Industry: Vietnam iron and steel imports up 11.40 percent in August, led by China, South Korea

Vietnam’s iron and steel imports rose to US$949.36 million in August, up 11.40 percent from July, according to Vietnam’s General Department of Customs. Year-to-date imports stood at US$7.18 billion.

China was the dominant supplier with US$457.80 million, up 0.75 percent, accounting for 51.82 percent of the total.

South Korea followed with US$159.78 million, up 50.72 percent, while Japan supplied US$121.15 million, up 13.68 percent.

Indonesia ranked close behind at US$116.61 million, up 2.27 percent, with both countries together covering over a quarter of imports.

Taiwan contributed US$57.64 million, a strong 42.53 percent increase.

Among smaller suppliers, Malaysia more than doubled to US$16.31 million, while India dropped 46.92 percent to US$3.28 million.

European suppliers showed volatility: Germany fell 64.60 percent, France declined 34.00 percent, but Italy and Austria surged from low bases.

The data highlights Vietnam’s reliance on China, which alone provided more than half of August imports.

Northeast Asian suppliers—South Korea, Japan, and Taiwan—collectively added another 30 percent, underlining regional concentration.

See also: Can Vietnam Survive the Steel-Trade Wars?

Vietnam imports of iron and steel in August 2025 (US$ millions)

AugustJulyMoMYTD% of YTD
Total949.36852.1811.40%7,178.68100.00%
Other1.421.91-25.50%12.560.17%
China457.80454.400.75%3,720.0551.82%
South Korea159.78106.0150.72%842.9611.74%
Japan121.15106.5713.68%1,002.0413.96%
Indonesia116.61114.022.27%1,008.1014.04%
Taiwan57.6440.4442.53%385.235.37%
Malaysia16.316.98133.49%47.240.66%
Thailand3.803.84-1.22%30.050.42%
India3.286.19-46.92%32.070.45%
Sweden2.181.7723.09%13.640.19%
South Africa1.781.0078.19%8.230.11%
Australia1.521.0643.42%15.370.21%
Philippines1.321.0032.52%9.720.14%
Germany1.223.44-64.60%14.660.20%
France1.141.72-34.00%11.540.16%
USA0.810.6231.28%9.640.13%
Finland0.460.3340.68%3.070.04%
Italy0.350.06515.19%1.710.02%
Spain0.190.25-25.14%2.970.04%
Austria0.150.02568.31%0.890.01%
Belgium0.140.000.00%1.060.01%
Canada0.100.02350.03%0.670.01%
Netherlands0.090.16-43.82%0.970.01%
Turkey0.090.10-16.43%0.780.01%
Brazil0.030.05-38.87%0.160.00%
Denmark0.000.000.00%0.090.00%
Hong Kong0.000.000.00%0.040.00%
Mexico0.000.000.00%0.380.01%
New Zealand0.000.000.00%0.610.01%
Poland0.000.14-100.00%0.570.01%
Russia0.000.000.00%0.510.01%
Saudi Arabia0.000.000.00%0.100.00%
Singapore0.000.03-100.00%0.070.00%
UK0.000.04-100.00%0.920.01%
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