Vietnam’s exports of iron and steel products saw a slight decline in June 2025, reaching $472,414,332, a -1.56 percent decrease compared to May 2025 according to data from Vietnam’s General Department of Customs.
Despite the marginal month-on-month decrease, several countries remain vital destinations for Vietnam’s exports, with the year-to-date total for this product category standing at $2,811,496,701.
In June 2025, the top five destinations by dollar value for Vietnam’s exports of iron and steel products were:
USA
The USA emerged as the top destination in June, with export values reaching $134,126,859.
This represents a 14.67 percent month-on-month change from May.
The USA’s year-to-date total for these exports stands at $718,837,784, accounting for 25.57 percent of all YTD exports in this category.
Taiwan
Taiwan followed as the second-largest destination, with June exports valued at $77,603,684.
This figure indicates a 27.22 percent month-on-month change.
Taiwan’s year-to-date total for these exports is $385,400,463, representing 13.71 percent of the total YTD exports for this product category.
Japan
Japan secured the third position in June with exports totaling $51,920,310.
This indicates a 6.61 percent month-on-month change.
Its year-to-date contribution to Vietnam’s exports of iron and steel products is $306,821,866, making up 10.91 percent of the total YTD exports.
Other
The “Other” category contributed $26,671,138 worth of iron and steel products in June.
Notably, the “Other” category experienced a -9.30 percent month-on-month decrease.
The “Other” category’s year-to-date total for these exports is $175,062,119, accounting for 6.23 percent of the total YTD exports for this product.
Australia
Australia rounded out the top five export destinations with $22,854,115 in June exports.
This country saw a 6.62 percent month-on-month increase.
Australia’s year-to-date total for these exports is $124,041,229, representing 4.41 percent of the total YTD exports for this category.
See also: Can Vietnam Survive the Steel-Trade Wars?
Vietnam’s exports of iron and steel products, US$ millions
| June | May | MoM | YTD | % of YTD | |
| Total | 472.41 | 479.88 | -1.56% | 2,811.50 | 100.00% |
| Other | 26.67 | 29.41 | -9.30% | 175.06 | 6.23% |
| USA | 134.13 | 116.97 | 14.67% | 718.84 | 25.57% |
| Taiwan | 77.60 | 61.00 | 27.22% | 385.40 | 13.71% |
| Japan | 51.92 | 48.70 | 6.61% | 306.82 | 10.91% |
| Australia | 22.85 | 21.43 | 6.62% | 124.04 | 4.41% |
| South Korea | 17.14 | 14.49 | 18.31% | 93.59 | 3.33% |
| Cambodia | 13.36 | 14.57 | -8.29% | 82.37 | 2.93% |
| India | 12.95 | 15.03 | -13.85% | 67.17 | 2.39% |
| Thailand | 11.86 | 10.28 | 15.33% | 62.27 | 2.21% |
| Philippines | 10.71 | 8.91 | 20.25% | 49.77 | 1.77% |
| Germany | 9.57 | 23.13 | -58.60% | 105.92 | 3.77% |
| Netherlands | 8.59 | 7.90 | 8.72% | 48.46 | 1.72% |
| China | 8.30 | 5.60 | 48.27% | 45.29 | 1.61% |
| Poland | 8.26 | 5.25 | 57.39% | 39.38 | 1.40% |
| Canada | 7.46 | 7.21 | 3.39% | 54.04 | 1.92% |
| Laos | 5.05 | 6.69 | -24.50% | 40.03 | 1.42% |
| Sweden | 4.82 | 2.00 | 141.09% | 37.43 | 1.33% |
| Italy | 4.16 | 4.06 | 2.61% | 26.57 | 0.95% |
| Singapore | 3.76 | 2.24 | 68.28% | 17.96 | 0.64% |
| Malaysia | 3.67 | 24.32 | -84.90% | 48.57 | 1.73% |
| Belgium | 3.61 | 3.43 | 5.31% | 22.22 | 0.79% |
| Saudi Arabia | 3.47 | 15.63 | -77.78% | 46.63 | 1.66% |
| Indonesia | 3.15 | 3.10 | 1.59% | 18.91 | 0.67% |
| UAE | 2.58 | 0.70 | 267.36% | 20.96 | 0.75% |
| Spain | 2.53 | 3.39 | -25.57% | 16.91 | 0.60% |
| UK | 2.47 | 3.02 | -18.36% | 15.03 | 0.53% |
| Hong Kong | 1.85 | 1.21 | 52.31% | 7.95 | 0.28% |
| France | 1.65 | 1.46 | 13.47% | 9.77 | 0.35% |
| Finland | 1.61 | 1.92 | -16.09% | 9.81 | 0.35% |
| Denmark | 1.43 | 1.01 | 42.09% | 12.07 | 0.43% |
| Brazil | 1.33 | 1.39 | -4.29% | 12.12 | 0.43% |
| Switzerland | 0.89 | 0.91 | -2.55% | 4.90 | 0.17% |
| Greece | 0.67 | 0.22 | 208.13% | 2.93 | 0.10% |
| Romania | 0.64 | 0.58 | 10.48% | 26.13 | 0.93% |
| Myanmar | 0.58 | 0.96 | -40.08% | 3.89 | 0.14% |
| Mozambique | 0.33 | 0.28 | 19.71% | 1.87 | 0.07% |
Czech Republic | 0.30 | 0.21 | 44.63% | 1.40 | 0.05% |
| South Africa | 0.16 | 0.39 | -60.35% | 2.04 | 0.07% |
| Lithuania | 0.12 | 10.17 | -98.84% | 43.16 | 1.54% |
| Argentina | 0.08 | 0.07 | 10.57% | 0.93 | 0.03% |
| Norway | 0.07 | 0.06 | 30.68% | 0.79 | 0.03% |
| Bangladesh | 0.05 | 0.53 | -91.49% | 1.04 | 0.04% |
Brunei Darussalam | 0.00 | 0.00 | 0.00% | 0.09 | 0.00% |
| Iceland | 0.00 | 0.00 | 0.00% | 0.25 | 0.01% |
| Kuwait | 0.00 | 0.00 | 0.00% | 0.43 | 0.02% |
| Pakistan | 0.00 | 0.04 | -100.00% | 0.30 | 0.01% |