Vietnam has rapidly evolved into one of Asia’s most dynamic economies, establishing itself as a global manufacturing and export powerhouse. Backed by competitive labor costs, strong FDI inflows, a strategic geographic location, and continuously expanding industrial capabilities, the country has strengthened its position in global value chains. According to recent Vietnam export customs data, the total value of Vietnam exports reached $403.2 billion in 2024, showing a 6.4% year-on-year increase. With this, Vietnam now ranks as the 21st largest exporter globally, as indicated by global trade datasets.
In the first quarter of 2025 alone, Vietnam shipment data confirms export earnings of $102.8 billion, representing a 10.6% YoY rise. Meanwhile, total trade turnover surged to $202.5 billion, demonstrating the resilience and upward trajectory of the Vietnamese economy. A trade surplus of $4.67 billion during the first five months of 2025 underscores the strong performance of Vietnam exports despite ongoing global market uncertainties.
This comprehensive guide explores Vietnam main exports, the top exporters, key Vietnam trade partners, top exported HS codes, and historical trade data. Businesses, importers, analysts, and researchers can use this article to understand the country’s evolving trade landscape in 2025.
Vietnam’s Main Export Products: Top 10 Export Categories by HS Code
Vietnam is globally recognized for its diverse export portfolio. The last decade has seen the country transition from agricultural dependence to becoming a major supplier of electronics, high-tech components, textiles, and furniture. Below is a detailed look at the top Vietnam exports by HS code in 2024–25, as per the Vietnam export customs data.
1. Electrical Machinery & Equipment (HS Code 85) – $121.7 Billion
Topping the chart, this category accounts for 29.5% of total Vietnam exports. Major contributors include Samsung, Intel, LG, Apple suppliers, and various electronics manufacturers. Exported items include smartphones, chips, integrated circuits, home appliances, and other electronic devices.
With FDI-led manufacturing dominating this segment, electronics remain the backbone of Vietnam’s export success.
2. Footwear (HS Code 64) – $25.4 Billion
As one of the world’s largest footwear producers, Vietnam exports billions of dollars’ worth of sports shoes, leather footwear, sandals, and fashion footwear. Nike, Adidas, and Puma heavily rely on Vietnamese production facilities, reflecting the country’s strong competitiveness in labor-intensive sectors.
3. Machinery & Mechanical Appliances (HS Code 84) – $23.5 Billion
Representing 5.7% of Vietnam exports, this category includes industrial machinery, engines, generators, pumps, and electrical components. Increasing investment in industrial automation and precision manufacturing has strengthened this export segment.
4. Knit Apparel (HS Code 61) – $21.2 Billion
Vietnam is a global apparel hub, with knitwear contributing 5.1% of total exports. Products range from sweaters and T-shirts to activewear and underwear. High labor productivity and preferential trade agreements help boost competitiveness.
5. Non-Knit Apparel (HS Code 62) – $19.7 Billion
This includes suits, jackets, trousers, skirts, and uniforms. Vietnam is now the second-largest garment exporter globally, supported by large domestic firms like Vinatex and major FDI manufacturers.
6. Furniture & Bedding (HS Code 94) – $14.2 Billion
Vietnam has emerged as a global wooden furniture manufacturing hub, exporting to the U.S. and Europe. IKEA and major furniture retailers source massively from Vietnamese plants.
7. Fish & Seafood (HS Code 03) – $9.8 Billion
Seafood exports—especially shrimp, pangasius fish, tuna, and squid—remain vital. Strict quality controls and modern processing make Vietnam one of the top seafood exporters worldwide.
8. Wood & Wood Articles (HS Code 44) – $6.5 Billion
Vietnam exports high-quality wooden raw materials, plywood, boards, and furniture components. This sector faces increasing sustainability and deforestation compliance challenges from the EU, making traceability essential.
9. Coffee, Tea & Spices (HS Code 09) – $5.6 Billion
Vietnam is the second-largest exporter of coffee globally, especially Robusta beans. Pepper, cinnamon, and tea also contribute substantially to Vietnam main exports.
10. Rubber & Rubber Articles (HS Code 40) – $4.3 Billion
This includes tires, gloves, rubber sheets, and industrial rubber goods. Increasing global demand for automotive parts boosts this segment.
Vietnam Exports by Country: Top 10 Vietnam Trade Partners
With an increasingly diversified global trade network, Vietnam exports by country reveal strong partnerships with major economies. Below are the top Vietnam trade partners as per 2024–25 Vietnam shipment data.
1. United States – $113.9 Billion (27.5%)
The U.S. remains Vietnam’s largest export market. Major exports include electronics, garments, furniture, and seafood. Despite tariff uncertainties, the U.S.-Vietnam trade corridor continues to expand rapidly.
2. China – $60.7 Billion (14.7%)
Although China is Vietnam’s top import source, it also ranks high as an export destination. Key exports include agricultural products, electronics, and machinery.
3. South Korea – $28.2 Billion (6.8%)
With strong FDI ties, especially in electronics, Vietnam exports chips, machinery, textiles, and components to South Korea.
4. Japan – $26.8 Billion (6.5%)
Japan imports seafood, machinery, electronics, and textiles. Long-standing diplomatic ties support stable trade flows.
