Japan ships US$2.18 billion of goods to Vietnam in October, down 1.56 percent month-on-month

In October, Vietnam imported US$2.18 billion worth of goods from Japan, down 1.56 percent over September, according to preliminary data from Vietnam’s General Department of Customs.

So far this year, Vietnam has imported US$20,433 million worth of goods from Japan.

Bar chart of Vietnam imports from Japan in 2025, US$millions.

Vietnam’s biggest import from Japan in value terms was computers, electrical products, spare-parts and components thereof, worth US$777.01 million. This was down 9.13 percent over September. It brings the total imported so far this year to US$7,017.51 million.

This was followed by machine, equipment, tools and instruments, valued at US$385.15 million, down 0.87 percent from September. Year-to-date these imports reached US$4,041.82 million.

Pie chart Vietnam's main imports from Japan in October.

Ferrous waste and scrap also featured prominently, accounting for US$103.41 million worth of imports from Japan, an increase of 2.03 percent versus September. Total imports so far this year are sitting at US$930.38 million.

Imports of iron and steel from Japan round out the top five, valued at US$93.97 million.

Learn more about manufacturing in Vietnam→

Vietnam imports from Japan in October US$millions

OctoberSeptemberMoMYTD
Total2,183.622,218.18-1.56%20,433.02
Computers, electrical products, spare-parts and components thereof777.01855.06-9.13%7,017.51
Machine, equipment, tools and instruments385.15388.53-0.87%4,041.82
Other products127.59120.386.00%1,085.28
Ferrous waste and scrap103.41101.352.03%930.38
Iron and steel93.9799.85-5.89%1,195.50
Plastic products88.1386.611.76%776.57
Parts and accessories of motor vehicles70.0947.0349.02%553.46
Fabrics68.1060.9311.77%604.01
Chemical products58.8453.789.41%539.80
Chemicals51.0948.385.61%436.21
Iron and steel products45.1039.0015.62%377.19
Plastics41.5739.565.10%461.27
Other base metals38.6255.97-30.99%389.48
Textile, leather and footwear materials and auxiliaries25.8722.8713.12%231.20
Fishery products25.8234.22-24.55%249.89
Motor vehicles25.1127.97-10.23%211.53
Other means of transportation, parts and accessories thereof19.777.76154.65%55.31
Paper18.4519.70-6.38%188.94
Rubber15.8014.399.75%148.61
Insulated wires and cables15.3513.4514.12%134.61
Rubber products12.6911.609.34%113.70
Other base metal products10.9317.89-38.88%111.38
Still image, video cameras and parts thereof9.055.6659.91%66.53
Pharmaceutical products7.053.49102.10%50.41
Glass and glassware6.214.5038.03%55.48
Precious stones, precious metal and articles6.185.2916.87%51.97
Other edible food preparations5.714.2334.88%49.64
Milk and milk products4.483.5725.26%35.59
Yarn4.474.64-3.67%50.40
Paper products4.233.8410.16%39.40
Essential oils and resinoids; perfumery, cosmetic3.544.36-18.74%46.19
Fertilizers3.502.3250.60%30.56
Insecticides, rodenticides and materials3.202.1052.19%32.72
Other petroleum products2.753.14-12.37%28.44
Electric consumer products and parts thereof2.712.2918.17%22.51
Ores and other minerals product0.721.37-47.28%9.78
Wood and wooden products0.650.26151.69%3.43
Animal fodders and animal fodder materials0.480.464.66%3.16
Telephones, mobile phones and parts thereof0.210.36-42.83%3.08
Coal0.020.000.00%0.08
Petroleum products0.000.000.00%0.02

Vietnam exports to Japan

In October, Vietnam exported US$2.38 billion worth of goods to Japan, up 9.33 percent over September, according to preliminary data from Vietnam’s General Department of Customs.

So far this year, Vietnam has exported US$22,034 million worth of goods to Japan.

Explore all of Vietnam’s exports to Japan in October→

Bar chart of Vietnam's main exports to Japan in October

Vietnam trade with Japan

In October, Vietnam imported goods worth US$2,183.62 million from Japan and exported US$2,382.29 million, bringing total trade to US$4,565.91 million and resulting in a trade surplus of US$198.67 million.

Two-way trade so far this year between Vietnam and Japan has reached US$42,467.48 million, with Vietnam importing US$20,433.02 million worth of goods and exporting US$22,034.46 million.

Discover more about trade in Vietnam→

Vietnam trade with Japan year to date US$millions

OctoberSeptemberMoMYTD
Imports2,183.622,218.18-1.56%20,433.02
Exports2,382.292,179.079.33%22,034.46
Total4,565.914,397.253.84%42,467.48
Balance198.67-39.11-607.98%1,601.44

Vietnam-Japan trade & investment news

Recent news about Vietnam and Japan trade and investment.

Japan warning on Vietnam petrol bike ban

Japan’s government and major motorbike manufacturers have warned Vietnam that Hanoi’s planned 2026 ban on petrol-powered motorbikes could cause job losses and disrupt a US$4.6 billion market dominated by Honda.

In letters reviewed by Reuters, the Japanese embassy and a motorcycle trade group urged Vietnam to adopt a gradual roadmap for electrification to avoid bankruptcies among suppliers and dealers.

VPBank Japan finance

VPBank Securities (VPBankS) has secured a syndicated loan worth US$200 million arranged by Japan’s Sumitomo Mitsui Banking Corporation (SMBC).

This marks VPBankS’s largest international financing to date, following a US$125 million deal in May, bringing its total foreign capital raised in 2025 to US$400 million. The funds will support key business areas including investment banking and margin lending.

Power plant sale

Japan’s Sumitomo Group sold a 50 percent of its stake in Van Phong Power Company, owner of the Van Phong 1 thermal power plant, to Thailand’s EGAT International and the Philippines’ AboitizPower, each acquiring 25 percent.

AboitizPower said it will invest about US$220 million after regulatory approvals, marking its first overseas acquisition.

Sumitomo will retain 50 percent and continue joint operations to ensure stable power supply and pursue energy transition goals.

Vietnam-Japan trade relations

Vietnam and Japan have developed one of Asia’s most comprehensive economic partnerships.

Japan is one of Vietnam’s largest trading partners, major investors, and providers of official development assistance (ODA).

The two countries signed the Vietnam–Japan Economic Partnership Agreement (VJEPA) in 2008, which reduced tariffs on a wide range of goods and strengthened cooperation in services, investment, and technology transfer.

Their partnership was further deepened through multilateral frameworks such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP).

Bilateral trade now covers machinery, electronics, auto parts, textiles, and agricultural products.

Japan continues to play a crucial role in Vietnam’s infrastructure and energy development, reflecting a shared commitment to stability, digital transformation, and supply chain resilience in the Indo-Pacific.

Explore starting a business in Vietnam→

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