Top Export Products from South Korea to Vietnam

10-Feb-2025

Overview

Vietnam
 

> Electrical Equipment: 20%

> Textiles: 18%

> Footwear: 12%

> Machinery: 10%

> Furniture: 8%

> Coffee: 7%

> Seafood: 6%

> Rubber: 5%

> Plastics: 4%

> Rice: 3%

These top 10 export items represented a significant 93% of Vietnam's total export value for 2023. When analyzing Vietnam's customs records, it's evident that the fastest-growing export categories were Electrical Equipment (USD 20 billion), Textiles (USD 18 billion), and Footwear (USD 12 billion) showing a robust upward trend. Conversely, the declining sectors in the export landscape included products of the Electrical Equipment, Textiles, Machinery, as well as Footwear.

For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Vietnam’s top 10 export commodities for 2023.

YOY and MOM comparison of growth and share of top Export Products from south-korea to vietnam
Export Products from south-korea to vietnam
100
Top Products 2023 2022 Growth% 2023 Share 2022 Share
Parts and accessories of the motor vehicles of headings 8701 to 8705

HSN Code:  87082995   87089980   87081090  
Exporters : Vietnam Exporters 752
Vietnam Exporters Shipment 1,179,914
Value $581,231,912.33 $879,842,143.59 redDownArrow -33.94% 1.00%
Shipment 335,961 431,599 redDownArrow -22.16% 6.81%
Other articles of plastics and articles of other materials of headings 3901 to 3914

HSN Code:  39269099   39262090   39263000  
Exporters : Vietnam Exporters 10,076
Vietnam Exporters Shipment 1,007,067
Value $475,721,442.42 $439,453,923.58 greenUpArrow 8.25% 0.82%
Shipment 360,575 299,043 greenUpArrow 20.58% 7.31%
Electrical apparatus for switching or protecting electrical circuits, Or for making connections to or in electrical circuits (for example, Switches, Relays, Fuses, Surge suppressors, Plugs, Sockets, Lamp-holders and other connectors, Junction boxes), For

HSN Code:  85369012   85369019   85369099  
Exporters : Vietnam Exporters 5,368
Vietnam Exporters Shipment 680,792
Value $731,554,065.78 $7,689,327,361.54 redDownArrow -90.49% 1.26%
Shipment 247,761 189,920 greenUpArrow 30.46% 5.02%
Screws, Bolts, Nuts, Coach-screws, Screw hooks, Rivets, Cotters, Cotter-pins, Washers (including spring washers)and similar articles, Of iron or steel - threaded articles :

HSN Code:  73181510   73181610   73181590  
Exporters : Vietnam Exporters 4,348
Vietnam Exporters Shipment 502,949
Value $125,574,695.32 $120,632,825.26 greenUpArrow 4.10% 0.22%
Shipment 164,316 169,702 redDownArrow -3.17% 3.33%
Self-adhesive plates, Sheets, Film, Foil, Tape, Strip and other flat shapes, Of plastics, Whether or not in rolls

HSN Code:  39199099   39191099   39199010  
Exporters : Vietnam Exporters 3,813
Vietnam Exporters Shipment 442,552
Value $474,830,116.45 $424,857,644.7 greenUpArrow 11.76% 0.82%
Shipment 161,368 143,618 greenUpArrow 12.36% 3.27%
Insulated (including enamelled or anodised) wire, Cable (including co-axial cable) and other insulated electric conductors, Whether or not fitted with connectors; optical fibre cables, Made up of individually sheathed fibres, Whether or not assembled with

HSN Code:  85444922   85444941   85444949  
Exporters : Vietnam Exporters 3,439
Vietnam Exporters Shipment 414,205
Value $385,167,534.49 $2,244,853,485.59 redDownArrow -82.84% 0.66%
Shipment 148,532 122,111 greenUpArrow 21.64% 3.01%
Other articles of iron or steel - forged or stamped, But not further worked :

HSN Code:  73269099  73261900   73262090  
Exporters : Vietnam Exporters 6,465
Vietnam Exporters Shipment 393,015
Value $476,059,857.31 $387,612,977.78 greenUpArrow 22.82% 0.82%
Shipment 139,678 130,019 greenUpArrow 7.43% 2.83%
Other articles of vulcanised rubber other than hard rubber

HSN Code:  40169390   40169911   40169999  
Exporters : Vietnam Exporters 4,361
Vietnam Exporters Shipment 347,726
Value $77,968,944.87 $87,604,777.54 redDownArrow -11.00% 0.13%
Shipment 111,777 125,307 redDownArrow -10.80% 2.27%
Printed circuits

HSN Code:  85340090   85340030   85340020  
Exporters : Vietnam Exporters 976
Vietnam Exporters Shipment 322,439
Value $1,469,032,335.04 $13,507,144,220.67 redDownArrow -89.12% 2.53%
Shipment 119,889 102,783 greenUpArrow 16.64% 2.43%
Electronic integrated circuits - electronic integrated circuits:

HSN Code:  85423900   85423100   85429000  
Exporters : Vietnam Exporters 2,437
Vietnam Exporters Shipment 286,849
Value $14,858,723,718 $20,216,831,532.99 redDownArrow -26.50% 25.61%
Shipment 106,020 85,721 greenUpArrow 23.68% 2.15%
Electrical capacitors, Fixed, Variable or adjustable (pre-set)

HSN Code:  85322400   85322900   85322200  
Exporters : Vietnam Exporters 1,390
Vietnam Exporters Shipment 247,397
Value $184,756,849.82 $208,935,787.59 redDownArrow -11.57% 0.32%
Shipment 94,354 66,591 greenUpArrow 41.69% 1.91%
Interchangeable tools for hand tools, Whether or not power-operated, Or for machine-tools (for example, For pressing, Stamping,Punching,Tapping,Threading,Drilling, Boring, Broaching, Milling, Turning or screw driving), Including dies for drawing or extrud

HSN Code:  82075000   82079000   82073000  
Exporters : Vietnam Exporters 1,884
Vietnam Exporters Shipment 225,042
Value $146,896,396.55 $340,392,415.63 redDownArrow -56.84% 0.25%
Shipment 79,337 82,425 redDownArrow -3.75% 1.61%
Other knitted or crocheted fabrics

HSN Code:  60063290   60062200   60069000  
Exporters : Vietnam Exporters 3,578
Vietnam Exporters Shipment 213,670
Value $500,949,876.31 $604,951,218.87 redDownArrow -17.19% 0.86%
Shipment 75,321 74,274 greenUpArrow 1.41% 1.53%
Parts suitable for use solely or principally with the apparatus of headings 8535, 8536 or 8537

HSN Code:  85389019   85389011   85389012  
Exporters : Vietnam Exporters 1,150
Vietnam Exporters Shipment 208,937
Value $119,706,626.39 $519,591,664.95 redDownArrow -76.96% 0.21%
Shipment 67,321 59,465 greenUpArrow 13.21% 1.37%
Articles for the conveyance or packing of goods, Of plastics; stoppers, Lids, Caps and other closures, Of plastics

HSN Code:  39239090   39231090   39232990  
Exporters : Vietnam Exporters 5,199
Vietnam Exporters Shipment 197,849
Value $164,750,194.72 $139,311,141.77 greenUpArrow 18.26% 0.28%
Shipment 70,303 62,412 greenUpArrow 12.64% 1.43%