Latest Insights into Vietnam Import Customs Data & Vietnam Export Customs Data

Latest Insights into Vietnam Import Customs Data & Vietnam Export Customs Data

Vietnam’s customs data tells a very clear story in 2024–2025: the country remains one of Asia’s most export-driven manufacturing economies, with imports closely tied to raw materials, components, and production inputs. When you analyze Vietnam import customs data alongside export customs data, you see a tightly integrated supply chain model that depends on high-volume processing trade and strong global demand.

This report focuses strictly on Vietnam trade data trends, sector performance, market concentration, and structural shifts visible in recent customs figures.

Vietnam Export Customs Data: Performance Snapshot

Vietnam’s total export turnover in 2024 reached approximately USD 403 billion, according to the Vietnam export customs data marking a strong recovery compared to 2023’s softer global demand cycle.

Key Export Sectors (2024)

Based on customs data classification:

• Electronics, computers & components – Largest export category

• Phones & mobile components – Major contributor

• Machinery & mechanical equipment

• Footwear (HS 64)

• Textiles & garments (HS 61 & 62)

• Wood products & furniture

Electronics alone accounted for more than 30% of total export value, reinforcing Vietnam’s role as a manufacturing hub for global technology brands.

Footwear exports contributed approximately USD 22–24 billion, while textiles crossed USD 30 billion again in 2024.

Vietnam Import Customs Data: Production-Driven Imports

Vietnam’s imports are largely industrial-input driven. In 2024, total imports reached roughly USD 327–335 billion, as per Vietnam import data. 

The structure of imports shows:

• Electronic components & semiconductors

• Machinery & industrial equipment

• Textile raw materials

• Plastics & chemical inputs

• Steel & base metals

• Petroleum products

Unlike consumer-heavy import economies, Vietnam’s customs data shows that more than 85% of imports are production-related inputs. This confirms the country’s export-processing economic structure.

Trade Balance Overview

Vietnam maintained a trade surplus of approximately USD 25–30 billion in 2024, driven mainly by strong electronics and manufacturing exports.

Key trade balance insights:

• Surplus with the United States

• Surplus with the European Union

• Deficit with China (due to component imports)

• Moderate deficit with South Korea (electronics parts)

The structural pattern shows Vietnam importing intermediate goods from Asian manufacturing hubs and exporting finished products to Western markets.

Top Export Destinations (2024–2025 Trends)

Vietnam’s export customs data reveals concentrated geographic demand.

United States

• Largest export destination

• Accounts for roughly 28–30% of the total export value

• Major sectors: electronics, footwear, textiles, furniture

European Union

• 15–18% export share

• Strong growth under the EVFTA trade framework

China

• Significant for agricultural products and electronics components

Japan and South Korea

• Stable industrial trade partners

• Balanced export-import relationship

The United States remains Vietnam’s most critical demand driver.

Top Import Origins 

Vietnam’s import customs data shows heavy reliance on Asian production networks.

China

• Largest import partner

• Supplies machinery, raw materials, and electronic components

• Accounts for roughly 33–35% of total imports

South Korea

• Electronics components & industrial inputs

• Major semiconductor-related supplier

Japan

• Machinery & industrial equipment

Taiwan

• Electronic components & plastics

This confirms Vietnam’s position within the broader Asian manufacturing supply chain ecosystem.

HS Code-Based Export Trends

Customs data by HS classification shows clear growth in:

• HS 85 – Electrical machinery and equipment

• HS 84 – Mechanical appliances and machinery

• HS 64 – Footwear

• HS 61 & 62 – Garments

• HS 94 – Furniture

The fastest growth rates in 2024–2025 are visible in high-value electronics and mechanical exports, as per the Vietnam electronics export data by HS code. 

FDI Impact on Customs Data

Foreign Direct Investment companies account for roughly 70–75% of Vietnam’s total export value. Major multinational corporations manufacture and export from Vietnam, significantly influencing customs data trends.

For example:

• Samsung Electronics

• Intel

Large FDI firms dominate high-tech exports, while domestic enterprises are more active in agriculture, seafood, and traditional manufacturing sectors.

2025 Early Trends

Early 2025 customs signals show:

• Continued export growth in electronics

• Stable footwear and garment shipments

• Slight increase in machinery imports

• Gradual improvement in the industrial production index

Monthly volatility exists, but overall trade momentum remains positive.

Key Structural Observations

1. Vietnam is export-dependent, with exports representing over 90% of GDP.

2. Imports are production-focused, not consumer-focused.

3. Trade surplus remains healthy.

4. The U.S. market is critical for finished goods.

5. China is critical for raw materials and components.

6. Electronics dominate value share, but footwear and garments remain labor-intensive pillars.

Conclusion

Vietnam’s import and export customs data in 2024–2025 reflects a mature, export-led manufacturing economy deeply integrated into global supply chains. Exports are powered by electronics, machinery, footwear, and textiles. Imports are driven by production inputs sourced largely from China, South Korea, and Japan. The country maintains a strong trade surplus, particularly with Western consumer markets. In short, Vietnam’s customs data confirms its position as one of Asia’s most strategically important manufacturing and export hubs in 2025.

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