Vietnam’s steel imports down 9.2 percent in 2025

Wednesday, 07 January 2026 14:55:46 (GMT+3)   |   Istanbul

In December 2025, Vietnam’s steel imports amounted to 1.82 million mt, up by 19.7 percent compared to November, while its scrap imports were recorded at 683,854 mt, increasing by 59.1 percent compared to the same month, according to the data published by Vietnam’s General Department of Customs.

In 2025, Vietnam’s steel imports decreased by 9.2 percent year on year to 16.09 million mt, while its scrap import shipments amounted to 6.25 million mt in the given period, up by 27.2 percent year on year.

Vietnam’s main scrap import sources

Country    December 2025 (mt) Y-o-y change (%) 2025 (mt) Y-o-y change (%)
Japan    327,892 -8.5 3,295,631 26.8
Australia    64,942 96.3 369,525 8.8
US    98,725 109.4 788,146 55.8
Hong Kong    46,470 13.3  374,373 -32.2

Vietnam’s main steel import sources

Country    December 2025 (mt) Y-o-y change (%) 2025 (mt) Y-o-y change (%)
China    851,507 -5.3 9,244,165 -22.5
Japan    195,369 -27.7 2,183,235 -0.3
India     65,988 >1000.0 129,272 -47.5
Taiwan    95,484 27.9 914,865 5.0
South Korea    193,451 1.7 1,693,849 19.0
Indonesia    344,211 259.7 1,514,796 79.8
BoraKadıoğlu
Bora Kadıoğlu
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I graduated from Boğaziçi University with a degree in Translation and Interpreting Studies. I have been working in the iron and steel sector for three years as a content specialist at SteelOrbis, mainly focusing on plant investments, steelmaking technology, and import/export statistics.

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