Galvanized Steel Export of Vietnam: The in-depth Trade Overview of 2024
Galvanized Steel is a category of steel coated with a layer of zinc for protection from corrosion. This commodity is a topmost preference of the worldwide iron and steel traders because of its high demand across industries and its durability and longer life span. The ongoing need for housing, transportation, and energy projects in the global infrastructure and the higher economic importance have made this a top choice. Vietnam Import Data says, the country in Southeast Asia, landlocked by China and Cambodia in the north and west directions, has gradually emerged as a substantial contributor to the global galvanized steel export market with the rising domestic production and the decline in coal prices.
Due to the rapid growth in the organization and the export-oriented strategies, the country has recorded a total export valuation of galvanized steel worth 3.67 billion US dollars in 2024. The regional demand and protective trade measures have benefited the overall revenue rate. Subscribe to Import Globals, the leading Vietnam import export trade provider, to stay updated with the latest information regarding the galvanized steel export of the nation via the Vietnam Trade Data.
GOVERNMENT INITIATIVES SUPPORTING THE GALVANIZED STEEL EXPORTS OF VIETNAM IN 2024
The Steel Industry Strategy submission has aligned the government support for steel producers while promoting trade alignment. The preferential tax incentives for high-grade steel have reduced the cost burden on galvanizing for higher-quality steel producers. It has basically boosted export competitiveness.
The import duty exemption for machinery has lowered the capital cost while increasing the export-ready capacity. The energy efficiency and green transformation push has made the exports more viable in the nearby markets.
THE TOP 10 GALVANIZED STEEL EXPORTS OF VIETNAM IN 2024
The stability in the steel prices and the growing demand from the Middle East have led to diversity in the global trade output of galvanized steels. As per the Vietnam Export Data, the top 10 leading variants of galvanized steel exported from the nation in 2024 are,
- Hot-dip galvanized coil/sheet – The annual valuation of Hot-dip galvanized coil/sheet exported from Vietnam in 2024 – 1.87 billion US dollars
- Galvanized pipe/tube – The annual valuation of Galvanized pipe/tube exported from Vietnam in 2024 – 987 million US dollars
- Pre-galvanized (GI) sheet/coil– The annual valuation of Pre-galvanized (GI) sheet/coil exported from Vietnam in 2024 – 819 million US dollars
- Galvalume (Al-Zn) sheet– The annual valuation of Galvalume (Al-Zn) sheet exported from Vietnam in 2024 – 768 million US dollars
- Electro-galvanized (EG) sheet/coil– The annual valuation of Electro-galvanized (EG) sheet/coil exported from Vietnam in 2024 – 625 million US dollars
- Corrugated galvanized sheet– The annual valuation of Corrugated galvanized sheet exported from Vietnam in 2024 – 589 million US dollars
- Commercial-grade SGCC – The annual valuation of Commercial-grade SGCC exported from Vietnam in 2024 – 476 million US dollars
- Structural/construction sheets– The annual valuation of Structural/construction sheets exported from Vietnam in 2024 – 389 million US dollars
- Thick galvanized coil – The annual valuation of Thick galvanized coil exported from Vietnam in 2024 – 278 million US dollars
- Galvanized steel wire– The annual valuation of Galvanized steel wire exported from Vietnam in 2024 – 225 million US dollars
TOP 10 EXPORT TRADE PARTNERS OF VIETNAM IN 2024
The strong global network and the competitive labour cost have established a stronger trade with the topmost nations investing in the steel exports. According to the Vietnam Customs Data, the top 10 export trade partners of the nation for galvanized steel exports in 2024 are,
- United States – The total valuation of galvanized steel exported from Vietnam to the United States in 2024 – 1.21 billion US dollars
Top 5 variants of galvanized steel exported
- Galvanized basket mesh
- Galvanized pallet rack beam
- Galvanized wire rope/strand
- Galvanized spring steel coil
- Galvanized leaf spring (automotive)
- China – The total valuation of galvanized steel exported from Vietnam to China in 2024 – 965 million US dollars
Top 5 variants of galvanized steel exported
- Galvanized manhole cover plate
- Galvanized sign support structures
- Galvanized truss member
- Galvanized solar mounting rail
- Galvanized transmission tower section
- South Korea – The total valuation of galvanized steel exported from Vietnam to South Korea in 2024 – 859 million US dollars
Top 5 variants of galvanized steel exported
- Galvanized handrail tubing
- Galvanized fence pickets
- Galvanized pole/post
- Galvanized bracket/support
- Galvanized louver/vent panel
- Japan – The total valuation of galvanized steel exported from Vietnam to Japan in 2024 – 721 million US dollars
Top 5 variants of galvanized steel exported
- Galvanized automotive panels
- Galvanized gutter system (downspouts, gutters)
- Galvanized fencing panels
- Galvanized guardrail
- Galvanized bridge decking/grating
- Hong Kong – The total valuation of galvanized steel exported from Vietnam to Hong Kong in 2024 – 654 million US dollars
Top 5 variants of galvanized steel exported
- Galvanized chicken wire/mesh
- Galvanized welded mesh panel
- Galvanized expanded metal mesh
- Galvanized cable tray
- Galvanized roofing fasteners (screws)
- Germany – The total valuation of galvanized steel exported from Vietnam to Germany in 2024 – 476 million US dollars
Top 5 variants of galvanized steel exported
- Galvanized conduit (electrical tube)
- Galvanized bar (round)
- Galvanized flat bar
- Galvanized hexagon bar
- Galvanized nail wire
- Netherlands – The total valuation of galvanized steel exported from Vietnam to the Netherlands in 2024 – 356 million US dollars
Top 5 variants of galvanized steel exported
- Galvanized channel steel
- Galvanized square tube
- Galvanized rectangular tube
- Galvanized round pipe
- Galvanized seamless pipe
- United Kingdom – The total valuation of galvanized steel exported from Vietnam to the United Kingdom in 2024 – 289 million US dollars
Top 5 variants of galvanized steel exported
- Galvanized standing seam roofing sheet
- Galvanized purlin (C/Z profile)
- Galvanized I-beam
- Galvanized Z-beam
- Galvanized angle iron
- Thailand – The total valuation of galvanized steel exported from Vietnam to Thailand in 2024 – 224 million US dollars
Top 5 variants of galvanized steel exported
- Galvanized deep‑drawing steel (DDQ)
- Galvanized extra deep‑drawing steel (EDDS)
- Galvanized high‑strength low‑alloy (HSLA) steel
- Galvanized sandwich panel
- Galvanized corrugated roofing sheet
- India – The total valuation of galvanized steel exported from Vietnam to India in 2024 – 187 million US dollars
Top 5 variants of galvanized steel exported
- Hot‑dip galvanized coil
- Hot‑dip galvanized sheet
- Electro‑galvanized coil
- Electro‑galvanized sheet
- Galvanized structural steel (GI)
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