May 06, 2025 | 15:00 GMT+7

Vietnam eyes Czech Republic, Eastern Europe to reduce US market reliance

Vũ Khuê -

In the first quarter alone, bilateral trade reached $548.6 million, with Vietnamese exports accounting for $495.2 million.

Vietnamese footwear is making great strides in the Czech and Eastern European markets.
Vietnamese footwear is making great strides in the Czech and Eastern European markets.

The Vietnam Trade Office in the Czech Republic has reported a remarkable surge in trade between Vietnam and the Czech Republic since early 2025.

In the first quarter alone, bilateral trade reached $548.6 million, with Vietnamese exports accounting for $495.2 million and imports totaling $53.4 million. This represents a 62.3% increase in Vietnam’s exports compared to the same period in 2024, signaling robust growth momentum.

Analysts attribute this upward trend to Vietnam’s participation in trade agreements with the European Union (EU), particularly the EU-Vietnam Free Trade Agreement (EVFTA). These agreements have facilitated greater market access for Vietnamese products in the Czech Republic and beyond.

In addition to tariff reductions under the EVFTA, Vietnam has made significant strides in enhancing product quality, especially in key export sectors such as textiles, electronics, and seafood, ensuring greater alignment with Czech consumer preferences.

The post-pandemic recovery of the Czech economy has further fueled demand for imported goods, particularly consumer and industrial products.

With Vietnam’s competitive pricing and improved standards, items such as clothing, footwear, and processed foods—including organic and traditional Vietnamese specialties—have gained increasing traction among Czech consumers.

Moreover, the Czech Republic serves as a strategic gateway to the broader EU market, making it a vital hub for Vietnamese exporters seeking expanded access to European buyers.

Against the backdrop of rising US tariffs, the Ministry of Industry and Trade has identified Eastern Europe as a key growth market, with the Czech Republic standing out as a particularly promising destination for Vietnamese goods.

With trade ties strengthening and businesses leveraging preferential tariffs, Vietnam’s exports to the Czech Republic are expected to maintain a strong growth trajectory, further solidifying Vietnam’s foothold in the European market.

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