Steel: USA, Japan Vietnam's top export destinations for iron and steel products in July
Vietnam’s exports of iron and steel products totaled $463,101,936 in July 2025, according to the latest data from Vietnam’s General Department of Customs.
This represents a -1.97 percent decrease compared to June, contributing to a year-to-date total of $3,275,491,713.
Here are the top five destinations by dollar value for Vietnam’s iron and steel products exports in July 2025:
USA
The USA was Vietnam’s largest export market for these products in July, with values totaling $152,205,953.
This marks a 13.48 percent month-on-month increase from June.
The USA’s year-to-date total stands at $870,860,422, accounting for 26.59 percent of all YTD exports.
Japan
Japan was the second-largest destination, with July exports valued at $53,534,482.
This represents a 3.11 percent month-on-month increase.
Japan’s year-to-date total for these exports is $360,299,290, making up 11.00 percent of the total YTD exports for this product.
Taiwan
Taiwan secured the third position in July with exports totaling $22,564,848.
This indicates a significant -70.92 percent month-on-month decrease.
Its year-to-date contribution to Vietnam’s exports is $407,965,348, making up 12.46 percent of the total YTD exports.
South Korea
South Korea contributed $19,558,540 worth of iron and steel products in July.
This country saw a 14.10 percent month-on-month increase.
South Korea’s year-to-date total for these exports is $113,149,378, accounting for 3.45 percent of the total YTD exports for this product.
Australia
Australia rounded out the top five export destinations with $18,153,063 in July exports.
This country saw a -20.57 percent month-on-month decrease.
Australia’s year-to-date total for these exports is $142,194,293, representing 4.34 percent of the total YTD exports for this category.
Vietnam’s exports of iron and steel products, US$ millions
| July | June | MoM | YTD | % of YTD | |
| Total | 463.10 | 472.41 | -1.97% | 3,275.49 | 100.00% |
| Other | 34.53 | 26.67 | 29.47% | 210.70 | 6.43% |
| USA | 152.21 | 134.13 | 13.48% | 870.86 | 26.59% |
| Japan | 53.53 | 51.92 | 3.11% | 360.30 | 11.00% |
| Taiwan | 22.56 | 77.60 | -70.92% | 407.97 | 12.46% |
| South Korea | 19.56 | 17.14 | 14.10% | 113.15 | 3.45% |
| Australia | 18.15 | 22.85 | -20.57% | 142.19 | 4.34% |
| Cambodia | 14.39 | 13.36 | 7.72% | 96.77 | 2.95% |
| India | 13.58 | 12.95 | 4.85% | 80.75 | 2.47% |
| Thailand | 12.91 | 11.86 | 8.82% | 75.18 | 2.30% |
| Philippines | 11.90 | 10.71 | 11.06% | 61.67 | 1.88% |
| Germany | 11.75 | 9.57 | 22.68% | 117.66 | 3.59% |
| Canada | 10.55 | 7.46 | 41.50% | 64.59 | 1.97% |
| Poland | 9.28 | 8.26 | 12.46% | 48.66 | 1.49% |
| Netherlands | 8.99 | 8.59 | 4.61% | 57.45 | 1.75% |
| Saudi Arabia | 8.64 | 3.47 | 148.78% | 55.27 | 1.69% |
| China | 7.79 | 8.30 | -6.08% | 53.09 | 1.62% |
| Sweden | 5.04 | 4.82 | 4.46% | 42.47 | 1.30% |
| Indonesia | 4.75 | 3.15 | 50.63% | 23.66 | 0.72% |
| Italy | 4.52 | 4.16 | 8.52% | 31.09 | 0.95% |
| Laos | 4.15 | 5.05 | -17.87% | 44.18 | 1.35% |
| UAE | 4.02 | 2.58 | 55.88% | 24.98 | 0.76% |
| Spain | 3.95 | 2.53 | 56.40% | 20.86 | 0.64% |
| Singapore | 3.82 | 3.76 | 1.39% | 21.77 | 0.66% |
| Malaysia | 3.76 | 3.67 | 2.51% | 52.33 | 1.60% |
| Belgium | 3.38 | 3.61 | -6.50% | 25.60 | 0.78% |
| Finland | 2.80 | 1.61 | 73.68% | 12.61 | 0.38% |
| UK | 2.43 | 2.47 | -1.34% | 17.46 | 0.53% |
| France | 1.95 | 1.65 | 18.31% | 11.73 | 0.36% |
| Hong Kong | 1.69 | 1.85 | -8.27% | 9.64 | 0.29% |
| Denmark | 0.86 | 1.43 | -39.83% | 12.93 | 0.39% |
| Switzerland | 0.85 | 0.89 | -3.71% | 5.75 | 0.18% |
| Brazil | 0.80 | 1.33 | -40.17% | 12.92 | 0.39% |
| Myanmar | 0.79 | 0.58 | 36.94% | 4.68 | 0.14% |
| Greece | 0.77 | 0.67 | 15.15% | 3.69 | 0.11% |
| Mozambique | 0.72 | 0.33 | 117.10% | 2.58 | 0.08% |
| Romania | 0.43 | 0.64 | -33.53% | 26.55 | 0.81% |
| Czech Republic | 0.43 | 0.30 | 41.81% | 1.83 | 0.06% |
| South Africa | 0.36 | 0.16 | 133.07% | 2.40 | 0.07% |
| Argentina | 0.22 | 0.08 | 195.11% | 1.15 | 0.04% |
| Norway | 0.09 | 0.07 | 28.37% | 0.88 | 0.03% |
| Pakistan | 0.06 | 0.00 | 0.00% | 0.36 | 0.01% |
| Kuwait | 0.05 | 0.00 | 0.00% | 0.49 | 0.01% |
| Bangladesh | 0.05 | 0.05 | 11.85% | 1.09 | 0.03% |
| Iceland | 0.02 | 0.00 | 0.00% | 0.27 | 0.01% |
Brunei Darussalam | 0.00 | 0.00 | 0.00% | 0.10 | 0.00% |
| Kazakhstan | 0.00 | 0.00 | 0.00% | 0.03 | 0.00% |
| Lithuania | 0.00 | 0.12 | -100.00% | 43.17 | 1.32% |
