Iron & steel in   Vietnam

Exports In 2023, Vietnam exported $6.8B in Iron & steel, making it the 22nd largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 8th most exported product in Vietnam. The main destination of Iron & steel exports from Vietnam are: Italy ($1.02B), India ($877M), Malaysia ($597M), Indonesia ($499M), and United States ($411M).

The fastest growing export markets for Iron & steel of Vietnam between 2022 and 2023 were India ($646M), Italy ($290M), and Saudi Arabia ($178M).

Imports In 2023, Vietnam imported $11.1B in Iron & steel, becoming the 15th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 5th most imported product in Vietnam. Vietnam imports Iron & steel primarily from: China ($6.08B), Japan ($1.99B), Indonesia ($1.06B), Chinese Taipei ($561M), and United States ($382M).

The fastest growing import markets in Iron & steel for Vietnam between 2022 and 2023 were China ($1.11B), Belgium ($7.82M), and Luxembourg ($3.43M).

COMPANIES In 2024, leading companies such as Samsung (19), Euromarket Designs (15), and Hyosung (13) were at the forefront of shipping Iron & steel from Vietnam to the United States.