South Korea ships US$5.4 billion of goods to Vietnam in September, up 2.20 percent month-on-month

Vietnam’s imports from South Korea increased 2.2 percent month-on-month to US$5.42 billion in September 2025, according to Vietnam’s General Department of Customs.

Year-to-date imports reached US$44.45 billion, underscoring South Korea’s role as one of Vietnam’s top suppliers of industrial inputs and technology goods.

Graph of Vietnam imports from South Korea in 2025, US$millions

Electronics continued to dominate, with computers, electrical products, spare parts, and components climbing 4.34 percent to US$3.59 billion.

Imports of machines, equipment, tools, and instruments rose 1.15 percent to US$365.2 million, while fabric imports jumped 25.38 percent to US$114.9 million.

Conversely, petroleum products and iron and steel declined 11.04 percent and 37.56 percent respectively, reflecting softer demand from energy and construction sectors.

Notable smaller categories saw sharp swings: motor vehicle imports surged 447.04 percent to US$8.26 million, while fertilizer imports jumped nearly 289.10 percent.

Meanwhile, LPG and ores and minerals contracted 20.42 percent and 29.02 percent, respectively.

Vietnam's main imports from South Korea in September

Vietnam—South Korea bilateral trade 2025

The sustained import flow from South Korea highlights deep supply chain integration between the two economies, particularly in electronics, machinery, and materials for Vietnam’s export manufacturing industries.

Vietnam’s trade with South Korea reached US$7.87 billion in September 2025, slightly down 0.78 percent from August.

Exports fell 6.81 percent to US$2.45 billion, while imports rose 2.2 percent to US$5.42 billion, widening Vietnam’s trade deficit with South Korea to US$2.97 billion for the month.

For the first nine months of 2025, total bilateral trade amounted to US$65.82 billion, with Vietnam running a cumulative deficit of US$23.07 billion.

Vietnam—South Korea balance of trade, September 2025 US$millions

SeptemberAugustMoMYTD
Imports5,421.875,304.942.20%44,445.34
Exports2,449.272,628.38-6.81%21,372.92
Total7,871.147,933.32-0.78%65,818.25
Balance (Vietnam)-2,972.60-2,676.5711.06%-23,072.42

Vietnam and South Korea maintain one of the most dynamic trade relationships in Asia, underpinned by strong manufacturing and technology linkages.

South Korea is among Vietnam’s top three trading partners, supplying high-value goods such as electronics, machinery, semiconductors, and industrial materials.

In turn, Vietnam exports electronics, textiles, and agricultural products to South Korea, reflecting a complementary structure that supports both nations’ industrial strategies.

Since the Vietnam–Korea Free Trade Agreement took effect in 2015, bilateral trade has expanded rapidly, supported by substantial South Korean investment in Vietnam’s manufacturing and infrastructure sectors.

Major corporations like Samsung, LG, and Hyundai have helped integrate Vietnam into regional supply chains.

Despite Vietnam’s persistent trade deficit, the partnership continues to deepen through technology transfer, industrial cooperation, and emerging collaboration in green energy and digital transformation.

Learn more about starting a business in Vietnam →

Vietnam imports from South Korea in September 2025, US$millions

SeptemberAugustMoMYTD
Total5,421.875,304.942.20%44,445.34
Computers, electrical products, spare-parts and components thereof3,591.733,442.484.34%27,685.64
Machine, equipment, tools and instruments365.16361.001.15%3,455.88
Plastics183.65196.66-6.61%1,641.60
Petroleum products153.92173.03-11.04%1,453.41
Plastic products133.15125.316.26%1,122.39
Fabrics114.9091.6425.38%1,041.96
Other base metals112.90124.55-9.35%1,101.26
Iron and steel99.76159.78-37.56%942.75
Chemical products79.2271.9110.16%658.31
Other products76.0271.606.17%735.39
Iron and steel products60.6260.130.82%547.63
Parts and accessories of motor vehicles59.5662.62-4.90%674.22
Chemicals42.8736.4317.68%325.87
Insulated wires and cables38.2033.1515.22%322.69
Telephones, mobile phones and parts thereof34.6542.26-18.02%302.96
Textile, leather and footwear materials31.1426.9115.72%320.79
Rubber23.4723.73-1.08%235.57
Essential oils and resinoids; perfumery, cosmetic23.3722.513.81%179.63
Other base metal products21.2020.692.42%177.90
Paper21.1123.71-10.98%197.31
Other petroleum products17.7434.69-48.87%236.20
Pharmaceutical products13.7012.529.40%98.28
Precious stones, precious metal and articles12.3111.556.52%94.35
Other means of transportation, parts and accessories thereof11.050.551910.71%70.20
Fertilizers10.482.69289.10%71.99
Rubber products9.129.44-3.39%84.53
Motor vehicles8.261.51447.04%21.67
Yarn7.996.4723.62%81.33
Glass and glassware7.907.1310.81%58.39
Other edible food preparations6.625.5918.33%57.40
Fishery products6.384.4044.94%65.31
Electric consumer products and parts thereof6.094.9223.76%49.27
Pastries, sweets and cereal products5.654.3330.45%40.90
Animal fodders and animal fodder materials4.924.792.88%45.48
Still image, video cameras and parts thereof4.421.73155.92%25.45
Fruits and vegetables4.133.4021.57%38.06
Paper products4.093.6312.57%41.09
Insecticides, rodenticides and materials3.174.39-27.69%64.01
Ores and other minerals product2.844.00-29.02%15.19
Liquefied petroleum gases (LPG)2.723.41-20.42%26.95
Milk and milk products2.322.1010.42%18.49
Pharmaceutical materials1.220.025482.57%4.04
Wood and wooden products1.190.56114.02%6.17
Animal, vegetable fats and oils0.740.5729.22%5.42
Cotton0.270.44-38.39%1.99
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