Vietnam Exports 2025: Top Products, Partners, and Trade Insights

In recent years, Vietnam has emerged as one of the fastest-growing economies in Asia and a critical link in the global supply chain. With its strategic location, competitive labor costs, strong trade agreements, and a rapidly expanding manufacturing base, the country has positioned itself as a global export powerhouse. The steady rise in Vietnam exports reflects not only the country’s manufacturing strength but also its integration into international markets through strategic trade partnerships.

According to recent Vietnam export data and Vietnam export customs data, the country’s total export value reached approximately $403.2 billion in 2024, marking a 6.4% increase compared to the previous year. This performance placed Vietnam among the top 25 exporters worldwide, highlighting its growing importance in global trade networks.

The momentum continued into 2025. Based on Vietnam shipment data, exports reached $102.8 billion in the first quarter of 2025, showing a 10.6% year-over-year increase. Total trade turnover for the same period stood at $202.5 billion, up 13.7%, with a trade surplus of $4.67 billion during the first five months of the year. These figures demonstrate the resilience and upward trajectory of Vietnam exports despite global uncertainties.

Structure of Vietnam’s Export Economy

Vietnam’s export success is largely driven by its manufacturing and processing industries, which account for nearly 88.7% of total exports. Foreign-invested enterprises (FDI) dominate the export landscape, contributing more than 72% of total shipments, while domestic companies account for the remaining share.

The country has become a major hub for electronics, textiles, machinery, and agricultural products. Its participation in trade agreements such as the CPTPP, EVFTA, and RCEP has further enhanced the competitiveness of Vietnam imports and exports by lowering tariffs and improving market access.

Electronics alone account for over 35% of Vietnam exports, followed by textiles and footwear at around 18%, machinery at 10%, agricultural products at 9%, and wood and furniture at 7%. This diversified export portfolio has enabled the country to withstand fluctuations in global demand.

Top 10 Vietnam Exports by HS Code

The structure of Vietnam exports reveals a strong focus on manufacturing, especially electronics and apparel. Based on recent Vietnam trade data, the top export categories include:

1. Electrical Machinery & Equipment (HS Code 85)

Valued at $121.7 billion, this sector represents nearly 29.5% of total exports. Smartphones, electronic components, and consumer electronics dominate this category, largely driven by multinational manufacturers.

2. Footwear (HS Code 64)

With exports worth $25.4 billion, Vietnam is a global leader in footwear manufacturing, supplying major brands across North America, Europe, and Asia.

3. Machinery & Mechanical Appliances (HS Code 84)

This sector generated $23.5 billion in export value, including engines, pumps, and industrial equipment.

4. Knit Apparel (HS Code 61)

Exports of knit garments reached $21.2 billion, reflecting strong demand for Vietnam’s textile products.

5. Non-Knit Apparel (HS Code 62)

Valued at $19.7 billion, this category includes jackets, suits, and other woven clothing.

6. Furniture and Bedding (HS Code 94)

Furniture exports reached $14.2 billion, driven by strong demand from the United States and Europe.

7. Fish and Seafood (HS Code 03)

Vietnam exported $9.8 billion worth of seafood, including shrimp, fish fillets, and squid.

8. Wood and Wood Articles (HS Code 44)

Exports in this sector totaled $6.5 billion, including plywood, timber products, and wooden furniture.

9. Coffee, Tea, and Spices (HS Code 09)

Valued at $5.6 billion, this category highlights Vietnam’s strength as a major agricultural exporter.

10. Rubber and Rubber Articles (HS Code 40)

This segment accounted for $4.3 billion in exports, including tires, gloves, and industrial rubber products.

Together, these categories represent the backbone of Vietnam exports, combining both industrial and agricultural strengths.

Vietnam Exports by Country: Top Trade Partners

A key factor behind the growth of Vietnam exports by country is the country’s diversified trade relationships. Vietnam maintains strong economic ties with major markets across North America, Asia, and Europe.

