US–Viet Nam trade continues to grow, with key states leading most of the activity. Viet Nam depends on US exports for production inputs, forming an integrated trade network supported by major transport hubs.
Recent data show trade between Viet Nam and the US is continuing on its robust growth trajectory, as tariff pressures are partly relieved by the prospect of a new bilateral agreement. Viet Nam’s exports to the US reached a record of US$126.16 billion in the first ten months of 2025 – up 28 percent year-on-year.
The most recent data was released a week after the fifth round of direct negotiations on the US–Viet Nam Reciprocal, Fair, and Balanced Trade Agreement, which took place in Washington, D.C., from November 12 to 14. Alongside the negotiation agenda, both sides participated in activities aimed at enhancing bilateral economic and investment cooperation, expanding trade connections, and garnering support for the ongoing negotiations of the reciprocal trade agreement.
Speaking to Viet Nam Briefing, Dan Martin – Assistant Manager of International Business Advisor at Dezan Shira & Associates – noted that the US–Viet Nam trade relationship has grown into something much more strategic than tariff schedules or export numbers suggest. “What’s taking shape is a new layer of industrial interdependence across the Pacific. Viet Nam is moving into higher-value manufacturing, and American supply chains are adapting around that shift. It’s less about diversification for its own sake and more about building a second anchor in Asia that can sustain long-term production stability,” said Martin.
Recent developments present a positive outlook, highlighting resilient growth in trade between the two countries. This growth is fueled by strengthening bilateral relations, the global shift in manufacturing orders, and the increasing demand of the US market for a wide variety of Viet Nam’s products, from electronics to agricultural goods.
Two-way trade overview
The US remained Viet Nam’s largest export market in the first 10 months of 2025, accounting for more than 30 percent of Viet Nam’s total shipments.
Viet Nam-US trade is dominated by Viet Nam’s tech-oriented exports, alongside strong traditional sectors such as textiles, footwear, and wood products.
Viet Nam’s imports from the US mainly comprise production inputs such as electronics components, cotton, machinery, and plastic raw materials, underscoring a vertically integrated trade relationship in which Viet Nam ships finished goods and relies on the US for key manufacturing materials.
Key US transport hubs in Viet Nam–US trade flow
Examining transport destinations, US–Viet Nam trade flows are heavily concentrated in just a few key states, with California leading through the ports of Los Angeles and Long Beach, and the Los Angeles and San Francisco international airports. These ports and airports account for the largest share of total value and emphasize the state’s central role in managing electronics-heavy, high-volume shipments.
Illinois follows thanks to Chicago O’Hare’s strong air-cargo throughput, while New Jersey and Georgia contribute mid-tier volumes via Newark and Savannah. Alaska and Washington appear as strategic air and seaport transit points, and Texas rounds out the list with Houston’s energy-linked capacity, showing that while multiple states participate, US–Viet Nam trade is overwhelmingly West Coast-centric, with Illinois as the major inland exception.
Top US states importing from Viet Nam
Imports from Viet Nam to the top US states grew steadily from 2018 to 2024, though there were notable shifts. While California continues to dominate, Illinois and the South are emerging markets, and Texas illustrates the importance of monitoring sector trends and diversifying sourcing strategies.
From 2018 to 2024, California was the largest importer of Vietnamese commodities, rising from US$13.6 billion to US$38.5 billion, driven by tech and consumer goods. Illinois also grew rapidly, reaching US$12.7 billion in 2024, signaling emerging demand in manufacturing and logistics.
Texas, meanwhile, showed more volatility, peaking in 2022 before declining, reflecting possible supply chain or sector-specific changes. Southern states like Tennessee and Georgia experienced steady growth, reaching US$8.1 billion and US$6.7 billion, respectively, highlighting their increasing role in industrial and manufacturing trade.
Top US states exporting to Viet Nam
A majority of US exports to Viet Nam are concentrated in a small group of states, with Texas and California consistently among the top contributors, each maintaining US$1.6 billion to US$2.3 billion annually, reflecting strong demand for machinery, tech goods, and agricultural products.
Washington and Illinois remain smaller but steady exporters, each following a moderate, stable trend.
Oregon case study: How the US can reduce its deficit with Viet Nam
While the data shows US exports to Viet Nam are anchored mainly by West Coast states and Texas, Oregon’s 2024 spike is an interesting example of how new dynamics are shaping trade between the two countries.
According to Business Oregon, Viet Nam is Oregon’s fifth-largest export market worldwide and the second-largest in Southeast Asia. The sharp increase was fueled by strong growth in electronics and machinery exports, particularly semiconductor-related products. As Viet Nam seeks to position itself as a regional hub for emerging technologies, especially in AI and data-driven sectors, Oregon’s high-tech exports have become an important source of critical inputs supporting that ambition.
Oregon is also actively seeking deeper collaboration with Viet Nam. The state’s leadership recently explored opportunities in Da Nang City, focusing on priority sectors such as chip technology, logistics, and free trade zone (FTZ) development. Continued investment expansion could further boost exports from Oregon.
Viet Nam’s top importers by industry
According to the latest Viet Nam customs and importers data, the country has over 32,000 importers operating across different industries. Total imports reached US$379 billion, up 6 percent from the previous year.
Takeaways
For US businesses, understanding which states lead trade with Viet Nam is critical. Companies should focus on high-growth sectors like semiconductors, machinery, and textiles, align exports with Viet Nam’s strategic priorities, and leverage key transport hubs in California, Illinois, and Texas.
Emerging states such as Oregon demonstrate that state-level engagement can expand export potential, while monitoring supply chain shifts ensures resilience and maximizes opportunities in the growing Viet Nam-US trade relationship.
Source: Vietnam Briefing
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