Galvanized Steel Export of Vietnam: The Latest Trade Analysis of 2024

Galvanized steel products are a category of items that are specifically made from steel and are coated with a protective layer of zinc. These are a top priority for the globally leading traders due to the physical barriers and their widespread use in construction and infrastructure. The universal demand across industries and the uneven geographic production, along with the standardized hike in different economies, has maintained its global trade. Vietnam Import Data says the country in Southeast Asia has gradually emerged as a substantial contributor to the worldwide export market of galvanized steel products because of the growing production capacity and the quality improvements in technological autonomy.

Due to the strong domestic demand and the shift in sourcing by importers, the country has achieved a total export valuation of galvanized steel products worth 4.8 billion US dollars in 2024. The diversification of export destinations and the consistent order backlog based on the consumer base have taken the export bar graph to a great extent. 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 EXPORT OF VIETNAM IN 2024

The Ministry of Industry and Trade-initiated Steel Industry Development Strategy to 2030 which has lowered the import taxes on raw materials while enabling domestic producers to scale up the manufacturing. The National Steel Development Plan has modernized, and R&D support has helped the producers use better resources for high-quality production. 

The policy push for green, sustainable steel production has enabled the country to tap into special markets for galvanized and other coated steel. The domestic trade defense and export competitiveness support has enabled steadier output and export volume. The encouragement for producers to upgrade technology and comply with international standards has improved the acceptance in high-value international markets. 

THE LEADING VARIANTS OF GALVANIZED STEEL PRODUCTS EXPORTED FROM VIETNAM IN 2024

The competitive cost base and the flexibility in scaling of the production range have led to diversity in the global trade output. As per the Vietnam Export Data, the top 10 leading variants of galvanized steel products exported from the nation in 2024 are,

  1. GI coils – The annual valuation of GI coils exported from Vietnam in 2024 – 1.21 billion US dollars
  2. GL coils – The annual valuation of GL coils exported from Vietnam in 2024 –919  million US dollars
  3. PPGI – The annual valuation of PPGI exported from Vietnam in 2024 – 765 million US dollars
  4. PPGL – The annual valuation of PPGL exported from Vietnam in 2024 – 524 million US dollars
  5. GI sheets – The annual valuation of GI sheets exported from Vietnam in 2024 – 478 million US dollars
  6. GI pipes – The annual valuation of GI pipes exported from Vietnam in 2024 – 398 million US dollars
  7. GI square pipes– The annual valuation of GI square pipes exported from Vietnam in 2024 – 276 million US dollars
  8. GI rectangular pipes– The annual valuation of GI rectangular pipes exported from Vietnam in 2024 – 225 million US dollars
  9. GI wire – The annual valuation of GI wire exported from Vietnam in 2024 – 189 million US dollars
  10. GI roofing – The annual valuation of GI roofing exported from Vietnam in 2024 – 165 million US dollars

TOP 10 EXPORT TRADE PARTNERS OF VIETNAM IN 2024

The ability of the country to meet multiple types of steel demand and the increasing acquisitions from ASEAN markets have promoted integrity with the globally leading investors. 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 products exported from Vietnam to the United States in 2024 – 1.5 billion US dollars
  • Top 5 variants of galvanized steel products exported
  1. Bridge part
  2. Railway tower
  3. Farm shed
  4. Grain bin
  5. Farm fence
  • China – The total valuation of galvanized steel products exported from Vietnam to China in 2024 – 890 million US dollars
  • Top 5 variants of galvanized steel products exported
  1. Shutter frame
  2. Ductwork
  3. Vent duct
  4. Cable tray
  5. Junction box
  • South Korea – The total valuation of galvanized steel products exported from Vietnam to South Korea in 2024 – 724 million US dollars
  • Top 5 variants of galvanized steel products exported
  1. Galvanized H‑Beam
  2. Galvanized Z‑Profile (purlin)
  3. Galvanized U‑Profile (stud/channel)
  4. Galvanized Z‑Profile Purlin
  5. Galvanized Steel Profile (custom / special section)
  • Japan – The total valuation of galvanized steel products exported from Vietnam to Japan in 2024 – 619 million US dollars
  • Top 5 variants of galvanized steel products exported
  1. Galvanized Square Bar / Rod
  2. Galvanized Flat Bar
  3. Galvanized Angle (L‑section)
  4. Galvanized Channel (C‑section)
  5. Galvanized I‑Beam
  • Hong Kong – The total valuation of galvanized steel products exported from Vietnam to Hong Kong in 2024 – 567 million US dollars
  • Top 5 variants of galvanized steel products exported
  1. Galvanized Conduit Pipe (electrical conduit)
  2. Galvanized Water Pipe (plumbing)
  3. Galvanized Gas Pipe
  4. Galvanized Structural Pipe / Tube
  5. Galvanized Steel Bar / Rod (round)
  • Germany – The total valuation of galvanized steel products exported from Vietnam to Germany in 2024 – 487 million US dollars
  • Top 5 variants of galvanized steel products exported
  1. Galvanized Round Pipe (seamless)
  2. Galvanized Round Pipe (welded)
  3. Galvanized Square Pipe / Tube
  4. Galvanized Rectangular Pipe / Tube
  5. Galvanized Oval Pipe / Tube (special profiles)
  • Netherlands – The total valuation of galvanized steel products exported from Vietnam to the Netherlands in 2024 – 324 million US dollars
  • Top 5 variants of galvanized steel products exported
  1. Colored / Painted Galvanized Sheet
  2. Zero‑spangle Galvanized Sheet
  3. Regular‑spangle Galvanized Sheet
  4. Minimal‑spangle Galvanized Sheet
  5. Galvanized Steel Strip
  • United Kingdom – The total valuation of galvanized steel products exported from Vietnam to United Kingdom in 2024 – 278 million US dollars
  • Top 5 variants of galvanized steel products exported
  1. Perforated Galvanized Sheet
  2. Expanded Galvanized Metal Sheet
  3. Tread Plate (galvanized steel)
  4. Galvanized Corrugated Roofing Sheet
  5. Galvanized Standing‑Seam Roof Panel
  • Thailand – The total valuation of galvanized steel products exported from Vietnam to Thailand in 2024 – 226 million US dollars
  • Top 5 variants of galvanized steel products exported
  1. Pre‑painted Galvalume Steel Coil (PPGL)
  2. Galvanized Steel Sheet (flat)
  3. Galvanized Plate (heavy‑duty)
  4. Cut‑to‑Length Galvanized Sheet
  5. Corrugated Galvanized Sheet (roofing/facade)
  • India – The total valuation of galvanized steel products exported from Vietnam to India in 2024 – 198 million US dollars
  • Top 5 variants of galvanized steel products exported
  1. Galvanized Steel Coil (hot‑dip)
  2. Electro‑galvanized Steel Coil
  3. Galvannealed Steel Coil
  4. Galvalume Coil
  5. Pre‑painted Galvanized Steel Coil (PPGI)

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