Chemicals imports into Vietnam, up 10.14 percent in October, China and USA top suppliers

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.

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

In October, Vietnam’s top supplier of chemicals was China, accounting for US$289 million worth. This was up 1.79 percent over September. Year to date, China has shipped US$2,931 million worth of chemicals to Vietnam.

After China, the USA was the next biggest supplier. It shipped US$57 million worth of chemicals to Vietnam in October, a jump of 92.37 percent. Its total for the year to date is now sitting at US$396 million.

Malaysia was also a major supplier, shipping US$54 million worth of chemicals to Vietnam in October. This was a jump of 36.09 percent, for a total of US$419 million for the year.

Pie chart of Vietnam chemicals imports, October 2025 by country.

Rounding out the top five was Taiwan with US$53 million, a -15.58 percent change month-on-month, for a total of US$556 million for the year, and Japan with US$51 million, a 5.61 percent change for a total of US$436 million.

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Vietnam imports of chemicals in October, US$millions

OctoberSeptemberMoMYTD
Total720.15653.8810.14%6,632.62
Other74.3867.5610.09%770.18
China289.45284.371.79%2,930.83
USA56.5329.3892.37%396.32
Malaysia54.1039.7536.09%418.86
Taiwan52.7962.53-15.58%555.51
Japan51.0948.385.61%436.21
South Korea45.5742.876.30%371.36
Thailand37.0733.779.76%314.84
India22.1520.0710.35%211.68
Indonesia18.8114.1532.94%136.10
Russia18.2311.0465.03%90.74
Germany16.9416.542.41%227.79
Saudi Arabia10.566.1073.06%91.40
Singapore6.497.44-12.76%144.20
Italy2.181.6234.74%19.85
Qatar2.100.072933.01%9.86
Spain1.830.20803.05%8.10
Brunei Darussalam1.790.000.00%21.92
France1.511.3015.72%14.03
Turkey1.420.8077.55%15.83
Bangladesh1.361.49-8.56%10.49
Switzerland1.061.41-24.86%17.92
Netherlands0.990.6551.16%8.48
Hong Kong0.660.31113.51%2.13
Austria0.590.4338.71%5.76
Belgium0.430.3714.55%5.05
South Africa0.360.1983.54%3.11
UK0.250.75-67.26%4.82
Brazil0.200.09123.21%5.08
Australia0.140.04289.31%0.56
Czech Republic0.130.31-58.71%3.36
Armenia0.030.000.00%0.04
Kazakhstan0.000.000.00%0.53

Listed chemicals companies

South Basic Chemicals JSC

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 31,350 on Friday down 0.45 percent with 4,900,000 shares traded, worth VND 15,317 million.

Foreign ownership in CSV is currently capped at 50.0 percent, with current foreign ownership sitting at 1.0 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 96,800 on Friday down 0.4 percent with 18,418,000 shares traded, worth VND 176,394 million.

Foreign ownership in DGC is currently capped at 49.0 percent, with current foreign ownership sitting at 11.3 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 18,750 on Friday up 0.65 percent with 39,000 shares traded, worth VND 70 million.

Foreign ownership in VAF is currently capped at 0.0 percent, with current foreign ownership sitting at 0.0 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 23,600 on Friday down 0.65 percent with 63,983,000 shares traded, worth VND 151,606 million.

Foreign ownership in DPM is currently capped at 50.0 percent, with current foreign ownership sitting at 4.1 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 products industry

Vietnam’s chemical products 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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