Chemicals exports from Vietnam up 0.34 percent in October, China and Japan top buyers

Vietnam exported chemicals to the tune of US$263 million in October, up 0.34 percent over September, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam had exported US$2,323 million worth of chemicals by the end of October.

Bar chart of Vietnam chemicals exports 2025.

China accounted for US$73 million worth of Vietnam’s chemical exports in October. This was down from US$82 million in chemicals exports in September, a change of 11.55 percent. Year to date, Vietnam has shipped US$577 million worth of chemicals to China.

After China was Japan making up US$40 million worth of Vietnam’s chemical exports in October. This was up from US$40 million in chemicals exports in September, a change of 0.15 percent. Year to date, Vietnam has shipped US$316 million worth of chemicals to Japan.

Next was Thailand contributing US$31 million worth of Vietnam’s chemical exports in October. This was up from US$11 million in chemicals exports in September, a change of 174.73 percent. Year to date, Vietnam has shipped US$120 million worth of chemicals to Thailand.

Pie chart Vietnam chemicals exports by destination October

Following Thailand was Indonesia representing US$26 million worth of Vietnam’s chemicals exports in October. This was up from US$18 million in chemicals exports in September, a change of 45.24 percent. Year to date, Vietnam has shipped US$181 million worth of chemicals to Indonesia.

Rounding out the top five was India constituting US$13 million worth of Vietnam’s chemicals exports in October. This was down from US$29 million in chemicals exports in September, a change of 53.15 percent. Year to date, Vietnam has shipped US$330 million worth of chemicals to India.

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Vietnam exports of chemicals in October, US$millions

OctoberSeptemberMoMYTD
Total262.91262.030.34%2,323.49
Other38.3438.310.07%362.84
China72.7782.27-11.55%576.93
Japan39.7739.710.15%316.30
Thailand30.6611.16174.73%120.46
Indonesia25.7717.7445.24%181.43
India13.4528.70-53.15%329.86
South Korea11.7417.97-34.66%124.73
Malaysia10.0110.10-0.96%124.59
USA8.905.3965.22%58.53
Taiwan5.825.790.47%83.41
Cambodia5.704.9016.37%44.42
Canada4.436.85-35.26%36.10
Netherlands3.814.13-7.82%19.40
Italy2.091.5930.89%19.08
Myanmar0.920.35165.09%6.50
Bangladesh0.450.3050.43%3.04
Philippines0.110.0841.58%2.71
Czech Republic0.000.000.00%0.10
Iceland0.000.000.00%0.40

Vietnam chemicals imports

Vietnam imported chemicals to the tune of US$720 million in October, up 10.14 percent over September, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam had imported US$6,633 million worth of chemicals by the end of October.

Read more about Vietnam’s chemicals imports in October

Bar chart of Vietnam chemicals imports, 2025, US$millions.

Listed chemicals companies

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 30,450 on Friday down 0.1 percent with 2,287,000 shares traded, worth VND 6,976 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 94,300 on Friday down 0.7 percent with 9,844,000 shares traded, worth VND 93,246 million.

Foreign ownership in DGC is currently capped at 49.0 percent, with current foreign ownership sitting at 10.6 percent.

Van Dien Fused Magnesium Phosphate Fertilizer JSC

Van Dien Fused Magnesium Phosphate Fertilizer JSC (VAF) produces and distributes phosphate-based fertilisers and agricultural chemicals.

VAF closed at VND 17,100 on Friday down 0.9 percent with 361,000 shares traded, worth VND 650 million.

Foreign ownership in VAF is currently capped at 0.0 percent, with current foreign ownership sitting at 0.0 percent.

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Vietnam chemical products news

Risk averse chemicals company

Dan Tri reported in late October that Duc Giang Chemicals is holding a sizeable VND 13.1 trillion or about US$497 million in bank deposits, equal to 67 percent of its total assets as of 30 September 2025.

Chairman Dao Huu Huyen said the firm deliberately avoids investing in real estate, securities, or digital assets, preferring liquidity and safety while waiting for major investment opportunities in the chemical sector.

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Vietnam’s chemical industry

Vietnam’s chemical industry supports key sectors such as agriculturemanufacturing, textiles, plastics and consumer goods.

Producers supply fertilisers, basic chemicals, paints, detergents and industrial inputs, with domestic demand driven by ongoing industrialisation and urban growth.

Export activity continues to expand as firms upgrade technology and meet higher environmental standards.

The industry is also attracting foreign investment in specialised chemicals and advanced materials to support Vietnam’s growing industrial base.

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