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

Vietnam 2025 Mar Trade Data Key Takeaways

Vietnam’s trade data reveals a manufacturing-driven economy, with electronics and machinery dominating both exports (35.55% HS 85) and imports (38.69% HS 85), while footwear and apparel remain key export sectors. Geographically, exports are diversified across the U.S. and China, but imports heavily rely on China, exposing supply chain risks. March 2025 saw robust growth, with exports up 14.5% YoY and a $1.63B surplus, reflecting momentum from trade agreements. This analysis of Vietnam’s import-export data covers March 2025, sourced from cleanly processed Customs data in the yTrade database.

Vietnam Trade Data Overview in Mar 2025

Vietnam's export-driven economy continued its strong performance in March 2025. Exports totaled $38.51 billion, growing 14.5% year-on-year and surging 23.8% from the previous month, while imports hit $36.88 billion, up 40% annually and gaining 12.9% sequentially. This resulted in a trade surplus of $1.63 billion. The robust activity reflects ongoing momentum from the US-Vietnam Framework for Reciprocal Trade, which has enhanced market access and supported Vietnam's push into the world's top 15 trading powers.

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

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Vietnam Top Trading Products in Mar 2025

Vietnam Global Trade Core Summary

Vietnam's trade is heavily driven by manufacturing, with electronics and machinery dominating both exports and imports. Exports are led by electrical machinery (HS 85) at 35.55% share, followed by nuclear reactors (HS 84) and footwear (HS 64). Imports also rely on electrical machinery (HS 85) at 38.69%, alongside machinery parts (HS 84) and plastics (HS 39). The trade structure shows a strong focus on assembly and processing, with high dependence on imported components for export production. Key takeaways:

• Electronics and machinery dominate trade flows.
• Footwear and apparel remain significant export sectors.
• Heavy reliance on imported inputs for manufacturing.

Vietnam Export-Import Structural Gap

Vietnam's trade shows a clear processing-trade pattern: it imports components (e.g., electrical parts) and exports finished goods (e.g., machinery, footwear). The overlap in HS 85 and HS 84 for both exports and imports underscores this assembly-driven model. While exports include consumer goods like apparel, imports focus on industrial inputs, revealing limited domestic production capacity for high-tech components. This gap highlights opportunities for Vietnam to move up the value chain by localizing more production stages.

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

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Vietnam Top Trading Countries in Mar 2025

Vietnam Global Trade Key Patterns

Vietnam’s trade flows show a mix of concentration and diversification. Exports are led by the United States ($11.8B) and China ($5.3B), which together account for a significant share, indicating strong reliance on these two markets. Imports are heavily dependent on China ($14.8B), followed by Korea ($4.9B), suggesting a single-supplier dominance for key inputs. The export market includes both mature (U.S., EU) and emerging (India, Thailand) economies, while imports are largely Asia-centric. Key asymmetries include higher export growth to the U.S. (+30.7%) versus slower import growth from the U.S. (+4.7%), and Vietnam’s heavy import dependence on China (+30.8%).

• Top exports: U.S. and China dominate.
• Top imports: China is the primary supplier.
• Regional focus: Exports span globally; imports are Asia-heavy.
• Growth gaps: Exports to India (+31.4%) and Thailand (+40.0%) surge; imports from Taiwan (+11.3%) and Malaysia (+18.0%) rise.

Vietnam Export–Import Geographic Gap

Vietnam’s exports are more globally diversified than imports, which lean heavily on China. The U.S. is the top export destination but a minor import source, indicating one-way trade. Overlapping partners (China, Korea, Thailand) suggest processing trade, where inputs are imported, assembled, and re-exported. The structure shows upstream dependency (Asia-centric imports) and downstream diversification (global exports), typical of export-led economies. Balancing import sources and deepening regional supply chains could reduce risks.

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 Mar?

Vietnam's top exports in March 2025 were electrical machinery ($42.57B, 35.55%), machinery/mechanical equipment ($15.21B, 12.70%), and footwear ($6.26B, 5.23%), based on HS code data.

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

Vietnam primarily imported electrical machinery ($45.99B, 38.69%), machinery/mechanical equipment ($9.13B, 7.68%), and plastics ($6.96B, 5.86%) in March 2025.

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

The US ($11.8B), China ($5.3B), and South Korea ($2.4B) were Vietnam's largest export markets, all showing double-digit monthly growth.

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

China ($14.8B), South Korea ($4.9B), and Taiwan ($2.4B) were Vietnam's top import sources, with China's imports growing 30.8% month-on-month.

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

While China dominates both exports (18.5% share) and imports (40.1% share), Vietnam maintains diversified trade with 8+ major partners showing >20% monthly growth.

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

Vietnam achieved a $1.63B trade surplus, with exports ($38.51B) and imports ($36.88B) both growing strongly (14.5% and 40% YoY respectively).