In November, Vietnam exported US$2.3 billion worth of goods to South Korea, down 8.30 percent over October, according to preliminary data from Vietnam’s General Department of Customs.
So far this year, Vietnam has exported US$26,099 million worth of goods to South Korea.
Vietnam exported US$719.25 million worth of computers, electrical products, and spare parts to South Korea in November. This was down from US$734.29 million in October, a change of -2.05 percent.
It also exported US$323.14 million worth of telephones, mobile phones and parts thereof to South Korea in November. This was up from US$289.16 million in October, a change of 11.75 percent.
Adding to that, Vietnam exported US$292.96 million worth of machines, equipment, tools and instruments to South Korea in November. This was down from US$307.47 million in October, a change of -4.72 percent.
It also exported US$141.19 million worth of textiles and garments to South Korea in November. This was down from US$258.26 million in October, a change of -45.33 percent.
Finally, Vietnam exported US$130.14 million worth of other means of transportation, parts and accessories thereof to South Korea in November. This was down from US$188.38 million in October, a change of -30.92 percent.
Learn more about manufacturing in Vietnam→
Vietnam exports to South Korea in November US$m
| November | October | Change | YTD | |
| Total | 2,261.90 | 2,466.64 | -8.30% | 26,099.32 |
| Computers, electrical products, and spare-parts | 719.25 | 734.29 | -2.05% | 7,764.82 |
| Telephones, mobile phones and parts thereof | 323.14 | 289.16 | 11.75% | 3,621.86 |
| Machine, equipment, tools and instruments | 292.96 | 307.47 | -4.72% | 2,937.22 |
| Textiles and garments | 141.19 | 258.26 | -45.33% | 2,666.66 |
| Other means of transportation, parts and accessories thereof | 130.14 | 188.38 | -30.92% | 1,658.18 |
| Other products | 124.23 | 165.71 | -25.03% | 1,456.56 |
| Fishery products | 78.46 | 92.30 | -15.00% | 785.24 |
| Footwear | 56.07 | 35.44 | 58.18% | 558.05 |
| Wood and wooden products | 52.85 | 53.14 | -0.54% | 644.56 |
| Other base metals and other base metal products | 34.55 | 31.42 | 9.93% | 358.03 |
| Insulated wires and cables | 32.11 | 33.58 | -4.38% | 396.47 |
| Yarn | 30.02 | 28.67 | 4.69% | 324.88 |
| Still image, video cameras and parts thereof | 27.34 | 32.90 | -16.89% | 383.83 |
| Chemical products | 24.01 | 22.64 | 6.04% | 147.88 |
| Plastic products | 22.92 | 25.28 | -9.31% | 265.33 |
| Fruits and vegetables | 20.09 | 27.03 | -25.68% | 284.22 |
| Iron and steel products | 18.50 | 17.51 | 5.65% | 181.89 |
| Iron and steel | 16.59 | 9.71 | 70.82% | 227.95 |
| Petroleum products | 16.20 | 14.15 | 14.46% | 221.12 |
| Chemicals | 14.29 | 11.74 | 21.72% | 139.02 |
| Handbags, purses, suitcases, headgear and umbrellas | 12.40 | 10.90 | 13.77% | 136.79 |
| Rubber | 9.73 | 7.11 | 36.99% | 75.47 |
| Rubber products | 9.31 | 8.80 | 5.89% | 93.92 |
| Textile, leather and footwear materials and auxiliaries | 9.15 | 8.77 | 4.28% | 89.99 |
| Coffee | 8.80 | 10.35 | -14.94% | 185.03 |
| Pastry, sweets and cereals products | 8.39 | 9.29 | -9.67% | 87.31 |
| Tyre cord fabrics and other fabrics for technical uses | 4.69 | 4.87 | -3.76% | 63.38 |
| Plastics | 4.37 | 3.75 | 16.42% | 44.88 |
| Toys and sports requisites; parts and accessories | 4.22 | 4.48 | -5.70% | 42.25 |
| Paper and paper products | 3.27 | 3.44 | -4.92% | 39.24 |
| Pepper | 2.49 | 3.02 | -17.56% | 45.01 |
| Ceramic products | 2.18 | 2.74 | -20.17% | 24.74 |
| Glass and glassware | 2.16 | 1.58 | 36.78% | 16.87 |
| Bamboo and rattan products | 1.57 | 1.96 | -19.55% | 17.46 |
| Precious stones, precious metal and articles thereof | 1.38 | 3.04 | -54.77% | 36.10 |
| Animal fodders and animal fodder materials | 1.02 | 1.25 | -18.69% | 16.41 |
| Manioc and manioc products | 0.98 | 1.99 | -50.73% | 7.89 |
| Coal | 0.80 | 0.46 | 73.81% | 3.14 |
| Ores and other minerals product | 0.08 | 0.00 | 0.00% | 3.80 |
| Fertilizers | 0.00 | 0.06 | -100.00% | 45.84 |
Vietnam trade with South Korea
In November, Vietnam imported US$5,034.07 million worth of goods from South Korea and exported US$2,261.90 million, for total trade worth US$7,295.97 million, and leaving a trade deficit of US$2,772.17 million.
Two-way trade so far this year between Vietnam and South Korea has reached US$80,517 million, with Vietnam importing US$54,417 million worth of goods and exporting US$26,099 million worth of goods.
Discover more about trade in Vietnam→
Vietnam trade with South Korea year to date November US$m
| November | October | Change | YTD | |
| Imports | 5,034.07 | 4,908.13 | 2.57% | 54,417.39 |
| Exports | 2,261.90 | 2,466.64 | -8.30% | 26,099.32 |
| Total | 7,295.97 | 7,374.77 | -1.07% | 80,516.71 |
| Balance | -2,772.17 | -2,441.50 | 13.54% | -28,318.08 |
Vietnam-South Korea news
Recent developments involving the two countries include:
Korean series filming Hanoi
Disney+ has resumed filming its series Delusion in Hanoi after the production cancelled a planned shoot in China two months ago, Korean outlet OSEN reported on December 2.
The China schedule was scrapped in October due to unspecified “local circumstances,” with industry observers linking the decision to fallout from an anti-China backlash tied to another Disney+ drama, Polaris.
South Korea logistics expansion
South Korea’s POSCO Group has established a logistics corporation in Vietnam to strengthen its global supply chain and support steel, raw material and secondary battery material flows.
POSCO Flow has completed corporate registration with the Vietnamese government and plans to launch full operations in December.
The subsidiary currently manages POSCO’s global logistics network, operates in multiple countries and recorded more than 2.5 trillion won (about US$94.9 million) in sales last year.
See the latest Vietnam news headlines→
Vietnam-South Korea trade relations
Vietnam and South Korea established trade relations in the early 1990s, with ties accelerating after the normalization of diplomatic relations in 1992 and the rapid expansion of Korean investment in Vietnam.
A key milestone was the Vietnam South Korea Free Trade Agreement, which took effect in 2015 and deepened cooperation in trade, services and investment.
Bilateral trade has also been strengthened through multilateral frameworks such as the Regional Comprehensive Economic Partnership.
South Korea is now one of Vietnam’s largest trading partners and foreign investors, with strong linkages in electronics, manufacturing and supply chains.