Vietnam’s exports of chemical products reached US$226.59 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant decrease of 13.38 percent compared to April, bringing the year-to-date (YTD) export value to US$1.20 billion.
Laos and Indonesia experience sharp declines, while China maintains lead:
The overall decline was largely influenced by significant drops in exports to key partners. Exports to Laos plummeted by 47.73 percent to US$34.32 million, while Indonesia saw a decrease of 29.74 percent. Despite these dips, China remained the leading export destination, with May exports of US$37.82 million, showing a modest increase of 3.93 percent from April, and accounting for 14.37 percent of YTD exports.
Germany, South Africa, and Cambodia record impressive growth:
In contrast to the overall trend, several markets demonstrated remarkable month-on-month growth in May:
- Germany exports surged by an impressive 161.02 percent, reaching US$1.92 million.
- South Africa saw an even more astonishing jump of 153.72 percent, though from a lower base.
- Cambodia exports increased significantly by 31.49 percent.
- Algeria also showed strong growth of 39.95 percent.
- Other notable increases were observed in Thailand (9.08%), Philippines (9.71%), Malaysia (10.40%), and Kenya (11.89%).
Other markets with notable declines:
Besides Laos and Indonesia, other countries experiencing significant drops included:
- Pakistan (-29.95%)
- Netherlands (-26.02%)
- South Korea (-21.49%)
- Saudi Arabia (-17.51%)
- Bangladesh (-15.79%)
- Myanmar (-14.64%)
The mixed performance in May, with a considerable overall decline, suggests fluctuating demand in global chemical markets, with strong surges in specific niche markets offsetting significant drops in others.
See also: Vietnam’s Chemical Industry 2025: Growth, Key Players, Products & More
Vietnam exports of chemical products, May 2025, US$ millions
| May | April | MoM | YTD | % of YTD | |
| Total | 226.59 | 261.60 | -13.38% | 1,197.74 | 100.00% |
| Other | 29.34 | 28.00 | 4.80% | 0.00 | 0.00% |
| China | 37.82 | 36.39 | 3.93% | 172.07 | 14.37% |
| Laos | 34.32 | 65.67 | -47.73% | 281.27 | 23.48% |
| Indonesia | 19.85 | 28.25 | -29.74% | 114.60 | 9.57% |
| India | 14.27 | 13.89 | 2.75% | 62.98 | 5.26% |
| USA | 12.16 | 13.48 | -9.75% | 59.68 | 4.98% |
| Thailand | 11.68 | 10.71 | 9.08% | 52.82 | 4.41% |
| Cambodia | 11.42 | 8.69 | 31.49% | 49.09 | 4.10% |
| Japan | 10.51 | 10.47 | 0.40% | 52.44 | 4.38% |
| Malaysia | 6.97 | 6.32 | 10.40% | 33.91 | 2.83% |
| South Korea | 6.87 | 8.75 | -21.49% | 36.66 | 3.06% |
| Philippines | 6.41 | 5.84 | 9.71% | 29.29 | 2.45% |
| Taiwan | 3.71 | 3.88 | -4.41% | 16.98 | 1.42% |
| Australia | 3.48 | 3.32 | 4.70% | 15.73 | 1.31% |
| Bangladesh | 3.35 | 3.98 | -15.79% | 19.28 | 1.61% |
| Singapore | 2.61 | 2.89 | -9.76% | 13.07 | 1.09% |
| Germany | 1.92 | 0.74 | 161.02% | 5.50 | 0.46% |
| Netherlands | 1.74 | 2.35 | -26.02% | 6.74 | 0.56% |
| Saudi Arabia | 1.65 | 2.00 | -17.51% | 9.34 | 0.78% |
| Kenya | 1.44 | 1.29 | 11.89% | 7.39 | 0.62% |
| South Africa | 1.00 | 0.39 | 153.72% | 3.24 | 0.27% |
| Algeria | 0.85 | 0.61 | 39.95% | 2.14 | 0.18% |
| Myanmar | 0.85 | 0.99 | -14.64% | 4.25 | 0.35% |
| Hong Kong | 0.74 | 0.83 | -11.39% | 3.17 | 0.26% |
| Sri Lanka | 0.73 | 0.71 | 3.08% | 4.14 | 0.35% |
| Pakistan | 0.68 | 0.97 | -29.95% | 5.15 | 0.43% |
| Kazakhstan | 0.21 | 0.21 | 1.98% | 0.66 | 0.06% |