T3 · Product exporter position

Viet Nam exports of Steel, alloy: bars and rods, forged (HS 722840)

See where Viet Nam stands in steel, alloy: bars and rods, forged: export scale, destination breadth, market position, growth, and reported trade history.

Exporter VNMHS6 722840Latest year 2024Rapid growth

Latest exports

$901.9KLatest observed lane total

Destination markets

4Reported active markets

Three-year growth

+1,753.1%Annualized change

Destination HHI

4,661Destination concentration

Weighted share

10.4%Reported market position

Exporter evidence

How strong is Viet Nam in Steel, alloy: bars and rods, forged?

Reported exporter totals and calculated indicators for HS 722840. Values retain their observed coverage period.

Exporter scale

Latest exports$901.9K
Current 2024 exports$606.2K
Three-year average$381.1K
Historical peak$1.5M

Market position

Active destinations4
Destination HHI4,661
Weighted share10.4%
Share change+0.2 pp

Competitiveness

Three-year growth+1,753.1%
Volatility0.6
Maximum drawdown13.3%
TrendRapid growth
MeasureValueWhat it describes
ExporterViet NamCountry represented by this profile
Latest observed exports$901.9KSum of latest observed destination-lane values
Current 2024 exports$606.2KCommon-year comparison where reported
Three-year growth+1,753.1%Annualized change in exporter totals
Five-year growth+48.9%Annualized change in exporter totals
Leading destinationMEXDestination with the largest observed export value
Leading destination share66.8%Share of observed exporter totals
Destination concentration4,661HHI across destination markets
Weighted share change+0.2 ppValue-weighted latest change in market share
Limited-history lanes95.2%Share of lanes with shorter history

Destination markets

Where does Viet Nam sell steel, alloy: bars and rods, forged?

Leading destination observations ranked by reported export value, with market position and access context.

Destination observations are not available.

Price intelligence

How does Viet Nam's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Philippines: $6.2K / ton.

Lowest reported price

Japan: $1.2K / ton.

Median price

$3.8K / ton across reported markets.

Export trend

Reported export history

Annual observations for Viet Nam and HS 722840 where available.

YearExportsYear-on-year changeActive destinations
2010$10.5K+667.7%1
2011$542.4K+5,050.5%2
2012$53.7K-90.1%3
2013$66.3K+23.5%3
2014$51.7K-22%2
2015$50.3K-2.7%1
2016$35.1K-30.2%4
2017$77.5-99.8%1
2018$1.5K+1,849.2%3
2019$82.7K+5,372%3
2020$7.0K-91.6%1
2021$95.3-98.6%1
2022$161.8+69.8%1
2023$536.9K+331,834.6%4
2024$606.2K+12.9%4

Exporter context

Viet Nam economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 722840.

Viet Nam has reported exports of $450.9B and a trade balance of $69.7B in 2024.

Available structural indicators include 301.9% trade openness, 32.5% investment, and 1,080 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about Viet Nam steel, alloy: bars and rods, forged exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.