Based on recent Vietnam trade data, the top export destinations include:

1. United States – $113.9 billion (27.5%)

2. China – $60.7 billion (14.7%)

3. South Korea – $28.2 billion (6.8%)

4. Japan – $26.8 billion (6.5%)

5. Hong Kong – $20.1 billion (4.9%)

6. Germany – $14.7 billion (3.6%)

7. Netherlands – $10.3 billion (2.5%)

8. United Kingdom – $9.2 billion (2.2%)

9. Thailand – $8.8 billion (2.1%)

10. India – $7.5 billion (1.8%)

The United States remains the largest destination, particularly for electronics, furniture, textiles, and footwear. China follows as a major market for agricultural products, machinery, and intermediate goods.

The diversity in Vietnam exports by country reflects the country’s balanced approach to trade, reducing dependence on any single market while expanding opportunities across multiple regions.

Leading Export Companies in Vietnam

Several multinational and domestic companies drive the growth of Vietnam exports. Major exporters include:

• Samsung Group (Vietnam) – electronics and smartphones

• Intel Products Vietnam – semiconductors and chips

• LG Group – display panels and electronic components

• Foxconn Vietnam – electronics assembly

• VINATEX – garments and textiles

• Intimex Group – coffee exports

• Vinamilk – dairy products

Foreign-invested firms dominate the electronics sector, while Vietnamese companies remain strong in agriculture, textiles, and food products. This balance between domestic and foreign players supports the resilience of Vietnam imports and exports.

Vietnam Export Growth Over the Last Decade

Over the past decade, Vietnam exports have shown remarkable growth:

• 2014: $150.2 billion

• 2016: $176.6 billion

• 2018: $243.7 billion

• 2020: $281.4 billion

• 2022: $370.9 billion

• 2024: $403.2 billion

Despite a slight dip in 2023, the overall trend shows strong expansion. The steady increase in Vietnam export data reflects rising global demand and Vietnam’s growing role as a manufacturing hub.

Trade Policies and Tariff Impacts

Global trade policies continue to shape Vietnam exports. For instance:

• U.S. tariffs on steel and aluminum remain at 25%.

• Proposed tariffs on Vietnamese goods have created short-term uncertainty.

• Export surges have occurred ahead of potential tariff changes.

At the same time, free trade agreements provide a strong buffer. Agreements such as EVFTA and CPTPP allow tariff-free or reduced-tariff access to key markets, strengthening Vietnam exports by country across Europe and Asia.

Key Insights for Buyers and Suppliers

For Buyers

• Monitor price fluctuations in steel, coffee, and pepper due to tariff risks.

• Secure long-term contracts for textiles and furniture.

• Utilize FTA benefits for lower import costs.

For Suppliers

• Strengthen documentation to meet origin rules.

• Diversify into EU, ASEAN, and African markets.

• Invest in value-added manufacturing.

Access to reliable Vietnam export customs data and Vietnam shipment data helps businesses make informed decisions and identify new opportunities.

Outlook for Vietnam Exports in 2025

Forecasts suggest that Vietnam exports could grow 10–15% in 2025, potentially surpassing $450 billion. Key drivers include:

• Continued relocation of manufacturing from China.

• Strong demand for electronics and textiles.

• Expanding trade agreements.

However, challenges remain, including tariff risks, environmental regulations, and global economic volatility.

Still, Southeast Asia’s rising importance in global supply chains places Vietnam in a favorable position. With strong Vietnam trade data trends and consistent policy support, the country is expected to maintain its upward export trajectory.

Conclusion

Vietnam’s transformation into a global export powerhouse is one of the most notable economic stories of the past decade. From electronics and machinery to textiles and agricultural products, Vietnam exports continue to diversify and expand across major international markets.

The country’s strong trade partnerships, competitive manufacturing base, and participation in free trade agreements have fueled consistent growth in Vietnam exports by country. With reliable Vietnam export data, businesses can better understand market trends, identify opportunities, and strengthen their supply chains.

As global trade patterns evolve, Vietnam’s ability to adapt, diversify markets, and move up the value chain will determine the future trajectory of Vietnam imports and exports. If current trends continue, Vietnam is well positioned to become an even more influential player in the global trade landscape in the years ahead.