Exports to Russia reached over $2.2 billion in 2025
Wednesday, January 21,2026
AsemconnectVietnam - According to the statistics figures from the Customs Department, Vietnam's exports to Russia in 2025 were estimated to exceed $2.2 billion, a decrease of 3.2% compared to the previous year.
Vietnam is currently Russia's largest trading partner in ASEAN. After a sharp decline in 2022, bilateral trade has recovered strongly.
Vietnam's main export items to Russia were seafood, coffee, tea, cashew nuts, textiles, footwear, telephones and components, along with processed foods – product groups highly valued by Russian consumers for their consistent quality and reasonable prices.
Conversely, Vietnam imported many essential industrial products from Russia such as fertilizers, coal, petroleum, non-ferrous metals, as well as machinery and equipment for production. However, the trade between the two countries still has significant room for growth, especially in the fields of agricultural products, processed foods, pharmaceuticals, and medical equipment – areas with high demand in Russia but not yet fully exploited.
In 2024, total bilateral trade between Vietnam and the Russian Federation reached approximately US$4.59 billion, an increase of 26.4% compared to 2023.
In 2025, textiles and garments led in export value, reaching US$504.1 million, a decrease of 33.8%, accounting for 22.2% of total exports. This was followed by coffee, reaching US$462.2 million, an increase of 50.9% compared to the same period last year, accounting for 20.4% of total exports. Seafood followed, reaching US$214.5 million, accounting for 9.4% of total exports.
In 2025, several export items showed growth compared to the same month of the previous year: such as pepper increased by 22.4%; footwear increased by 43.4%; and iron and steel increased by 576.6%.
To boost exports to Russia, it is necessary to take advantage of FTA preferences and Russia's investment policies to produce consumer goods in Russia and the EAEU; participate in exhibitions in Russia to find customers and understand the market; establish legally binding contracts regarding delivery and payment; and utilize sea and rail transport routes to optimize costs and time.
CK
Source: VITIC
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