Vietnamese steel exports accelerated in Indonesia, increasing by more than 30% in just the first 4 months of the year

Amidst the continued positive recovery of trade in Southeast Asia, Vietnam’s iron and steel industry is recording notable growth signals in the Indonesian market. Indonesia, one of Southeast Asia’s important markets, has become a strategic destination for Vietnamese steel exports, with a significant increase in demand and product value.

• Steel Prices Cool Down After a Long Rise: Construction Materials Market Receives Positive Signals
• The driving force behind the steel industry’s growth in 2026 will come from construction, industrial development, and trade protection policies.
• Vietnam Aims for 70 Million Tons of Crude Steel by 2050: A Shift Towards “Green Steel”

Steel Exports and Growth Opportunities in Indonesia

Steel exports not only increase the value of goods but also contribute to creating many job opportunities for workers in Vietnam. Steel exports have proven their essential role in the economy, helping to boost economic growth and stabilize employment for millions of workers in the steel industry in Vietnam. Thanks to supportive policies from the Government and increasing demand from the international market, the Vietnamese steel industry is making steady progress.

This result shows that Indonesia’s demand for steel imports remains high, especially as the country is boosting infrastructure investment. Large-scale infrastructure projects underway in Indonesia are creating significant demand for steel, ranging from housing construction to transportation projects. This creates favorable conditions for steel exports from Vietnam, which offers high-quality products at competitive prices.

Vietnam’s steel exports are not limited to Indonesia, but are also targeting many other international markets.

Not only iron and steel, but many other Vietnamese product groups also recorded positive growth in the Indonesian market. Textiles and garments reached a turnover of US$203.1 million, an increase of 29.3%, while textile and footwear raw materials and accessories reached US$153 million, an increase of 19.1%. Notably, rubber exports saw a dramatic increase of 114.3%, reaching US$53.5 million. These figures show that Indonesia is not only a potential market for steel exports but also for many other Vietnamese products.

In addition, steel exports also contribute a significant portion to Vietnam’s overall export turnover.

Vietnam’s steel exports not only maintain growth but also have the potential to expand into other markets such as the US, Europe, and Japan. This shows that the Vietnamese steel industry is gradually establishing a solid position in the global supply chain, with products meeting international standards and satisfying the stringent demands of major markets.

The Vietnamese iron and steel industry is showing very positive growth signs.

However, alongside these positive developments, several other key sectors recorded significant declines.

However, alongside these positive aspects, several other key sectors have recorded significant declines. For example, the coal and mineral industry is facing difficulties due to competition from other producers in the region, while the food processing industry also needs improvement to meet increasing consumer demand.

In the domestic market, the price of construction steel remains relatively stable across regions.

In central and southern Vietnam, steel prices vary slightly depending on the brand and product type.

In Central and Southern Vietnam, steel prices vary slightly depending on the brand and product type. This difference reflects the demand and supply in each region, with some brands being more popular than others. This could create opportunities for manufacturers to improve product quality and better reach customers.

On the international market, steel and iron ore prices in China saw a slight increase at the start of trading.

Vietnam’s steel exports are gradually establishing their position in the international market, attracting interest from many investors.

Vietnam’s steel exports are gradually establishing their position in the international market, attracting attention from many investors. In particular, Vietnamese businesses have proactively participated in international trade fairs and events to promote their products and seek cooperation opportunities with global partners. This not only helps enhance brand value but also creates momentum for the future development of the steel industry.

Vietnam’s steel exports are gradually establishing their position in the international market.

Although the market is showing signs of recovery, analysts believe that a strong upward trend is not yet clear as investors continue to maintain a cautious attitude due to uncertainties in the global economy and steel consumption demand in China.

Steel exports will continue to be a key element in Vietnam’s development strategy in the coming years.

With the current export growth momentum, the Vietnamese steel industry is expected to continue to capitalize on opportunities from the ASEAN market, especially Indonesia – a market emerging as one of the important destinations for Vietnamese steel in 2026.

With the current export growth momentum, the Vietnamese steel industry is expected to continue to capitalize on opportunities from the ASEAN market, especially Indonesia – a market emerging as one of the important destinations for Vietnamese steel in 2026. Many businesses have begun adjusting their export strategies to suit the needs and tastes of consumers in Indonesia, thereby optimizing profits and expanding market share.

With the current export growth momentum, the Vietnamese steel industry is expected to continue to capitalize on opportunities from the ASEAN market.

With the current export growth momentum, the Vietnamese steel industry is expected to continue to capitalize on opportunities from the ASEAN market. Increasing the presence of Vietnamese steel brands in international markets will not only enhance the image of the steel industry but also contribute to making Vietnam one of the major steel production centers in the region.

With this growth trajectory, steel exports will create many opportunities for cooperation with international partners.

With this growth momentum, steel exports will create many opportunities for cooperation with international partners. This will not only involve exporting products but can also expand to support services such as technical assistance, consulting, and training, contributing to increasing the added value of Vietnamese steel products in the global market.

You Might Be Interested

Reliable and High-Quality Supplier of Metal Surface Treatment Chemicals

TOC (Antifingerprint) Chemical for the Steel Sheet Industry

Where can I find good quality degreasing and etching products at a good price?

Where to Buy Reliable Passivation Chemicals?