Vietnam’s exports of iron and steel saw a slight increase in June 2025, reaching $611,511,883, a 1.90 percent increase compared to May 2025 according to data from Vietnam’s General Department of Customs.
This modest month-on-month increase contributed to a year-to-date total for this product category standing at $3,698,183,240.
In June 2025, the top five destinations by dollar value for Vietnam’s exports of iron and steel were:
Italy
Italy emerged as the top destination in June, with export values reaching $88,001,416.
This represents a 44.90 percent month-on-month change from May.
Italy’s year-to-date total for these exports stands at $358,692,408, accounting for 9.70 percent of all YTD exports in this category.
India
India followed as the second-largest destination, with June exports valued at $84,450,754.
This figure indicates a 38.25 percent month-on-month change.
India’s year-to-date total for these exports is $349,332,781, representing 9.45 percent of the total YTD exports for this product category.
Cambodia
Cambodia secured the third position in June with exports totaling $76,895,101.
This indicates a -3.82 percent month-on-month change.
Its year-to-date contribution to Vietnam’s exports of iron and steel is $437,837,644, making up 11.84 percent of the total YTD exports.
Australia
Australia contributed $51,572,427 worth of iron and steel in June.
Notably, Australia experienced a significant 354.28 percent month-on-month increase.
Australia’s year-to-date total for these exports is $157,056,488, accounting for 4.25 percent of the total YTD exports for this product.
Other
The “Other” category rounded out the top five export destinations with $43,134,967 in June exports.
This category saw a -43.36 percent month-on-month decrease.
The “Other” category’s year-to-date total for these exports is $414,131,581, representing 11.20 percent of the total YTD exports for this category.
See also: Can Vietnam Survive the Steel-Trade Wars?
Vietnam’s exports of iron and steel, US$ millions
| June | May | MoM | YTD | % of YTD | |
| Total | 611.51 | 600.08 | 1.90% | 3,698.18 | 100.00% |
| Other | 43.13 | 76.16 | -43.36% | 414.13 | 11.20% |
| Italy | 88.00 | 60.73 | 44.90% | 358.69 | 9.70% |
| India | 84.45 | 61.08 | 38.25% | 349.33 | 9.45% |
| Cambodia | 76.90 | 79.95 | -3.82% | 437.84 | 11.84% |
| Australia | 51.57 | 11.35 | 354.28% | 157.06 | 4.25% |
| USA | 35.31 | 67.61 | -47.77% | 343.50 | 9.29% |
| Taiwan | 28.25 | 44.25 | -36.16% | 185.22 | 5.01% |
| Thailand | 27.90 | 27.74 | 0.57% | 139.38 | 3.77% |
| Belgium | 26.59 | 35.06 | -24.17% | 191.66 | 5.18% |
| Spain | 26.13 | 17.64 | 48.11% | 148.57 | 4.02% |
| South Korea | 25.34 | 25.67 | -1.30% | 171.02 | 4.62% |
| Malaysia | 23.96 | 29.93 | -19.94% | 205.00 | 5.54% |
| Philippines | 14.21 | 0.87 | 1529.96% | 22.31 | 0.60% |
| Indonesia | 13.26 | 17.60 | -24.70% | 201.52 | 5.45% |
| Turkey | 12.78 | 1.33 | 858.61% | 37.25 | 1.01% |
| UK | 10.66 | 14.75 | -27.77% | 87.60 | 2.37% |
| Poland | 7.70 | 7.07 | 8.93% | 42.08 | 1.14% |
| Laos | 6.35 | 6.42 | -1.15% | 31.15 | 0.84% |
| Japan | 5.49 | 5.43 | 1.04% | 31.51 | 0.85% |
| China | 1.46 | 3.47 | -58.02% | 13.94 | 0.38% |
| Singapore | 0.70 | 1.33 | -47.42% | 25.37 | 0.69% |
| Saudi Arabia | 0.62 | 0.19 | 219.63% | 4.16 | 0.11% |
| Germany | 0.31 | 0.31 | 1.15% | 30.49 | 0.82% |
| Brazil | 0.17 | 0.69 | -75.32% | 53.56 | 1.45% |
| Hong Kong | 0.09 | 0.00 | 0.00% | 4.86 | 0.13% |
| Kuwait | 0.08 | 0.00 | 0.00% | 0.10 | 0.00% |
| Myanmar | 0.06 | 0.29 | -81.05% | 2.23 | 0.06% |
| Russia | 0.05 | 0.05 | 0.35% | 0.54 | 0.01% |
| Argentina | 0.00 | 0.00 | 0.00% | 2.48 | 0.07% |
| Bangladesh | 0.00 | 0.27 | -100.00% | 0.41 | 0.01% |
| Pakistan | 0.00 | 0.00 | 0.00% | 0.02 | 0.00% |
| UAE | 0.00 | 2.80 | -100.00% | 5.20 | 0.14% |