Trading Partner Portal: Vietnam
Joint Statement on United States-Vietnam Framework for an Agreement on Reciprocal, Fair, and Balanced Trade
The White House, October 26, 2025
Fact Sheet: President Donald J. Trump Modifies the Scope of Reciprocal Tariffs and Establishes Procedures for Implementing Trade Deals
The White House, September 5, 2025
Trade Overview
Vietnam is a nation of 101.60 million people, with a GDP of $514.7 billion. The economy is growing, and the volume of foreign trade has been increasing.
Vietnam is a member of the World Bank, the International Monetary Fund, Asian Development Bank, World Trade Association, Association of Southeast Asian Nations (ASEAN), and the Asia-Pacific Economic Cooperation (APEC). Vietnam is also one of the 12 nations in the recently negotiated Trans-Pacific Partnership. Vietnam’s top priorities for investments are manufacturing and infrastructure projects, telecommunications, oil and gas development, agricultural production and tourism.
U.S. – Vietnam Trade
Two-way goods trade between the United States and Vietnam was approximately $209.50 billion in 2025, up from $149.55 billion in 2024. The United States exported $15.66 billion to Vietnam in 2025, with top categories being computer and electronic products ($3.55 billion), agricultural products ($3.35 billion), chemicals ($1.90 billion), processed foods ($1.11 billion), and waste and scrap ($700 million).
In 2025, imports from Vietnam totaled $193.84 billion, up from $136.50 billion in 2024. Top import categories included computer and electronic products ($99.08 billion), apparel and accessories ($16.96 billion), furniture & fixtures ($12.34 billion), electrical equipment appliances and components ($11.04 billion), and leather & allied products ($10.80 billion).
Total services trade between the U.S. and Vietnam was $5.82 billion in 2025, with exports totaling $3.47 billion. Top exports were travel, transport, financial services, other business services, and maintenance and repair services.
Services imported from Vietnam to the U.S. totaled 2.35 billion, with top imports being travel, other business services, transport, personal, cultural, & recreational, and telecommunications, computer, & information services.
Vietnam – California Trade
The United States is the home of more than 2 million people of Vietnamese origin, with around 40% residing in California. The Los Angeles metropolitan area has roughly 16% of the California Vietnamese population residing there.
In 2025, California was the one of the top state exporters to Vietnam with $2.55 billion in exports. California exports made up 16.28% of all U.S. exports to Vietnam in goods.
Agricultural products were the largest export at $959 million of total exports. This was followed by waste and scrap ($445 million), computer & electronic products ($406 million), processed foods ($190 million), and chemicals ($121 million).
Imports to California from Vietnam totaled $56.32 billion in 2025. Computer and electronic products made up $33.06 billion of total imports, followed by apparel & accessories ($4.03 billion), leather & allied products ($3.68 billion), electrical equipment, appliances & components ($3.39 billion), and furniture and fixtures ($2.67 billion).
FDI-Vietnam
In 2024, the U.S. invested nearly $4.37 billion into Vietnam, while Vietnam invested $948 million into the U.S. the same year. (Bureau of Economic Analysis)
2025 Investment Climate Statements: Vietnam
U.S. Department of State
CalChamber Resources
- American Chamber of Commerce in Vietnam
- American Chamber of Commerce in Vietnam – Hanoi
- Consulate General of Vietnam in California
- U.S.-Vietnam Chamber of Commerce
- International Trade FAQs