In recent years, Vietnam exports have seen an impressive rise, positioning the country as a major force in global trade. With a strong manufacturing backbone, competitive labor costs, and favorable trade agreements, Vietnam continues to attract multinational corporations and global buyers alike. According to the latest Vietnam export data, the total value of Vietnam’s exports reached $403.2 billion in 2024, marking a 6.4% growth over the previous year. This momentum has continued into 2025, with first-quarter exports totaling $102.8 billion, a 10.6% increase year-over-year.
This article offers a comprehensive overview of top Vietnam exports, key trade partners, and leading exporters shaping the country’s booming economy. Backed by insights from VietnamExportData, we break down the major sectors and forecast what lies ahead in 2025.
Vietnam Export Performance in 2024–2025: A Rapidly Rising Trade Power
Vietnam's export landscape has undergone significant transformation over the last decade. From $150 billion in 2014 to over $403 billion in 2024, the export sector has been the cornerstone of the country’s economic success. Vietnam customs data shows that in the first quarter of 2025, Vietnam recorded a trade surplus of $4.67 billion, with total trade turnover hitting $202.5 billion—a 13.7% year-over-year increase.
What’s fueling this momentum? The answer lies in a combination of high-tech manufacturing, increased foreign direct investment (FDI), and Vietnam’s ability to diversify its trade partnerships.
Top Vietnam Exports by HS Code: Products That Power the Economy
Vietnam exports are diverse and dominated by a few key sectors. The top 10 export categories for 2024–2025 based on VietnamExportData and customs shipment records are:
1. Electrical Machinery & Equipment (HS Code 85) – $121.7 Billion
Electronics remain the backbone of Vietnam’s exports, driven by global giants like Samsung, LG, and Intel. This category alone accounts for 29.5% of total exports, with products ranging from smartphones to semiconductors.
2. Footwear (HS Code 64) – $25.4 Billion
Vietnam is a leading global supplier of footwear, exporting to markets like the U.S., EU, and Japan. The sector contributes over 6.1% of export value.
3. Machinery & Mechanical Appliances (HS Code 84) – $23.5 Billion
This includes agricultural machines, motors, and industrial equipment—showing Vietnam’s shift towards middle-tech manufacturing.
4. & 5. Apparel (Knit & Non-Knit, HS Codes 61 & 62) – $40.9 Billion Combined
Vietnam is the second-largest textile exporter in the world, and knit/non-knit garments remain top earners.
6. Furniture and Bedding (HS Code 94) – $14.2 Billion
Supported by robust FDI and local craftsmanship, Vietnam's furniture industry services global brands like IKEA.
7. Fish and Seafood (HS Code 03) – $9.8 Billion
Vietnam exports shrimp, squid, and fish fillets across Asia, Europe, and North America.
8. Wood and Wood Articles (HS Code 44) – $6.5 Billion
Wooden furniture and processed wood products remain high in demand.
9. Coffee, Tea, and Spices (HS Code 09) – $5.6 Billion
Vietnam is the second-largest coffee exporter globally, with robust shipments to the EU and U.S.
10. Rubber and Articles (HS Code 40) – $4.3 Billion
Exported mainly to Asia and Europe, rubber products such as tires and gloves support the automotive and healthcare industries.
Vietnam’s Key Export Markets in 2025: Top Trade Partners by Country
Vietnam’s export success hinges on its strong international relationships. Here are the top 10 trade partners based on 2024–2025 data:
|
Country |
Export Value ($B) |
% Share |
|
USA |
113.9 |
27.5% |
|
China |
60.7 |
14.7% |
|
South Korea |
28.2 |
6.8% |
|
Japan |
26.8 |
6.5% |
|
Hong Kong |
20.1 |
4.9% |
|
Germany |
14.7 |
3.6% |
|
Netherlands |
10.3 |
2.5% |
|
UK |
9.2 |
2.2% |
|
Thailand |
8.8 |
2.1% |
|
India |
7.5 |
1.8% |
The U.S. continues to be Vietnam’s largest export destination, especially for electronics and garments. Meanwhile, China and South Korea serve as key buyers and also as essential links in the global supply chain.
Leading Exporters in Vietnam: Who’s Driving the Trade?
Vietnam’s export ecosystem features both multinational corporations and homegrown enterprises. According to Vietnam Import Export Data, these are the top Vietnam exporters in 2025:
Samsung Group (Vietnam) – $65 Billion
Leading exports: Smartphones, TVs, displays
Markets: USA, EU, Asia
Intel Products Vietnam – $12.9 Billion
Leading exports: Semiconductors, chips
Markets: USA, Europe
LG Group – $8.2 Billion
Leading exports: OLED panels, components
Markets: Global OEMs
NatSteelVina – $8 Billion
Steel products for regional infrastructure
Foxconn Vietnam – $4.5 Billion
Electronics assembly for Apple and others
Vietnamese-owned companies like VinGroup, VINATEX, Vinamilk, and Intimex are also rising stars in agriculture, textiles, and food exports.
Tariff Risks and Global Trade Policy: What Buyers and Suppliers Need to Know
In 2025, Vietnam faces both opportunities and challenges on the trade front:
-
Tariffs: U.S. Section 232 tariffs (25% on steel/aluminum), and proposed 46% tariffs on Vietnamese goods are paused until July 2025.
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Environmental regulations: EU’s deforestation rules and CBAM could impact wood and metal exports.
-
Free Trade Agreements (FTAs): Vietnam continues to benefit from CPTPP, EVFTA, and RCEP—enhancing its market access across Asia and Europe.
Buyers should:
-
Secure long-term contracts amid tariff volatility
-
Leverage Vietnam’s FTA network for reduced duties
Suppliers should:
-
Diversify markets beyond the U.S.
-
Invest in value-added manufacturing and local raw materials
-
Strengthen origin traceability and export documentation
2025 Forecast: The Future of Vietnam Exports
With a projected export value exceeding $450 billion by the end of 2025, Vietnam remains on a growth trajectory. The country is emerging as a strategic alternative in the U.S.–China trade decoupling, with electronics and textiles leading the charge.
But growth is not without risks. Trade friction, regulatory shifts, and raw material dependencies could affect specific sectors like steel, wood, and agriculture.
Still, Vietnam’s adaptability, strong FDI inflows, and proactive trade diplomacy suggest that its export future remains bright.
Conclusion
From electronics to coffee, Vietnam exports reflect a diverse, fast-evolving economy with global appeal. Backed by strategic partners like the U.S., China, and the EU and powered by top exporters like Samsung, Intel, and VinGroup—Vietnam has firmly established itself as a manufacturing powerhouse.
As the world watches Vietnam’s ascent, businesses would do well to stay informed and engaged. Whether you're a buyer sourcing goods or a supplier expanding reach, VietnamExportData offers essential tools to explore top Vietnam exports, shipment records, and verified exporter lists.
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