Vietnam exported chemical products to the tune of US$297 million in December, up from US$228 million in November, a change of 30.51 percent, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had exported US$2,913 million worth of chemical products by the end of December.
China accounted for US$58 million worth of Vietnam’s chemical products exports in December. This was up from US$42 million in chemical products exports in November, a change of 39.03 percent. Year to date, Vietnam has shipped US$471 million worth of chemical products to China.
After China was South Korea making up US$29 million worth of Vietnam’s chemical products exports in December. This was up from US$24 million in chemical products exports in November, a change of 19.28 percent. Year to date, Vietnam has shipped US$177 million worth of chemical products to South Korea.
Next was Indonesia taking US$24 million worth of Vietnam’s chemical products exports in December. This was up from US$17 million in chemical products exports in November, a change of 36.35 percent. Year to date, Vietnam has shipped US$292 million worth of chemical products to Indonesia.
Following Indonesia was Cambodia representing US$17 million worth of Vietnam’s chemical products exports in December. This was up from US$14 million in chemical products exports in November, a change of 18.21 percent. Year to date, Vietnam has shipped US$141 million worth of chemical products to Cambodia.
Rounding out the top five was the USA constituting US$16 million worth of Vietnam’s chemical products exports in December. This was up from US$11 million in chemical products exports in November, a change of 40.09 percent. Year to date, Vietnam has shipped US$165 million worth of chemical products to the USA.
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Vietnam exports of chemical products in December, US$m
| December | November | MoM | YTD | |
| Total | 297.44 | 227.91 | 30.51% | 2,912.85 |
| Other | 96.13 | 64.91 | 48.10% | 1,051.18 |
| China | 58.32 | 41.95 | 39.03% | 471.10 |
| South Korea | 28.64 | 24.01 | 19.28% | 176.60 |
| Indonesia | 23.76 | 17.43 | 36.35% | 291.70 |
| Cambodia | 16.99 | 14.37 | 18.21% | 140.65 |
| USA | 15.60 | 11.13 | 40.09% | 164.87 |
| India | 14.13 | 11.48 | 23.11% | 165.22 |
| Japan | 13.09 | 12.67 | 3.36% | 137.13 |
| Thailand | 12.64 | 14.18 | -10.85% | 137.65 |
| Malaysia | 9.82 | 7.81 | 25.70% | 91.95 |
| Philippines | 8.31 | 7.97 | 4.31% | 84.81 |
| Taiwan | 4.11 | 3.79 | 8.50% | 41.53 |
| Bangladesh | 3.41 | 3.75 | -8.95% | 45.64 |
| Australia | 3.24 | 2.99 | 8.33% | 37.69 |
| Singapore | 3.20 | 2.49 | 28.50% | 31.88 |
| Kenya | 2.53 | 1.83 | 38.65% | 20.27 |
| Hong Kong | 1.99 | 1.42 | 39.95% | 10.82 |
| Saudi Arabia | 1.90 | 1.53 | 24.34% | 21.68 |
| Germany | 1.66 | 1.51 | 9.71% | 18.28 |
| Sri Lanka | 1.27 | 1.00 | 27.97% | 11.54 |
| Myanmar | 0.87 | 0.36 | 141.26% | 10.54 |
| South Africa | 0.87 | 0.67 | 28.86% | 8.54 |
| Netherlands | 0.81 | 1.82 | -55.62% | 15.28 |
| Pakistan | 0.74 | 1.02 | -27.00% | 11.98 |
| Laos | 0.68 | 0.89 | -23.03% | 353.19 |
| Kazakhstan | 0.26 | 0.12 | 107.72% | 1.49 |
| Algeria | 0.18 | 0.16 | 13.03% | 4.59 |
Listed chemicals companies
Key chemicals firms listed on the Vietnam stock exchange include:
Binh Son Refining and Petrochemical JSC
Binh Son Refining and Petrochemical JSC (BSR) operates the Dung Quat Refinery and engages in refining crude oil and producing petroleum products.
BSR closed at VND 20,650 on Friday down 1.55 percent with 407,308,000 shares traded, worth VND 863,881 million.
Foreign ownership in BSR is currently capped at 79.1 percent, with current foreign ownership sitting at 2.2 percent.
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 30,700 on Friday down 1.35 percent with 10,129,000 shares traded, worth VND 31,629 million.
Foreign ownership in CSV is currently capped at 50.0 percent, with current foreign ownership sitting at 1.1 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 73,900 on Friday up 0.1 percent with 86,516,000 shares traded, worth VND 640,732 million.
Foreign ownership in DGC is currently capped at 49.0 percent, with current foreign ownership sitting at 6.4 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 24,550 on Friday down 1.3 percent with 60,747,000 shares traded, worth VND 151,830 million.
Foreign ownership in DPM is currently capped at 50.0 percent, with current foreign ownership sitting at 4.0 percent.
Petrolimex International Trading JSC
Petrolimex International Trading JSC (PIT) imports, exports, and trades petroleum, chemicals, and industrial materials.
PIT closed at VND 7,100 on Friday down 0 percent with 21,000 shares traded, worth VND 15 million.
Foreign ownership in PIT is currently capped at 0.0 percent, with current foreign ownership sitting at 0.0 percent.
PetroVietnam Transportation JSC
PetroVietnam Transportation JSC (PVT) operates a fleet transporting crude oil, petroleum, and chemicals across Vietnam and internationally.
PVT closed at VND 19,850 on Friday down 1 percent with 42,959,000 shares traded, worth VND 87,441 million.
Foreign ownership in PVT is currently capped at 49.0 percent, with current foreign ownership sitting at 10.7 percent.
Southern Fertilizer JSC
Southern Fertilizer JSC (SFG) manufactures and trades fertilisers, chemicals, and agricultural materials.
SFG closed at VND 10,350 on Friday up 0.35 percent with 17,000 shares traded, worth VND 18 million.
Foreign ownership in SFG is currently capped at 0.0 percent, with current foreign ownership sitting at 0.0 percent.
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Vietnam chemicals news
Recent developments include:
Chemical Law customs delays
Shipments of imported chemicals were being stranded at Vietnamese ports after the new Chemical Law took effect on January 1, 2026 without implementing decrees, according to affected businesses.
Companies said customs could not clear conditionally regulated chemicals because guidance under the old law expired while new regulations had not yet been issued by the Ministry of Industry and Trade.
The US-ASEAN Business Council said it had received multiple complaints and warned the delay was disrupting production and causing financial losses estimated in the hundreds of thousands of US dollars.
Chemicals customs problem fix
The Ministry of Industry and Trade issued an urgent official dispatch on 17 January 2026 requesting coordination to implement the Law on Chemicals Number 69 slash 2025.
The ministry asked ministries, People’s Committees and local authorities to promptly apply administrative procedures, including chemical import and export licensing, to avoid supply chain disruption, with the intention of resolve the customs clearance issues above.
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Vietnam’s chemicals industry
Vietnam’s chemical industry supplies inputs for manufacturing, agriculture, construction and consumer goods, with strong links to textiles, electronics, plastics and fertilisers.
The sector is expanding alongside industrial growth, but remains reliant on imported raw materials and is gradually shifting toward higher value, specialty and environmentally compliant products.