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Iron and steel

Imports 2025 11.21 billion USD · 2.5% of imports · Chapters 72

40 6-digit HS codes in this sector. Each code has its own report: buyers or suppliers, unit price by market, companies on the same code.

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Steel wire rod coils stacked in a yard under an overhead crane
Exhibit 1

Vietnam's iron and steel imports in 2025 were 3% below 2021

Value, billion USD; change on the year before

  1. 202111.52
  2. 202211.92+3.4%
  3. 202310.43−12.5%
  4. 202412.58+20.7%
  5. 202511.21−10.9%

Quantity in 2025: 16.09 million tonnes; average unit price 697 USD per tonne.

Source: General Statistics Office of Vietnam, monthly trade figures 2021-2025; 2025 is preliminary, updated 25/03/2026.
Exhibit 2

China took 52% of Vietnam's iron and steel imports in 2025

Five largest suppliers, billion USD, and share

  1. China5.8151.8%
  2. Indonesia1.6014.3%
  3. Japan1.4312.8%
  4. South Korea1.3111.7%
  5. Taiwan0.615.4%
Source: General Statistics Office of Vietnam, preliminary 2025 figures, updated 25/03/2026.

Ch. 72Iron and steel40 codes

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