Iron and steel

Exports 2025 6.63 billion USD · 1.4% of exports · Chapters 72

24 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 sheet coil on forklift tines in a warehouse
Exhibit 1

Vietnam's iron and steel exports in 2025 were 44% below 2021

Value, billion USD; change on the year before

  1. 202111.80
  2. 20227.99−32.2%
  3. 20238.35+4.5%
  4. 20249.08+8.7%
  5. 20256.63−27.0%

Quantity in 2025: 10.06 million tonnes; average unit price 659 USD per tonne.

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

Cambodia took 13% of Vietnam's iron and steel exports in 2025

Five largest markets, million USD, and share

  1. Cambodia83212.6%
  2. India71610.8%
  3. Italy68010.3%
  4. United States5318.0%
  5. Malaysia4186.3%
Source: General Statistics Office of Vietnam, preliminary 2025 figures, updated 25/03/2026.

Ch. 72Iron and steel24 codes