South Korea / Vietnam

Overview In January 2025, South Korea exported $4.36B and imported $2.56B from Vietnam, resulting in a positive trade balance of $1.8B. Between January 2024 and January 2025 the exports of South Korea have increased by $170M (4.07%) from $4.19B to $4.36B, while imports decreased by $-84.8M (-3.2%) from $2.65B to $2.56B.

Trade In January 2025, the top exports of South Korea to Vietnam were Electrical machinery and electronics ($2.48B), Plastics & articles thereof ($300M), Mineral fuels, mineral oils and products... ($225M), Machinery, mechanical appliances, & parts ($206M), and Optical, photo, & film equipment; medical... ($139M). In January 2025 the top imports of South Korea from Vietnam were Electrical machinery and electronics ($946M), Machinery, mechanical appliances, & parts ($588M), Non-knitted clothing accesories ($215M), Footwear ($111M), and Knitted clothing accesories ($108M).

Growth In January 2025, the increase in South Korea's year-by-year exports to Vietnam was explained primarily by an increase in product exports in Electrical machinery and electronics ($202M or 8.88%), Plastics & articles thereof ($76.1M or 34.1%), and Optical, photo, & film equipment; medical... ($47.5M or 52.1%). In January 2025, the decrease in South Korea's year-by-year imports  from Vietnam was explained primarily by an decrease in product imports  in Non-knitted clothing accesories ($-37M or -14.7%), Wood, wood articles, & charcoal ($-24.1M or -27.3%), and Knitted clothing accesories ($-23.3M or -17.8%).