Vietnam’s imports of animal, vegetable fats and oils reached US$149.53 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant increase of 20.17 percent compared to April, with a year-to-date (YTD) import value of US$607.41 million.
Indonesia remains the top supplier with substantial growth:
Indonesia was the leading supplier in May, with imports valued at US$77.48 million. This marks a substantial increase of 24.18 percent from April and accounts for the largest share of the year-to-date imports at 56.71 percent.
Malaysia remains a key supplier with moderate growth:
Malaysia was the second-largest supplier in May, with imports valued at US$45.12 million, showing an increase of 9.38 percent from the previous month. Malaysia accounts for 26.09 percent of the year-to-date imports.
China sees extraordinary growth:
Imports from China surged by 386.95 percent in May, reaching US$8.20 million. China accounts for 3.05 percent of the year-to-date imports.
Thailand records substantial growth:
Imports from Thailand experienced a substantial increase of 33.93 percent in May, reaching US$7.71 million. Thailand accounts for 5.47 percent of the year-to-date imports.
India records significant growth:
Imports from India saw an increase of 29.67 percent in May, reaching US$1.86 million. India accounts for 1.28 percent of the year-to-date imports.
Significant month-on-month increases and decreases:
USA experienced the largest month-on-month increase at 156.89 percent, followed by Singapore and China. Conversely, Australia experienced the most significant decrease at 63.22 percent, followed by South Korea and Chile.
See also: Food and Beverage Industry in Vietnam
Vietnam imports of animal, vegetable fats and oils, May 2025, US$ millions
May | April | MoM | YTD | % of YTD | |
Total | 149.53 | 124.43 | 20.17% | 607.41 | 100.00% |
Other | 6.13 | 7.56 | -18.88% | 0.00 | 0.00% |
Indonesia | 77.48 | 62.39 | 24.18% | 344.49 | 56.71% |
Malaysia | 45.12 | 41.26 | 9.38% | 158.48 | 26.09% |
China | 8.20 | 1.68 | 386.95% | 18.51 | 3.05% |
Thailand | 7.71 | 5.76 | 33.93% | 33.25 | 5.47% |
India | 1.86 | 1.43 | 29.67% | 7.79 | 1.28% |
Chile | 1.00 | 1.51 | -34.24% | 5.15 | 0.85% |
Australia | 0.64 | 1.74 | -63.22% | 7.01 | 1.15% |
Singapore | 0.57 | 0.35 | 63.77% | 1.81 | 0.30% |
USA | 0.44 | 0.17 | 156.89% | 1.45 | 0.24% |
South Korea | 0.38 | 0.57 | -34.41% | 2.60 | 0.43% |