Vietnam’s exports to Italy totalled US$469.68 million in October, reflecting a robust increase of 35.62 percent month-on-month. Year-to-date exports to Italy reached US$4.15 billion, according to Vietnam’s General Department of Customs.
Iron and steel recorded the most notable growth, surging by 413.63 percent to US$99.65 million. Machinery, equipment, tools, and instruments also saw a strong increase of 79.79 percent, contributing US$67.30 million. Footwear exports grew by 41.50 percent, reaching US$57.11 million, while plastics increased by 32.44 percent to US$11.15 million.
Wood and wooden products posted a growth of 40.91 percent, totalling US$1.27 million. Textiles and garments also performed well, rising by 31.11 percent to US$31.84 million.
Conversely, certain sectors experienced declines. Rubber exports fell significantly by 69.57 percent to US$1.55 million, while handbags, purses, and suitcases dropped by 16.97 percent to US$6.48 million. Telephones and mobile phones saw a decrease of 10.27 percent, amounting to US$39.68 million.
The sharp growth in key sectors like iron and steel, machinery, and footwear demonstrates Vietnam’s strengthening trade ties with Italy, despite challenges in some categories.
See also: Trade in Vietnam
Vietnam’s exports to Italy, October vs. September 2024, US$
October | September | MoM | YTD | |
Total | 469,680,184 | 346,318,955 | 35.62% | 4,146,459,214 |
Iron and steel | 99,653,687 | 19,401,882 | 413.63% | 744,983,695 |
Computers, electrical products, spare-parts and | 69,732,692 | 48,445,597 | 43.94% | 467,420,101 |
Telephones, mobile phones and parts thereof | 39,675,059 | 44,217,017 | -10.27% | 451,906,752 |
Machine, equipment, tools and instruments | 67,302,003 | 37,433,176 | 79.79% | 384,444,262 |
Coffee | 15,737,044 | 22,123,604 | -28.87% | 369,190,660 |
Foot-wears | 57,111,215 | 40,362,027 | 41.50% | 356,044,825 |
Other means of transportation, parts and | 20,108,171 | 33,705,228 | -40.34% | 299,288,812 |
Textiles and garments | 31,842,361 | 24,286,119 | 31.11% | 282,941,759 |
Other products | 18,826,372 | 23,286,455 | -19.15% | 273,649,031 |
Plastics | 11,149,338 | 8,418,521 | 32.44% | 82,883,226 |
Fishery products | 5,038,427 | 6,702,209 | -24.82% | 78,467,795 |
Handbags, purses, suit-cases, headgear and | 6,482,677 | 7,807,982 | -16.97% | 75,031,256 |
Iron and steel products | 4,194,770 | 3,829,725 | 9.53% | 41,054,658 |
Textile, leather and foot-wear materials and | 3,644,482 | 3,310,873 | 10.08% | 35,719,442 |
Cashew nut | 3,127,573 | 3,051,396 | 2.50% | 30,006,548 |
Chemicals | 2,266,776 | 3,934,538 | -42.39% | 22,390,299 |
Plastic products | 2,595,257 | 1,996,980 | 29.96% | 21,348,486 |
Rubber | 1,553,161 | 5,104,155 | -69.57% | 20,525,351 |
Toys and sports requisites; parts and accessories | 1,098,347 | 995,540 | 10.33% | 19,325,552 |
Rubber products | 1,367,804 | 1,940,459 | -29.51% | 18,095,963 |
Yarn | 1,462,052 | 1,278,715 | 14.34% | 17,037,730 |
Wood and wooden products | 1,272,025 | 902,747 | 40.91% | 14,834,651 |
Bamboo and rattan products | 1,472,435 | 793,814 | 85.49% | 12,946,648 |
Fruits and vegetables | 1,432,856 | 1,360,528 | 5.32% | 11,017,682 |
Ceramic products | 852,795 | 973,287 | -12.38% | 8,491,717 |
Pepper | 680,806 | 656,382 | 3.72% | 7,412,313 |