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Day: May 13, 2025
Iron & steel products: Vietnam exports down 8.07 percent in April, USA top destination
Vietnam’s exports of iron and steel products reached US$486.45 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a decrease of 8.07 percent compared to March, with a year-to-date (YTD) export value of US$1.86 billion.
Textiles and footwear materials: Vietnam imports down 5.26 percent in April
Vietnam’s imports of textile, leather, and footwear materials and auxiliaries reached US$642.95 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a decrease of 5.26 percent compared to March, with a year-to-date (YTD) import value of US$2.34 billion.
Iron & steel products: Vietnam imports up 3.43 percent in April, China dominates
Vietnam’s imports of iron and steel products reached US$642.50 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a 3.43 percent increase compared to the import value in March, with a year-to-date import value of US$2.28 billion for this category.
Plastic products: Vietnam exports down 3.57 percent in April, USA top destination
Vietnam’s exports of plastic products reached US$609.31 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a slight decrease of 3.57 percent compared to March, with a year-to-date (YTD) export value of US$2.32 billion.
Consumer goods: Vietnam retail market projected to double by 2032
Vietnam’s retail sector is forecast to grow from US$180 billion in 2025 to US$350 billion by 2032, representing a compound annual growth rate of 8.5 percent, according to a report from HTF Market Intelligence.
Trade: Dry cargo shortage insurance claims surge in Vietnam ports
Dry cargo shortage insurance claims in Cai Mep and Phu My ports have nearly tripled between 2020 and 2024, according to Gard P&I Club and reported by Safety4Sea. Affected cargoes include soybean meal, corn, and fertilisers, with claims are generally low value but high frequency, raising cumulative risk
Q2 2025