Vietnam exported chemical products to the tune of US$228 million in November, down from US$240 million in October, a change of -5.04 percent, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had exported US$2,610 million worth of chemical products by the end of November.
China accounted for US$42 million worth of Vietnam’s chemical products exports in November. This was down from US$47 million in chemical products exports in October, a change of -10.52 percent. Year to date, Vietnam has shipped US$412 million worth of chemical products to China.
After China was South Korea making up US$24 million worth of Vietnam’s chemical products exports in November. This was up from US$23 million in chemical products exports in October, a change of 6.04 percent. Year to date, Vietnam has shipped US$148 million worth of chemical products to South Korea.
Next was Indonesia taking US$17 million worth of Vietnam’s chemical products exports in November. This was down from US$22 million in chemical products exports in October, a change of -19.28 percent. Year to date, Vietnam has shipped US$268 million worth of chemical products to Indonesia.
Following Indonesia was Cambodia representing US$14 million worth of Vietnam’s chemical products exports in November. This was down from US$15 million in chemical products exports in October, a change of -3.83 percent. Year to date, Vietnam has shipped US$124 million worth of chemical products to Cambodia.
Rounding out the top five was Thailand constituting US$14 million worth of Vietnam’s chemical products exports in November. This was up from US$13 million in chemical products exports in October, a change of 12.84 percent. Year to date, Vietnam has shipped US$125 million worth of chemical products to Thailand.
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Vietnam exports of chemical products in November, US$m
| November | October | MoM | YTD | |
| Total | 227.91 | 239.99 | -5.04% | 2,610.38 |
| Other | 64.91 | 52.63 | 23.34% | 953.06 |
| China | 41.95 | 46.88 | -10.52% | 411.73 |
| South Korea | 24.01 | 22.64 | 6.04% | 147.88 |
| Indonesia | 17.43 | 21.59 | -19.28% | 267.56 |
| Cambodia | 14.37 | 14.94 | -3.83% | 123.67 |
| Thailand | 14.18 | 12.56 | 12.84% | 124.75 |
| Japan | 12.67 | 13.78 | -8.04% | 123.79 |
| India | 11.48 | 16.04 | -28.43% | 150.79 |
| USA | 11.13 | 22.11 | -49.64% | 149.09 |
| Philippines | 7.97 | 8.20 | -2.86% | 76.22 |
| Malaysia | 7.81 | 8.62 | -9.35% | 81.84 |
| Taiwan | 3.79 | 3.89 | -2.66% | 37.13 |
| Bangladesh | 3.75 | 3.30 | 13.65% | 42.14 |
| Australia | 2.99 | 3.58 | -16.32% | 34.14 |
| Singapore | 2.49 | 2.07 | 20.45% | 28.38 |
| Kenya | 1.83 | 1.40 | 30.63% | 17.74 |
| Netherlands | 1.82 | 1.25 | 45.37% | 14.47 |
| Saudi Arabia | 1.53 | 1.63 | -6.15% | 19.78 |
| Germany | 1.51 | 1.27 | 18.82% | 16.47 |
| Hong Kong | 1.42 | 1.19 | 19.05% | 8.78 |
| Pakistan | 1.02 | 1.12 | -8.59% | 11.24 |
| Sri Lanka | 1.00 | 1.07 | -7.41% | 10.19 |
| Laos | 0.89 | 0.63 | 39.85% | 352.51 |
| South Africa | 0.67 | 0.94 | -28.11% | 7.67 |
| Myanmar | 0.36 | 0.59 | -38.78% | 9.67 |
| Algeria | 0.16 | 0.22 | -25.44% | 4.41 |
| Kazakhstan | 0.12 | 0.06 | 98.91% | 1.26 |
Listed chemical products companies
These companies are listed on the Ho Chi Minh City Stock Exchange.
South Basic Chemicals JSC (CSV)
South Basic Chemicals Joint Stock Company (CSV) manufactures and supplies basic inorganic and chlorine-soda chemicals from its production bases in southern Vietnam.
CSV closed at VND 27,300 on Wednesday down 0.6 percent with 1,767,000 shares traded, worth VND 4,893 million.
Foreign ownership in CSV is currently capped at 50.0 percent, with current foreign ownership sitting at 0.7 percent.
Duc Giang Chemicals Group JSC
Duc Giang Chemicals Group JSC (DGC) manufactures and exports industrial chemicals, phosphorus, and fertilisers across Asia and Europe.
DGC closed at VND 68,500 on Wednesday up 3.3 percent with 111,013,000 shares traded, worth VND 756,057 million.
Foreign ownership in DGC is currently capped at 49.0 percent, with current foreign ownership sitting at 6.6 percent.
PetroVietnam Fertilizer and Chemicals Corporation
PetroVietnam Fertilizer and Chemicals Corporation (DPM) produces urea and chemical fertilisers under the Phu My brand.
DPM closed at VND 22,250 on Wednesday down 0.15 percent with 14,297,000 shares traded, worth VND 32,043 million.
Foreign ownership in DPM is currently capped at 50.0 percent, with current foreign ownership sitting at 3.6 percent.
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Vietnam chemicals industry news
Recent developments include:
Fake fire extinguishers
Vietnam’s Ministry of Public Security said Hanoi police have arrested five people over the production and sale of counterfeit DRAGON fire extinguishers.
Authorities seized over 165,000 fake extinguishers and confirmed they lacked required fire-suppressant chemicals, posing serious safety risks.
See the latest Vietnam news headlines→
Vietnam’s chemical industry
Vietnam’s chemical industry supplies essential inputs for manufacturing, agriculture, construction and consumer goods.
It includes a mix of basic chemicals, fertilisers, industrial gases, plastics and specialty chemical products.
The sector has expanded alongside industrial growth and rising domestic demand, supported by foreign investment and technology transfer.
Environmental regulation, safety standards and energy costs are key factors shaping the industry’s future development.