U.S. sees growing opportunities for agricultural exports to Vietnam as market nears $5 billion

U.S. agricultural exports to Vietnam reached USD 4.7 billion in 2025, making the United States Vietnam’s second-largest agricultural supplier. Vietnam’s expanding economy and growing middle class continue to drive demand for imported food and agricultural products, according to a new U.S. agricultural trade report.

Vietnam’s economy grew 8% in 2025 to USD 514.4 billion, and its food processing industry expanded 11% to USD 88 billion. Increased consumer spending, tourism, and industrial manufacturing have raised demand for higher-value imported products, including fresh fruit, dairy, poultry, animal feed, cotton, ethanol, seafood, and forestry products. Modern retail channels are expanding quickly, with supermarket sales up 13% and food e-commerce growing 29% in 2025, creating more opportunities for branded U.S. products.

The report identifies several sectors with strong export potential. U.S. soybean exports to Vietnam rose 20% year over year to USD 581 million, and corn shipments increased to USD 394 million as Vietnam expanded its feed and livestock industries. Cotton became the largest U.S. agricultural export to Vietnam at USD 1.3 billion, more than doubling from 2024 due to growth in the textile sector. Dairy exports rose 18% to USD 149.2 million, poultry exports reached USD 113 million, and fresh fruit shipments totaled USD 91.1 million. Recent approvals for U.S. mandarins, peaches, and nectarines are expected to create further export opportunities.

The report also notes improving trade relations between the two countries. In 2025, Vietnam signed agreements totaling USD 3 billion to purchase U.S. agricultural and timber products. Both governments are negotiating a reciprocal trade framework that could eliminate tariffs on nearly all goods, including agricultural products. Although the United States is the only major agricultural trading partner without a free trade agreement with Vietnam, recent regulatory reforms and ongoing negotiations are expected to improve market access for U.S. exporters.