What Does Vietnam Export? A Deep Dive into Vietnam’s Thriving Export Sector

Vietnam has rapidly positioned itself as a leading force in global exports. If you’re wondering “What does Vietnam export?”, the answer lies in a wide range of products such as electrical machinery, footwear, furniture, clothing, and plastic goods. These exports reflect Vietnam’s diverse industrial strengths and its appeal to global markets.

With a solid manufacturing foundation and a growing economy, Vietnam offers modern infrastructure, international-standard industrial parks, and a dynamic workforce, making it a strategic destination for foreign investment and supply chain optimisation.

Vietnam’s strong growth and investment in trade infrastructure cement its status as a vital part of the global supply chain. If you’re looking to source products from Vietnam, VALO Vietnam can help you connect with reliable, export-ready suppliers.

Key Highlights

• Vietnam exports a broad mix of goods, including electronics, apparel, and machinery.

• A robust manufacturing sector supports the country’s economic development.

• VALO Vietnam offers access to trusted Vietnamese suppliers.

Vietnam’s Trade Overview

Vietnam’s rise in international trade is underpinned by its advantageous location and industrial capabilities. With strong ties to global markets like the United States and China, Vietnam maintains a healthy trade surplus, reinforcing its economic stability.

Trade Snapshot

Vietnam’s exports are valued at approximately USD 371 billion, while imports total around USD 359 billion—resulting in a surplus of over USD 12 billion. The country benefits from low applied tariffs (averaging 1.07%) and a 5.66% trade growth rate, illustrating its active participation in the global economy.

Top Export Destinations

Key export markets for Vietnam include the United States, China, South Korea, Japan, and Hong Kong. The U.S. stands as the largest destination for Vietnamese exports, followed closely by China. Main export products to these markets are electronics, garments, and agricultural goods—each playing a vital role in trade expansion and GDP contribution.

Trade’s Role in GDP

Exports are a core contributor to Vietnam’s GDP. In 2022, GDP per capita reached USD 4,086, fuelled by international trade and foreign investment. U.S. investment in particular plays a pivotal role in Vietnam’s development, reflecting its deep integration into global commerce.

From Agriculture to Industry

Vietnam’s trade model has evolved dramatically since the 1990s. Once reliant on agricultural exports, it now boasts a diversified portfolio that includes electronics, machinery, and high-tech goods—underscoring its transformation into a key manufacturing hub.

Interested in sourcing from Vietnam? VALO Vietnam can introduce you to qualified suppliers across major export sectors.

Major Export Sectors in Vietnam

So, what exactly does Vietnam export? Here’s a breakdown of the key industries driving the country’s global trade success.

1. Electronics and Technology

Vietnam has become a major exporter of electronic products, including phones, broadcasting equipment, and integrated circuits. Thanks to collaborations with global tech firms and a strong manufacturing ecosystem, Vietnam is now a competitive hub for electronics production, offering cost-effective solutions for companies worldwide.

2. Textiles and Apparel

Garments and textiles are cornerstones of Vietnam’s export industry. The country is a top supplier of clothing and fabric to global markets, benefiting from free trade agreements and high-quality production standards. Vietnamese textile goods consistently compete with other Asian exporters in terms of price and reliability.

3. Footwear and Leather Goods

Vietnam ranks among the world’s top exporters of footwear and leather products. Modern equipment, skilled labour, and competitive pricing make its shoes and leather goods highly attractive globally. Trade agreements like the CPTPP and EVFTA have further boosted Vietnam’s international sales in this sector, while sustainability is becoming a key focus for future growth.

4. Machinery and Equipment

The export of machinery and equipment, such as computers and mechanical parts, is a rapidly expanding segment. Increased investment in advanced technologies and production facilities is helping Vietnam meet global demand and enhance product quality.

5. Furniture and Wood Products

Vietnamese furniture and wood-based products are gaining global recognition for their quality and craftsmanship. Exports in this sector benefit from the country’s natural timber resources and a shift towards sustainable production. Vietnam’s furniture is popular in Europe, North America, and beyond.

