In February, Vietnam imported US$134.11 million worth of goods from Italy, down from US$194.49 million in January, a change of -31.04 percent, according to preliminary data from Vietnam’s General Department of Customs.
So far this year, Vietnam has imported US$329 million worth of goods from Italy.
Vietnam imported US$36.09 million worth of other products from Italy in February, down from US$45.45 million in January, a change of -20.58 percent.
Vietnam imported US$31.04 million worth of machinery, equipment, tools and instruments from Italy in February, down from US$52.27 million, a change of -40.62 percent.
Vietnam imported US$15.22 million worth of textile and footwear materials, US$11.91 million of pharmaceutical products, and US$10.39 million of fabrics, with only fabrics rising month on month.
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Vietnam’s trade with Italy this year
In February, Vietnam imported goods worth US$134.11 million from Italy and exported US$388.78 million, bringing total trade to US$522.89 million and resulting in a trade surplus of US$254.67 million.
Two-way trade so far this year between Vietnam and Italy has reached US$1,134.16 million, with Vietnam importing US$328.64 million worth of goods and exporting US$805.52 million.
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Vietnam-Italy news
Recent developments in trade and investment between the two countries include:
Exports to Italy in February
In February, Vietnam exported US$389 million worth of goods to Italy, down 6.59 percent over January, according to preliminary data from Vietnam’s General Department of Customs. Read more→
Italian bank meets with Deputy PM
Vietnam Deputy Prime Minister Nguyen Chi Dung has met Italy’s largest bank Intesa Sanpaolo, to discuss expanding its operations in Vietnam.
Intesa Sanpaolo noted major projects, including infrastructure, energy, and green transition initiatives, as areas of interest. Read more→
See the latest Vietnam news headlines→
Vietnam-Italy trade relations
Vietnam–Italy trade relations are supported by the European Union–Vietnam Free Trade Agreement, which has reduced tariffs and improved market access.
Bilateral trade is driven by Vietnam’s exports of textiles, footwear, electronics and agricultural products, while Italy supplies machinery, chemicals and industrial inputs.
Italy is a key European partner for Vietnam, particularly in manufacturing cooperation, technology transfer and high-value industrial sectors.
However, trade remains below potential due to logistical barriers, regulatory differences and limited market penetration by small and medium-sized enterprises.
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The data
Vietnam imports from Italy in February US$m
| February | January | MoM | YTD | |
| Total | 134.11 | 194.49 | -31.04% | 328.64 |
| Other products | 36.09 | 45.45 | -20.58% | 81.55 |
| Machine, equipment, tools and instruments | 31.04 | 52.27 | -40.62% | 83.32 |
| Textile and footwear materials | 15.22 | 15.33 | -0.73% | 30.55 |
| Pharmaceutical products | 11.91 | 30.19 | -60.56% | 42.14 |
| Fabrics | 10.39 | 9.80 | 6.03% | 20.19 |
| Computers | 9.29 | 11.96 | -22.33% | 21.24 |
| Chemical products | 6.95 | 8.33 | -16.58% | 15.29 |
| Plastic products | 2.56 | 3.78 | -32.41% | 6.34 |
| Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 2.12 | 3.57 | -40.73% | 5.69 |
| Chemicals | 1.58 | 1.05 | 50.02% | 2.63 |
| Iron and steel products | 1.52 | 2.74 | -44.52% | 4.22 |
| Electric consumer products and parts thereof | 0.98 | 0.86 | 14.38% | 1.84 |
| Wood and wooden products | 0.84 | 1.27 | -34.09% | 2.11 |
| Rubber products | 0.79 | 0.82 | -3.92% | 1.63 |
| Plastics | 0.74 | 1.72 | -57.03% | 2.46 |
| Paper | 0.61 | 0.79 | -23.20% | 1.40 |
| Animal fodders and animal fodder materials | 0.45 | 1.88 | -75.93% | 2.34 |
| Parts and accessories of motor vehicles | 0.41 | 0.68 | -39.80% | 1.10 |
| Other base metals | 0.35 | 0.85 | -58.63% | 1.20 |
| Iron and steel | 0.24 | 0.46 | -46.87% | 0.70 |
| Pharmaceutical materials | 0.04 | 0.67 | -94.76% | 0.71 |
| Tobacco materials | 0.00 | 0.00 | 0.00% | 0.00 |
Vietnam trade with Italy year to date US$m
| February | January | MoM | YTD | |
| Imports | 134.11 | 194.49 | -31.04% | 328.64 |
| Exports | 388.78 | 416.19 | -6.59% | 805.52 |
| Total | 522.89 | 610.68 | -14.37% | 1,134.16 |
| Balance | 254.67 | 221.70 | 14.87% | 476.88 |