Exports In 2022, Vietnam exported $8.67B in Iron & steel, making it the 21st 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: United States ($1.07B), Cambodia ($900M), Italy ($721M), Malaysia ($668M), and South Korea ($624M).
The fastest growing export markets for Iron & steel of Vietnam between 2021 and 2022 were South Korea ($275M), Italy ($231M), and Singapore ($208M).
Imports In 2022, Vietnam imported $14.1B in Iron & steel, becoming the 13th 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 ($5.43B), Japan ($2.24B), South Korea ($1.38B), Indonesia ($1.12B), and Chinese Taipei ($1.02B).
The fastest growing import markets in Iron & steel for Vietnam between 2021 and 2022 were Indonesia ($525M), China ($520M), and Malaysia ($59.3M).
COMPANIES In 2023, leading companies such as Home Depot (210), Hyosung (43), and Mattel (28) were at the forefront of shipping Iron & steel from Vietnam to the United States.