6. Agriculture and Seafood

Agriculture and seafood remain essential to Vietnam’s export economy. The country is a leading supplier of rice, coffee, tea, seafood (fish, shrimp, mollusks), nuts, and animal feed, famous for their high standards and freshness. Vietnam’s varied climate allows for a rich agricultural output that appeals to diverse international tastes.

7. Other Manufactured Goods

Beyond the major sectors, Vietnam also exports steel, plastics, and other manufactured goods. These exports reflect Vietnam’s industrial versatility and capacity to supply reliable, cost-effective products for a global customer base.

VALO Vietnam can help you access trusted suppliers in all these export categories.

Economic Impact of Vietnam’s Exports

Vietnam’s export success has had a transformative effect on its economy, powering growth and increasing foreign investment—though not without challenges.

Driving Economic Growth

Exports are central to Vietnam’s rapid development. Categories like electronics and machinery have seen major growth, machinery exports alone rose by 62.6% recently. This momentum supports Vietnam’s forecasted GDP growth of 6.1% in 2024, while also creating jobs and raising living standards.

Foreign Direct Investment (FDI)

Vietnam attracts strong foreign investment, especially in electronics, manufacturing, and real estate. Its competitive labour costs and favourable trade terms make it an attractive destination for global businesses. FDI fuels technology adoption, infrastructure upgrades, and export competitiveness.

Environmental Concerns

Rapid industrialisation has led to growing environmental issues, including air and water pollution. In response, the government is focusing on eco-friendly manufacturing, green technologies, and stricter regulations to balance growth with sustainability.

Looking Ahead

Vietnam’s export outlook is bright. The government is working to diversify trade partners, improve logistics, and promote renewable energy. Technology and agricultural exports are expected to lead future growth, offering abundant opportunities for global businesses looking to engage with Vietnamese suppliers.

Challenges and Considerations for Exporters

Despite its many strengths, Vietnam’s export industry faces hurdles that businesses should be aware of when considering partnerships or sourcing products.

Trade Regulations

Tariffs and regulatory complexity can create obstacles, particularly for sectors like energy and machinery. Procedures around on-the-spot exports and imports often need refinement. Navigating local regulations with expert support is essential for smooth operations.

Intellectual Property Protection

While progress has been made, Vietnam’s IPR enforcement still presents challenges. Industries like pharmaceuticals and consumer goods should be proactive in securing patents and trademarks to prevent counterfeiting. Collaborating with local legal experts is highly recommended.

Labour Rights and Working Conditions

Industries such as electronics and textiles rely on large workforces, making labour rights a priority. Fair wages, safe conditions, and compliance with international standards are vital for ethical and sustainable sourcing. Brands are increasingly expected to uphold social responsibility through audits and NGO partnerships.

Health and Safety Compliance

For exports like manmade filaments, chemicals, and pharmaceuticals, strict adherence to international health and safety standards is crucial. Certification and quality assurance processes help ensure access to global markets and build trust with international buyers.

For guidance and support, contact VALO Vietnam to connect with verified, export-ready suppliers in Vietnam.

Frequently Asked Questions

What are Vietnam’s top exports?

Leading exports include broadcasting equipment, telephones, electronics, textiles, and footwear.

Which countries are Vietnam’s largest export partners?

Key markets include the United States, China, Japan, South Korea, and various European countries.

What agricultural products does Vietnam export?

Rice, coffee, seafood, tea, nuts, and fruits are among the top agricultural exports.

How have Vietnam’s exports evolved over time?

Vietnam’s exports grew from USD 236 billion in 2017 to USD 399 billion in 2022, making it the 20th largest exporter globally.

What manufactured products are in high demand?

Integrated circuits, machine parts, garments, and leather goods remain highly sought after worldwide.

What role do exports play in the Vietnamese economy?

Exports are a key driver of economic growth, supporting jobs, infrastructure, and rising living standards.