Vietnam steel industry records strong growth in import export activities in 2025. According to data from the Vietnam Steel Association, steel export value increased 20% compared to the same period last year.
Main export markets for Vietnamese steel include ASEAN, the Middle East, and Europe. The quality of Vietnamese steel continues to improve, meeting international standards.
Regarding imports, Vietnam still depends on raw materials such as iron ore and coke from Australia and Brazil. The government is encouraging the development of domestic mining industry to reduce import dependence.