Vietnam Trade Data in 2025 Feb —— Import & Export Summary

Vietnam 2025 Feb Trade Data Key Takeaways

Vietnam’s trade data reveals a manufacturing-driven economy, with electronics and machinery (HS 85 & 84) dominating both exports and imports, highlighting a processing-trade model. The U.S. and China lead export markets, while imports rely heavily on China and East Asia, creating geographic supply chain risks. February 2025 saw exports hit $31.11B (+25.7% YoY) but a $1.55B deficit as imports surged 40%, reflecting strong demand for production inputs. This analysis of Vietnam import-export data covers February 2025, based on cleanly processed Customs data from the yTrade database.

Vietnam Trade Data Overview in Feb 2025

Vietnam's export-driven economy, now a top global trade power, saw its February 2025 trade data reflect continued strong momentum. Exports totaled $31.11 billion, growing 25.7% year-on-year but slipping 6.2% month-on-month, while imports surged to $32.66 billion, up 40% from a year earlier and rising 8.4% from January. This resulted in a trade deficit of $1.55 billion. The sustained import growth is largely driven by capital goods and inputs for its manufacturing sector, supported by major trade agreements and domestic reforms aimed at attracting foreign investment and boosting high-tech exports.

Table: Vietnam Global Trade Key Metrics Overview (Source: yTrade)

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Vietnam Top Trading Products in Feb 2025

Vietnam Global Trade Core Summary

Vietnam's trade is heavily driven by manufacturing, with electronics and machinery dominating both exports and imports. The top 10 export categories account for over 70% of total exports, led by electrical machinery (HS 85) at 36.05% and nuclear reactors/machinery (HS 84) at 12.29%. Imports are similarly concentrated, with electrical machinery (HS 85) making up 38.79% and machinery/mechanical appliances (HS 84) at 7.48%. Key takeaways:

• High dependence on electronics and machinery for trade.
• Export mix leans toward finished goods, while imports include raw materials like plastics and fuels.
• Significant overlap in HS 85 and 84, suggesting a processing-trade model.

Vietnam Export-Import Structural Gap

Vietnam's trade shows a clear pattern: exports of finished goods (electronics, footwear, apparel) and imports of raw materials and components (fuels, plastics, machinery parts). The overlap in HS 85 and 84 points to a processing-trade model, where Vietnam assembles imported inputs for re-export. This structure creates opportunities for industrial upgrading, such as moving into higher-value manufacturing or reducing import dependence. However, it also leaves the economy vulnerable to supply chain disruptions and global demand fluctuations.

Table: Vietnam Top Import & Export Product Categories (Source: yTrade)

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Vietnam Top Trading Countries in Feb 2025

Vietnam Global Trade Key Patterns

Vietnam's trade flows show a mix of concentration and diversification. Exports are led by the United States ($9.1B) and China ($4.2B), accounting for a significant share, while imports are heavily reliant on China ($11.3B) and Korea ($4.8B). Regional patterns highlight strong ties with East Asia for both imports and exports, with the U.S. as a key outlier for exports. The trade structure reveals asymmetries: exports are more globally distributed, while imports are heavily concentrated in a few Asian suppliers. Key takeaways:

• The U.S. and China dominate Vietnam’s export markets.
• China is Vietnam’s top import source by a wide margin.
• East Asia is central to both supply chains and sales.
• Export growth is mixed, with China and Hong Kong rising while others decline.
• Import growth is strong from Thailand, Indonesia, and Kuwait.

Vietnam Export–Import Geographic Gap

Vietnam’s trade structure shows a clear gap: exports are more globally diversified, while imports depend heavily on East Asia, especially China. The U.S. is a major export destination but a minor import source, highlighting downstream diversification. Overlapping countries like China, Korea, and Thailand suggest processing-trade patterns, where Vietnam imports components and re-exports finished goods. The imbalance implies upstream dependency on a few suppliers but downstream strength in reaching varied markets. This could expose Vietnam to supply chain risks but also positions it as a flexible exporter.

Table: Vietnam Top Destiantion & Origin Countries (Source: yTrade)

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Frequently Asked Questions

Q1. What are the major products exported by Vietnam in 2025 Feb?

Vietnam's top exports in February 2025 were electrical machinery (36.05%), nuclear/machinery equipment (12.29%), and footwear (5.34%), totaling $27.01B, $9.21B, and $4.00B respectively.

Q2. What are the main products Vietnam imports in 2025 Feb?

Vietnam primarily imported electrical machinery (38.79%), nuclear/machinery equipment (7.48%), and mineral fuels (5.93%), valued at $29.17B, $5.62B, and $4.46B.

Q3. Which countries are the top destinations for Vietnam's exports in 2025 Feb?

The U.S. ($9.1B), China ($4.2B), and South Korea ($2.2B) were Vietnam’s largest export markets, though shipments to the U.S. declined 13.7% month-on-month.

Q4. Which countries supply most of Vietnam's imports in 2025 Feb?

China ($11.3B), South Korea ($4.8B), and Taiwan ($2.2B) were Vietnam’s top import sources, with Korean imports growing 14.4% month-on-month.

Q5. Does Vietnam rely heavily on any single trading partner in 2025 Feb?

Vietnam’s trade is diversified, with China as the largest partner for both imports ($11.3B) and exports ($4.2B), but the U.S. remains a critical export market ($9.1B).

Q6. How balanced are Vietnam's export and import markets in 2025 Feb?

Vietnam recorded a $1.55B trade deficit in February 2025, with imports ($32.66B) outpacing exports ($31.11B) due to surging demand for manufacturing inputs.