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Crude oil: Vietnam exports surge 20.19 percent in April, Australia top destination

Vietnam’s exports of crude oil reached US$154.42 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a substantial increase of 20.19 percent compared to March, with a year-to-date (YTD) export value of US$512.43 million.

Australia remains the top export market with significant growth:

Australia was the leading export market in April, with exports valued at US$111.02 million. This marks a significant increase of 39.57 percent from March and accounts for the largest share of the year-to-date exports at 59.16 percent.

Thailand sees a slight decrease but remains a major market:

Thailand was the second-largest export market in April, with exports valued at US$21.89 million, a decrease of 9.50 percent from the previous month. Thailand accounts for a substantial 31.80 percent of the year-to-date exports.

Significant month-on-month increases and decreases:

Australia experienced the largest month-on-month increase at 39.57 percent. Conversely, exports to other smaller markets collectively saw a decrease.

See also: Crude Oil Industry in Vietnam

Vietnam exports of crude oil, April 2025, US$ millions

AprilMarchMoMYTD% of YTD
Total154.42128.4820.19%512.43100.00%
Other21.5024.74-13.09%46.329.04%
Australia111.0279.5439.57%303.1659.16%
Thailand21.8924.19-9.50%162.9531.80%
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