
With $94 billion in registered projects as of 2024, South Korea is the biggest foreign investor in Vietnam.
Although formal relations were established in 1973, trade between Japan and Vietnam increased significantly beginning in the 1990s, and by 1995, Japan was Vietnam's biggest trading partner.
With both countries enjoying the benefits of robust economic ties reinforced by accords such as the Vietnam-Japan Economic Partnership Agreement (VJEPA) and Japan's substantial investments in Vietnam, Japan is an important trading partner for Vietnam.
Based on Vietnam import export data, Vietnam's top exports to Japan are clothing and electronics, while Japan's top exports to Vietnam are iron goods and integrated circuits.
With $14.42 billion in total imports in 2024, Hong Kong ranks fifth among Vietnam's import partners. Vietnamese imports are facilitated by the financial centre, especially in the sectors of luxury goods and electronics.
According to Vietnam trade data, $14.4 billion in Hong Kong exports to Vietnam, up 28.7% yearly over the previous five years. Nonetheless, Vietnam exports $17.1 billion to Hong Kong, a 15.7% annual increase over the previous five years.
So, these are all Vietnam's largest trading partners. Now analyse the major exports and imports of Vietnam.
Vietnam exports a wide range of goods to nations around the world. The following is a list of the top Vietnamese exports with vietnam export statistics:
|
Sr. no |
Product description |
Vietnam export data |
|
1 |
Phones and Accessories |
$57.99 billion |
|
2 |
Computers and Electronic Products |
$55.54 billion |
|
3 |
Machinery and Equipment |
$45.75 billion |
|
4 |
Textiles and garments |
$37.57 billion |
|
5 |
Footwear |
$23.90 billion |
|
6 |
Wood and wooden products |
$16.01 billion |
|
7 |
Vehicles and spare parts |
$11.99 billion |
|
8 |
Seafood and fishery products |
$10.92 billion |
|
9 |
Iron and steel |
$7.99 billion |
|
10 |
Cameras, camcorders, and accessories |
$6.37 billion |
Electronics and technology, textiles and apparel, and footwear are the top commodities exported from Vietnam. The country has emerged as a key global manufacturing hub for electronic products and is a major exporter of textiles and footwear for international brands. To know the insights on Vietnam trade partners, Vietnam import and export data, Vietnam trade data, Vietnam's largest trading partners, Vietnam import export data or Vietnam customs data- visit our portal today.
Vietnam imports a wide range of goods from nations around the world. The following is a list of the top Vietnamese imports:
|
Sr. no. |
Product Description |
Vietnam import data |
|
1 |
Integrated circuits |
45.2 Billion USD |
|
2 |
Broadcasting equipment |
19.5 Billion USD |
|
3 |
Refined petroleum, coal, and other fuels |
24.2 billion USD |
|
4 |
Phones and components |
8.75 billion USD |
|
5 |
Footwear |
40 million USD |
|
6 |
Completely Built-Up Cars |
2.4 billion USD |
|
7 |
Computers, electronic products, and other components |
88 billion USD |
|
8 |
Iron and steel |
15.78 billion USD |
|
9 |
Wheat, corn, soybeans, and animal feed |
10.55 billion USD |
|
10 |
Cotton, textile fibres, fabrics, and other raw materials for the garment and shoe industry |
21.4 billion USD |
According to 2024 data, Vietnam's top imported commodities are electrical machinery, industrial machinery, and mineral fuels. The imports primarily serve Vietnam's robust electronics manufacturing and textile industries, which rely on foreign components and raw materials. Get statistics on Vietnam exports by Country, import from vietnam to India and Vietnam trade statistics today.
There are many challenges in locating Vietnamese importers or buyers worldwide, but the ExportImportData portal is the best Import Export Data Provider. This platform is a one-stop shop for analysing global shipment data, Vietnam trade partners, Vietnam export partners, Vietnam import export data, Vietnam's largest trading partners, HS Codes, and much more.
Because our data-friendly platform has a wealth of information from India to the USA, you can trust it. You can also obtain Vietnam trade data, product-specific HSN codes, buyers' and suppliers' lists, destination ports, and other shipment details.
Therefore, the most important trading partners for Vietnam are listed above, and they all contribute to the country's increased economic stability. Especially in the areas of electronics, textiles, and footwear, Vietnam will remain a major centre for manufacturing and exports.
By extending its network of Free Trade Agreements (FTAs) to areas like the Middle East and Latin America, the nation is aggressively pursuing a strategy of market diversification to lessen dependency on any one partner.
Don't wait too long if you're a trader hoping to grow your company in a foreign market, because our portal provides you with complete import-export information, including a list of top Vietnam trade partners, Vietnam customs statistics, Indian Export Import Data and Vietnam import-export statistics. Reach out to us right now. I hope you have great trading!
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Based on Vietnam trade data, the largest trading partners are the USA, China, South Korea, Japan and Hong Kong.
As per Vietnam export data, the main exports of Vietnam are electrical machinery and equipment, with phones and accessories being the largest component.
The main imports of Vietnam are electronics and integrated circuits, machinery and equipment, textiles (including fabrics and apparel), plastics, mineral fuels (such as refined petroleum and coal), and vehicles.
Based on Vietnam import data, Vietnam's 2025 imports showed significant growth in the first half of the year, reaching a total value of $99.68 billion in Q1.
The biggest importer to Vietnam is China, accounting for a significant portion of Vietnam's total import value, with figures like $138.22 billion in 2024.
India imports several commodities from Vietnam, including electronic and electrical equipment, machinery, and iron and steel.
Vietnam’s largest export partner is the United States, accounting for approximately 27.5% of Vietnam's exports in 2024.
Vietnam's total trade turnover was approximately US$470.63 billion by mid-July 2025, with exports reaching $239.19 billion and imports at $231.44 billion.
