AsemconnectVietnam - According to the statistics figures from the General Department of Customs, the export turnover of Vietnamese goods to the South Korean market in December of 2024 reached 2.2 billion USD, an increase of 7.4% compared to the previous month, and in 2024 it reached more than 25.6 billion USD, an increase of 9.06% over the same period last year.

The commodity with the largest export turnover in 2024 was the group of computers, products and components worth 5.7 billion USD, an increase of 18.6%, accounting for 22.3% of the proportion. The next were phones of all kinds and components reaching 3.5 billion USD, accounting for 13.8% of the export proportion.
Some commodity groups exported to South Korea with increased export turnover in 2024, such as vegetables and fruits increased by 39.5%; coffee increased by 21%; fertilizers of all kinds increased by 154.4%; pepper increased by 77.7%.
The potential for trade development between Vietnam and South Korea is huge. The bilateral free trade agreement has been contributing to further promoting political, economic and cultural relations between the two countries, further tightening the Vietnam – South Korea strategic cooperative partnership.
In addition to the bilateral FTA, Vietnamese enterprises have more options when conducting import and export trade activities with South Korea, thanks to the Regional Comprehensive Economic Partnership (RCEP) which took effect last year. Another FTA is the ASEAN – South Korea Free Trade Agreement (AKFTA).
CK
Source: VITIC