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Vietnam’s exports to Italy see significant growth in October

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$

OctoberSeptemberMoMYTD
Total469,680,184346,318,95535.62%4,146,459,214
Iron and steel99,653,68719,401,882413.63%744,983,695
Computers, electrical products, spare-parts and69,732,69248,445,59743.94%467,420,101
Telephones, mobile phones and parts thereof39,675,05944,217,017-10.27%451,906,752
Machine, equipment, tools and instruments67,302,00337,433,17679.79%384,444,262
Coffee15,737,04422,123,604-28.87%369,190,660
Foot-wears57,111,21540,362,02741.50%356,044,825
Other means of transportation, parts and20,108,17133,705,228-40.34%299,288,812
Textiles and garments31,842,36124,286,11931.11%282,941,759
Other products18,826,37223,286,455-19.15%273,649,031
Plastics11,149,3388,418,52132.44%82,883,226
Fishery products5,038,4276,702,209-24.82%78,467,795
Handbags, purses, suit-cases, headgear and6,482,6777,807,982-16.97%75,031,256
Iron and steel products4,194,7703,829,7259.53%41,054,658
Textile, leather and foot-wear materials and3,644,4823,310,87310.08%35,719,442
Cashew nut3,127,5733,051,3962.50%30,006,548
Chemicals2,266,7763,934,538-42.39%22,390,299
Plastic products2,595,2571,996,98029.96%21,348,486
Rubber1,553,1615,104,155-69.57%20,525,351
Toys and sports requisites; parts and accessories1,098,347995,54010.33%19,325,552
Rubber products1,367,8041,940,459-29.51%18,095,963
Yarn1,462,0521,278,71514.34%17,037,730
Wood and wooden products1,272,025902,74740.91%14,834,651
Bamboo and rattan products1,472,435793,81485.49%12,946,648
Fruits and vegetables1,432,8561,360,5285.32%11,017,682
Ceramic products852,795973,287-12.38%8,491,717
Pepper680,806656,3823.72%7,412,313
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