According to information from the Vietnam Economic and Cultural Office in Taipei (China), statistics from the Taiwan International Trade Administration (TITA) show that the total trade turnover between Vietnam and Taiwan in June 2025 surpassed USD 2.35 billion, up 25.39% compared to the same period in 2024.
Among this, Taiwan’s exports to Vietnam reached USD 1.34 billion, a 14.84% increase; Taiwan’s imports from Vietnam amounted to USD 1.01 billion, rising 42.82% year‑on‑year.
In the first half of 2025, the cumulative trade turnover between Vietnam and Taiwan exceeded USD 13.92 billion, up 31.06% over the same period in 2024. Of that total, Taiwan’s exports to Vietnam accounted for USD 8.25 billion, a 21.19% increase; Taiwan’s imports from Vietnam stood at USD 5.66 billion, up 48.7%.
According to TITA’s statistics, in the first half of 2025, Vietnam ranked as Taiwan’s 8th largest trading partner, accounting for 2.72% of Taiwan’s total foreign trade; Vietnam was Taiwan’s 10th largest supplier (2.49% share) and Taiwan’s 9th largest export market (2.91%).
For July 2025 alone, total trade turnover between Vietnam and Taiwan reached over USD 3.255 billion, up 76.15% year‑on‑year. Vietnam’s exports to Taiwan were USD 1.56 billion, soaring 126.06%, while imports from Taiwan reached USD 1.69 billion, up 47.58%.
These high growth rates continue to affirm a strong recovery trend in bilateral trade, especially in high-tech and electronic component sectors.
Cumulatively, in the first seven months of 2025, trade turnover between the two exceeded USD 17.18 billion, up 37.74% year‑on‑year. Of this, Vietnam’s exports to Taiwan were USD 7.23 billion (+60.24%), while imports from Taiwan amounted to USD 9.95 billion (+25%).
With strong bilateral trade growth, Vietnam remains Taiwan’s 8th largest trading partner in the first seven months of 2025, holding 2.817% of Taiwan’s total trade share; it is also Taiwan’s 8th largest supplier (2.678%) and 9th largest export market (2.928%).
The Vietnam Economic and Cultural Office in Taipei also provided updates on new regional policy developments, particularly trade defense measures. Notably, Taiwanese enterprise Yieh United Steel Corp has called for an anti‑dumping investigation into cold‑rolled stainless steel imported from Vietnam, citing a “surge in volume and price reductions” disrupting Taiwan’s domestic market.
Vietnam’s stainless steel imports rose drastically—from 2,066 tonnes in 2023 to 30,524 tonnes in 2024, nearly 15 times higher. In May 2025 alone, imports reached 6,500 tonnes—250% higher than the average monthly figure in 2023. Vietnamese prices were lower than Taiwan’s domestic market level.
The increase is attributed to South Korea’s anti‑dumping duties (11.37–18.81%) imposed from April 2025, diverting exports towards Taiwan. Vietnamese import volumes into Taiwan grew from 400 tonnes in 2022 to over 30,000 tonnes in 2024—an 80‑fold increase.
Taiwanese firms argue that current duty exemptions have allowed cheap steel to flood the market, harming domestic production. Yieh United is requesting the Taiwanese Ministry of Finance to launch an anti‑dumping investigation to protect the stainless steel industry.
Contextually, on July 3, 2025, Taiwan formally imposed temporary anti‑dumping duties (16.90%–20.15%) on hot‑rolled steel from mainland China, with China Steel—the island’s largest steel group—asserting continued collaboration with the government on further trade investigations.
Source: vneconomy.vn
