by Flagpictures.org

Vietnam bought US$448.2 billion worth of imported products from around the globe in 2025, up by 35.5% from $330.8 billion five years earlier in 2021.

Year over year, Vietnam’s spending on imports accelerated by 18.2% compared to $379.1 billion one year earlier for 2024.

Based on the average exchange rate for 2025, the Vietnamese dong appreciated by 3.7% against the US dollar from 2024 to 2025. Vietnam’s stronger local currency from 2024 makes Vietnamese imports paid for in weaker US dollars relatively less expensive when converted starting from the Vietnamese dong.

Domestically, Vietnam’s inflation rate for average consumer prices was 3.949% in 2025 down from an average 3.624% for 2024.

The latest available country-specific data from 2024 shows that 83% of products imported by Vietnam were furnished by exporters in: mainland China (34% of the Vietnamese total), South Korea (16.1%), Japan (6.6%), Taiwan (5.7%), United States of America (4.2%), Thailand (3.6%), Indonesia (2.7%), Australia (2.6%), Malaysia (2.4%), India (1.8%), Kuwait (also 1.8%) and Singapore (1.4%).

From continental perspective, Vietnam bought 82.7% of its import purchases from fellow Asian countries. Another 6% was purchased from trade partners in Europe plus 4.8% coming from suppliers in North America.

Smaller percentages originated from Oceania’s Australia and New Zealand (2.9%), Latin America (2.5%) excluding Mexico but including the Caribbean, and Africa (1.2%).

Given Vietnam’s population of 102.2 million people, its total US$448.2 billion in 2025 imports translates to roughly $4,400 in yearly product demand from every person in the East Asian country. That dollar metric exceeds the average $3,750 per capita one year earlier in 2024.

Vietnam’s top 10 imports approached three-quarters (70.9%) of the overall value of the country’s total product purchases from foreign suppliers.

Imported machinery including computers represent the fastest grower among the top 10 import categories, up by 59.2% from 2024 to 2025.

The second-greatest increase among Vietnam’s leading imports was for vehicles via a 48.7% gain.

Trailing that were imports of electrical machinery and equipment recording a 35.8% advance and imported optical, technical or medical apparatus via a 22.8% upturn.

Posting double-digit percentage declines among the top 10 Vietnamese import categories were mineral fuels including oil (down -45.2% from 2024), items made from iron or steel (down -11.7%) then iron and steel metals (down -11.6%).

Please note that the results listed above are at the 2-digit Harmonized Tariff System code level. Information presented below is at the more granular 4-digit level.

Among these import subcategories, Vietnamese purchases of electrical converters or power units (up 49.1%), electric storage batteries (up 48.4%) then integrated circuits and microassemblies (up 41.8%) grew at the fastest pace from 2024 to 2025.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported electronics among businesses and consumers in Vietnam.

Among these import subcategories, Vietnamese purchases of turbo-jets (up 6,333%), computer parts or accessories (up 348.2%) then miscellaneous machinery (up 91.4%) grew at the fastest pace from 2024 to 2025.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported machinery including computers among Vietnamese businesses and consumers.

Among these import subcategories, Vietnamese purchases of plastic packing goods, lids and caps (up 45.3%), plastic plates, sheets, film, tape and strips (up 21.3%) then vinyl chloride polymers (up 12.4%) grew at the fastest pace from 2024 to 2025.

These amounts and the percentage gain(s) within parenthesis clearly show where the strongest demand lies for different types of imported plastics and plastic articles among Vietnamese businesses and consumers.

Among these import subcategories, Vietnamese purchases of processed petroleum oils (down -7.9%), coke or semi-coke (down -8.7%) then petroleum jelly and mineral waxes (down -10.2%) declined at the slowest pace from 2024 to 2025.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported mineral fuel related products.
 

See also Vietnam’s Top 10 Exports, Vietnam’s Top Trading Partners, Rice Exports by Country, China’s Top 10 Exports and Top Asian Export Countries

Research Sources:
Central Intelligence Agency, The World Factbook report on East Asia/Southeast Asia: Vietnam. Accessed on July 9, 2026

International Monetary Fund, Exchange Rates selected indicators (Domestic Currency per U.S. dollar, period average). Accessed on July 9, 2026

International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on July 9, 2026

International Trade Centre, Trade Map. Accessed on July 9, 2026