5. Hong Kong – $20.1 Billion (4.9%)
Hong Kong serves as a re-export hub for electronics and textile exports from Vietnam.
6. Germany – $14.7 Billion (3.6%)
Vietnam’s top EU market for machinery, electronics, footwear, coffee, and garments.
7. Netherlands – $10.3 Billion (2.5%)
A major entry point for Vietnamese products into the EU market.
8. United Kingdom – $9.2 Billion (2.2%)
UK-Vietnam trade is growing post-Brexit, particularly in apparel, footwear, and tech products.
9. Thailand – $8.8 Billion (2.1%)
Vietnam exports agricultural goods, electronics, machinery, and minerals to Thailand.
10. India – $7.5 Billion (1.8%)
Vietnam exports textiles, coffee, seafood, and electronic components to India, with bilateral trade expanding every year.
Top Vietnam Exporters in 2025: Leading Companies Driving Growth
Based on Vietnam Exporters Database insights, several major multinational and domestic firms dominate Vietnam exports. Below is the ranking based on approximate 2024–25 export values:
1. Samsung Group Vietnam – $65 Billion
Exports: smartphones, TVs, displays
Markets: U.S., EU, Asia
Samsung alone accounts for nearly 1/6th of total Vietnam exports.
2. Intel Products Vietnam – $12.9 Billion
Exports: semiconductors, electronic chips
Intel’s factory in Ho Chi Minh City is one of its largest globally.
3. LG Group – $8.2 Billion
Exports: displays, electronic components
Serves global telecom and electronics manufacturers.
4. NatSteelVina – $8 Billion
Exports: construction-grade steel products
A major supplier to East Asian and European markets.
5. Hanyang Digitech Vina – $5.8 Billion
Exports: electronic components, PCBs
6. Foxconn Vietnam – $4.5 Billion
Exports: electronics for Apple and global OEMs
Rapid expansion in Bac Giang and Quang Ninh.
7. VNG/VinaCapital Tech Group – $2.1 Billion
Exports: cloud technology, software products
8. VINATEX – $800 Million
Exports: garments, textiles
9. Intimex Group – $320 Million
Exports: coffee, spices
A major contributor to agricultural Vietnam exports.
10. Vinamilk – $180 Million
Exports: dairy products (milk powder, yogurt, cheese)
Historical Overview: Vietnam Exports in the Last 10 Years
| Year | Vietnam Export Value |
|---|---|
| 2014 | $150.21 B |
| 2015 | $162.01 B |
| 2016 | $176.58 B |
| 2017 | $215.11 B |
| 2018 | $243.69 B |
| 2019 | $264.61 B |
| 2020 | $281.44 B |
| 2021 | $335.79 B |
| 2022 | $370.90 B |
| 2023 | $353.07 B |
| 2024 | $403.2 B |
| Q1 2025 | $102.8 B |
The strong upward trend confirms that Vietnam exports will likely exceed $450 billion by the end of 2025 if current momentum continues.
Tariff Impacts & Policy Shifts Shaping Vietnam Exports
Recent trade policy changes—especially U.S. Section 232 tariffs on steel and aluminum and proposed “reciprocal tariffs”—pose challenges to Vietnamese exporters. However, FTAs like EVFTA, CPTPP, and RCEP offer tariff-free access to global markets.
Key impacts include:
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Surge in shipments before expected tariff deadlines
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Higher compliance demands from the EU
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Rising competition pressure from regional manufacturers
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Increased emphasis on origin traceability and sustainable supply chains
These factors influence both Vietnam main exports and emerging export segments.
Market Insights for Buyers & Suppliers (2025)
For Buyers (Importers):
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Expect price variations in metals, coffee, pepper, and apparel
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Secure long-term contracts for consistent supply
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Utilize FTAs for lower tariff access
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Evaluate suppliers through verified Vietnam shipment data
For Suppliers (Exporters):
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Invest in documentation and compliance
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Diversify markets due to U.S. tariff risks
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Explore high-value segments like electronics, precision parts
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Strengthen raw material localization to reduce costs
2025 Outlook for Vietnam Exports
If tariff disruptions remain controlled, Vietnam exports are forecast to grow 10–15% year-on-year. With the U.S.–Vietnam trade talks, rising FDI flows, and global diversification away from China, Vietnam is expected to attract more manufacturing investments.
Sectors poised for the strongest growth:
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Electronics and semiconductor assembly
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Apparel and footwear
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Furniture and wood products
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Coffee, seafood, and agricultural commodities
Environmental regulations, however, may require exporters to adopt greener practices and traceability systems.
Conclusion
Vietnam’s export growth story remains one of the most impressive in Asia. With strong demand for its electronics, textiles, agricultural goods, and wood products, Vietnam continues to strengthen its global market position. Understanding Vietnam exports, top exporters, key Vietnam trade partners, and Vietnam exports by country helps businesses and importers make informed decisions in 2025.
To access the full Vietnam shipment data, customized HS-code-wise or company-wise records, you can explore platforms offering real-time Vietnam trade intelligence, including VietnamExportdata. For detailed reports or insights, reach out at info@tradeimex.in.