Contents
ToggleIn February, Vietnam exported US$2,456 million worth of goods to South Korea, down 7.76 percent over January, according to preliminary data from Vietnam’s General Department of Customs.
So far this year, Vietnam has exported US$5,119 million worth of goods to South Korea.
Vietnam exported US$705.51 million worth of computers to South Korea in February, down from US$878.42 million in January, a change of 19.68 percent.
It also exported US$705.41 million worth of phones to South Korea in February, up from US$407.30 million in January, a change of 73.19 percent.
Vietnam exported US$210.32 million worth of textiles and garments to South Korea in February, down from US$264.88 million in January, a change of 20.60 percent.
It also exported US$196.26 million worth of machinery, equipment, tools, and instruments to South Korea in February, down from US$270.97 million in January, a change of 27.57 percent.
Vietnam exported US$155.85 million worth of other means of transportation, parts and accessories thereof to South Korea in February, up from US$150.36 million in January, a change of 3.65 percent.
Learn more about manufacturing in Vietnam→
Vietnam trade with South Korea YTD
In February, Vietnam imported US$5,534.47 million worth of goods from South Korea and exported US$2,456.24 million to South Korea, for total trade worth US$7,990.70 million, and leaving a trade deficit of US$3,078.23 million.
Two-way trade so far this year between Vietnam and South Korea has reached US$16,756 million, with Vietnam importing US$11,637 million worth of goods and exporting US$5,119 million worth of goods.
Discover more about trade in Vietnam→
Vietnam-South Korea news
Recent developments involving the two countries include:
Imports from South Korea in February
In February, Vietnam imported US$5,534.47 million worth of goods from South Korea, down from US$6,089.06 million in January, a change of -9.11 percent, according to preliminary data from Vietnam’s General Department of Customs. Read more→
Aus. + SK rare earth development VN
Australia’s Lynas Rare Earths Ltd. and South Korea’s LS Cable and System Ltd. will explore developing a rare earths metals production plant in Vietnam to expand downstream processing capacity.
The facility would allow Lynas to convert rare earth oxides from its Malaysia plant and Australian mine into finished metals used in permanent magnets. Read more→
See the latest Vietnam news headlines→
Vietnam-South Korea trade relations
Vietnam and South Korea have developed one of Southeast Asia’s closest economic partnerships, driven by deep trade and investment ties.
Bilateral trade has expanded rapidly under the Vietnam–Korea Free Trade Agreement, which has reduced tariffs and strengthened supply chain integration between the two economies.
South Korea is one of Vietnam’s largest foreign investors, particularly in electronics, manufacturing, and consumer goods, with major conglomerates anchoring export production.
Trade flows are highly complementary, with Vietnam exporting electronics, textiles, and agricultural products, while importing machinery, components, and industrial inputs from South Korea.
Explore starting a business in Vietnam→
The data
Vietnam trade with South Korea year to date February 2026 US$m
| February | January | Change | YTD | |
| Imports | 5,534.47 | 6,089.06 | -9.11% | 11,636.80 |
| Exports | 2,456.24 | 2,662.80 | -7.76% | 5,119.05 |
| Total | 7,990.70 | 8,751.87 | -8.70% | 16,755.85 |
| Balance | -3,078.23 | -3,426.26 | -10.16% | -6,517.74 |
Vietnam exports to South Korea in February 2026 US$m
| February | January | Change | YTD | |
| Total | 2,456.24 | 2,662.80 | -7.76% | 5,119.05 |
| Computers | 705.51 | 878.42 | -19.68% | 1,583.94 |
| Phones | 705.41 | 407.30 | 73.19% | 1,112.72 |
| Textiles and garments | 210.32 | 264.88 | -20.60% | 475.21 |
| Machine, equipment, tools and instruments | 196.26 | 270.97 | -27.57% | 467.23 |
| Other means of transportation, parts and accessories thereof | 155.85 | 150.36 | 3.65% | 306.21 |
| Other products | 98.52 | 142.91 | -31.06% | 241.47 |
| Footwear | 52.36 | 63.41 | -17.43% | 115.77 |
| Fishery products | 37.69 | 76.73 | -50.88% | 114.42 |
| Wood and wood products | 37.31 | 57.94 | -35.61% | 95.24 |
| Other base metals and other base metal products | 28.98 | 35.78 | -19.00% | 64.76 |
| Insulated wires and cables | 25.79 | 37.20 | -30.67% | 62.99 |
| Yarn | 21.98 | 26.03 | -15.57% | 48.01 |
| Still image, video cameras and parts thereof | 20.11 | 30.46 | -33.98% | 50.57 |
| Fruits and vegetables | 17.37 | 25.39 | -31.58% | 42.76 |
| Chemical products | 15.85 | 28.56 | -44.49% | 44.39 |
| Plastic products | 15.36 | 23.21 | -33.83% | 38.56 |
| Chemicals | 15.18 | 14.58 | 4.08% | 29.76 |
| Iron and steel products | 12.49 | 17.26 | -27.64% | 29.75 |
| Crude oil | 11.19 | 0.00 | 0.00% | 11.19 |
| Iron and steel | 9.77 | 9.65 | 1.23% | 19.42 |
| Handbags, purses, suitcases, headgear and umbrellas | 9.33 | 17.01 | -45.16% | 26.34 |
| Coffee | 7.03 | 19.14 | -63.29% | 26.17 |
| Textile and footwear materials | 5.88 | 9.50 | -38.17% | 15.38 |
| Rubber | 5.81 | 9.66 | -39.85% | 15.46 |
| Rubber products | 5.69 | 8.55 | -33.48% | 14.23 |
| Fertilizers | 5.56 | 1.70 | 227.04% | 7.26 |
| Pastry, sweets and cereals products | 5.39 | 6.99 | -22.99% | 12.38 |
| Tyre cord fabrics and other fabrics for technical uses | 3.82 | 5.33 | -28.22% | 9.15 |
| Toys and sporting goods | 2.57 | 4.87 | -47.21% | 7.44 |
| Paper and paper products | 2.25 | 3.80 | -40.66% | 6.05 |
| Plastics | 2.24 | 4.27 | -47.70% | 6.51 |
| Pepper | 1.52 | 3.56 | -57.17% | 5.08 |
| Ceramic products | 1.51 | 1.94 | -22.06% | 3.46 |
| Glass and glassware | 1.26 | 1.49 | -15.38% | 2.74 |
| Bamboo and rattan products | 0.92 | 1.25 | -26.35% | 2.17 |
| Animal fodders and animal fodder materials | 0.71 | 0.99 | -28.08% | 1.70 |
| Precious stones, precious metal and articles thereof | 0.63 | 1.45 | -56.45% | 2.08 |
| Coal | 0.60 | 0.00 | 0.00% | 0.60 |
| Manioc and manioc products | 0.23 | 0.15 | 51.52% | 0.38 |
| Ores and other minerals product | 0.00 | 0.10 | -100.00% | 0.10 |
| Petroleum products | 0.00 | 0.00 | 0.00% | 0.00 |