Vietnam’s imports of iron and steel products saw a slight decline in June 2025, reaching $695,701,760, a -0.23 percent decrease compared to May 2025 according to data from Vietnam’s General Department of Customs.
Despite the marginal month-on-month decrease, several countries remain vital suppliers to Vietnam, with the year-to-date total for this product category standing at $3,672,898,490.
In June 2025, the top five sources by dollar value for Vietnam’s imports of iron and steel products were:
China
China emerged as the top supplier in June, with import values reaching $503,521,412.
This represents a -0.67 percent month-on-month change from May.
China’s year-to-date total for these imports stands at $2,617,841,658, accounting for 71.27 percent of all YTD imports in this category.
South Korea
South Korea followed as the second-largest source, with June imports valued at $59,061,574.
This figure indicates a -8.69 percent month-on-month change.
South Korea’s year-to-date total for these imports is $357,499,450, representing 9.73 percent of the total YTD imports for this product category.
Japan
Japan secured the third position in June with imports totaling $43,278,706.
This indicates a 26.47 percent month-on-month change.
Its year-to-date contribution to Vietnam’s imports of iron and steel products is $211,366,804, making up 5.75 percent of the total YTD imports.
Taiwan
Taiwan contributed $14,659,594 worth of iron and steel products in June.
Notably, Taiwan experienced a -12.00 percent month-on-month decrease.
Taiwan’s year-to-date total for these imports is $92,218,933, accounting for 2.51 percent of the total YTD imports for this product.
Thailand
Thailand rounded out the top five import sources with $13,459,469 in June imports.
This country saw a -0.53 percent month-on-month decrease.
Thailand’s year-to-date total for these imports is $73,872,252, representing 2.01 percent of the total YTD imports for this category.
See also: Can Vietnam Survive the Steel-Trade Wars?
Vietnam’s imports of iron and steel products, US$ millions
| June | May | MoM | YTD | % of YTD | |
| Total | 695.70 | 697.32 | -0.23% | 3,672.90 | 100.00% |
| Other | 6.48 | 7.23 | -10.36% | 34.09 | 0.93% |
| China | 503.52 | 506.90 | -0.67% | 2,617.84 | 71.27% |
| South Korea | 59.06 | 64.68 | -8.69% | 357.50 | 9.73% |
| Japan | 43.28 | 34.22 | 26.47% | 211.37 | 5.75% |
| Taiwan | 14.66 | 16.66 | -12.00% | 92.22 | 2.51% |
| Thailand | 13.46 | 13.53 | -0.53% | 73.87 | 2.01% |
| USA | 9.06 | 8.65 | 4.74% | 51.56 | 1.40% |
| Germany | 7.07 | 5.90 | 19.86% | 36.05 | 0.98% |
| Italy | 4.88 | 3.65 | 33.80% | 18.57 | 0.51% |
| Malaysia | 4.29 | 4.43 | -3.27% | 25.71 | 0.70% |
| Philippines | 3.90 | 1.56 | 150.44% | 12.25 | 0.33% |
| Russia | 3.89 | 7.74 | -49.83% | 23.34 | 0.64% |
| India | 3.32 | 2.90 | 14.54% | 22.95 | 0.62% |
| Indonesia | 3.07 | 1.10 | 179.94% | 9.37 | 0.26% |
| UK | 2.68 | 1.47 | 82.52% | 8.99 | 0.24% |
| Netherlands | 2.55 | 2.62 | -2.82% | 12.26 | 0.33% |
| Sweden | 2.09 | 1.31 | 59.98% | 7.20 | 0.20% |
| Singapore | 1.38 | 1.78 | -22.46% | 8.73 | 0.24% |
| France | 1.17 | 1.48 | -21.23% | 7.92 | 0.22% |
| Poland | 1.08 | 1.05 | 2.57% | 4.57 | 0.12% |
| Norway | 0.88 | 1.32 | -33.42% | 4.00 | 0.11% |
| Switzerland | 0.79 | 1.02 | -22.24% | 5.20 | 0.14% |
| Belgium | 0.74 | 0.08 | 794.45% | 1.73 | 0.05% |
| Spain | 0.70 | 1.89 | -62.84% | 9.49 | 0.26% |
| Austria | 0.63 | 1.06 | -40.06% | 3.88 | 0.11% |
Czech Republic | 0.39 | 0.29 | 35.36% | 1.80 | 0.05% |
| Denmark | 0.35 | 2.06 | -83.07% | 7.19 | 0.20% |
| Australia | 0.19 | 0.30 | -37.58% | 1.58 | 0.04% |
| Canada | 0.08 | 0.34 | -75.52% | 1.23 | 0.03% |
| Hong Kong | 0.06 | 0.06 | 2.13% | 0.37 | 0.01% |
| Ukraine | 0.00 | 0.04 | -100.00% | 0.07 | 0.00% |