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Vietnam exports to Italy down 6.59 percent February 2026 MoM / coffee -11.73%, iron and steel 165.46%

In February, Vietnam exported US$389 million worth of goods to Italy, down 6.59 percent over January, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam has exported US$806 million worth of goods to Italy.

Bar chart of Vietnam's exports to Italy 2026, US$millions

Coffee exports reached US$70.92 million in February, down 11.73 percent from January.

Iron and steel exports rose to US$59.13 million, up 165.46 percent, while phones and computers recorded modest increases.

Footwear exports declined to US$35.10 million, down 6.84 percent month on month.

Pie chart of Vietnam's main exports to Italy in February

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Vietnam trade with Italy YTD

In February, Vietnam imported US$134.11 million worth of goods from Italy and exported US$388.78 million to Italy, for total trade worth US$522.89 million, and leaving a trade surplus of US$254.67 million.

Two-way trade so far this year between Vietnam and Italy has reached US$1,134 million, with Vietnam importing US$329 million worth of goods and exporting US$806 million worth of goods.

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Vietnam-Italy news

Recent developments involving the two countries include:

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Vietnam-Italy trade relations

Vietnam–Italy trade relations are supported by the European Union–Vietnam Free Trade Agreement, which has reduced tariffs and improved market access.

Bilateral trade is driven by Vietnam’s exports of textiles, footwear, electronics and agricultural products, while Italy supplies machinery, chemicals and industrial inputs.

Italy is a key European partner for Vietnam, particularly in manufacturing cooperation, technology transfer and high-value industrial sectors.

However, trade remains below potential due to logistical barriers, regulatory differences and limited market penetration by small and medium-sized enterprises.

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The data

Vietnam trade with Italy year to date February 2026 US$m

FebruaryJanuaryChangeYTD
Imports134.11194.49-31.04%328.64
Exports388.78416.19-6.59%805.52
Total522.89610.68-14.37%1,134.16
Balance254.67221.7014.87%476.88

Vietnam exports to Italy in February 2026 US$m

FebruaryJanuaryChangeYTD
Total388.78416.19-6.59%805.52
Coffee70.9280.34-11.73%151.26
Iron and steel59.1322.27165.46%81.40
Phones47.0546.860.39%93.91
Computers39.6438.114.00%77.75
Footwear35.1037.68-6.84%72.79
Other means of transportation, parts and accessories thereof35.0942.57-17.57%77.67
Textiles and garments23.2530.14-22.85%53.39
Other products21.1234.90-39.48%56.01
Machine, equipment, tools and instruments15.6827.70-43.39%43.38
Handbags, purses, suitcases, headgear and umbrellas6.206.52-4.93%12.72
Plastics6.163.8062.00%9.96
Chemicals4.075.99-32.04%10.63
Iron and steel products3.805.83-34.74%9.63
Fishery products3.697.15-48.46%10.84
Wood and wood products3.214.46-28.05%7.67
Plastic products2.262.48-8.68%4.74
Yarn2.001.5132.51%3.50
Textile and footwear materials1.994.20-52.61%6.18
Cashew nut1.953.38-42.38%5.33
Fruits and vegetables1.711.4815.64%3.19
Toys and sporting goods1.662.37-30.03%4.03
Rubber0.921.04-11.59%1.96
Rubber products0.671.06-37.11%1.73
Ceramic products0.601.19-49.16%1.80
Bamboo and rattan products0.592.23-73.61%2.82
Pepper0.330.91-63.88%1.24
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