Vietnam-Japan import-export increased by over 9% in the first quarter of 2025

In the first quarter of 2025, trade relations between Vietnam and Japan continued to maintain positive growth momentum.
Vietnam's trade relation

20May2025

B&Company

Latest News & Report / Vietnam Briefing

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B&Company is the first Japanese company specializing in market research and investment consulting in Vietnam since 2008.

In this section “Vietnam Briefing”, young researchers of B&Company will provide timely information of Vietnam’s industrial trends, consumer trends, and social movements.

This article is written in English and automatic translation is used for other language versions. Please refer to the English version for accurate content. Although we strive to ensure the accuracy of the original information, please check separately for each information. Interpretations and future prospects are the personal opinions of each researcher.

In the first quarter of 2025, trade relations between Vietnam and Japan continued to maintain positive growth momentum. Vietnam’s export turnover to Japan reached 6.3 billion USD, up 12.4% over the same period last year. Key export items such as textiles, seafood, phones and components, and coffee all recorded significant growth. On the other hand, import turnover from Japan to Vietnam reached 5.7 billion USD, up 9.1% over the same period in 2024. Vietnam mainly imports from Japan items such as machinery, equipment, electronic components, iron and steel, and raw materials for production.

Overview of Vietnam – Japan export situation in the first quarter of 2025

Total export turnover in the first quarter of 2025 reached 6.3 billion USD, up 12.4% over the same period in 2024[1]. Japan is not only one of the major investors in Vietnam but also a potential export market. Free trade agreements, such as the ASEAN Comprehensive Economic Partnership (AJCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), have helped Vietnam increase its access to the Japanese market while reducing tariff barriers, and facilitating Vietnamese enterprises to export to Japan.

Vietnam’s main export items to Japan in the first quarter of 2025

100% = 6.3 billion USD
Vietnam's main export items to Japan in the first quarter of 2025

Source: Vinanet.vn

– Textiles and garments: This is Vietnam’s main export item to Japan. With a turnover of 1.07 billion USD in the first quarter, an increase of 11.9% over the same period last year, textiles and garments account for 16.7% of Vietnam’s total export turnover to Japan[2]. Japan is a large consumer market for fashion products, especially winter wear and sportswear.

– Means of transport and spare parts: Export turnover reached 788.8 million USD (accounting for about 12.3% of Vietnam’s total export turnover to Japan), up 9.7% over the same period last year[3].

– Machinery, equipment, tools, and other spare parts: a group of goods that are strongly exported thanks to high demand from the processing, electronics, and machinery manufacturing industries in Japan. The export value in the first quarter of 2025 reached 643.7 million USD, accounting for 10% of the total export turnover[4].

– Wood and wood products: In the first quarter of 2025, Vietnam’s wood and wood product exports to Japan reached 510.9 million USD, up 21.8% over the same period last year. This item continues to play an important role in the export structure to the Japanese market.

– Phones of all kinds and components: a strong export group, especially high-end electronic components. The export turnover of this item reached 503.4 million USD, accounting for 7.87% of Vietnam’s total export turnover.

Imports from Japan to Vietnam in the first quarter of 2025

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