Vietnam’s imports of paper reached US$215.90 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 7.16 percent compared to April, bringing the year-to-date (YTD) import value to US$974.56 million.
China leads with continued strong growth:
China remained the primary source for paper imports, with a May value of US$87.83 million. This signifies a strong increase of 8.22 percent from April and accounts for a dominant 38.07 percent of the total year-to-date imports.
Indonesia and South Korea also show significant increases:
Imports from Indonesia surged by 19.90 percent to US$32.14 million in May, solidifying its position as the second-largest supplier. South Korea’s imports also grew by 9.96 percent to US$21.96 million.
Notable month-on-month surges from various markets:
Several countries exhibited remarkable month-on-month growth in May, often from lower bases:
- Singapore recorded an astonishing surge of 176.74 percent, reaching US$2.35 million.
- France imports jumped by 113.14 percent.
- Russia imports surged by 96.00 percent.
- Germany imports grew by 32.97 percent.
- India and Taiwan also showed strong increases of 26.58 percent and 14.22 percent, respectively.
- The “Other” category also saw a significant increase of 13.75 percent.
Significant decreases in imports:
Conversely, some markets faced substantial declines in imports in May:
- Austria saw the largest drop of 42.18 percent.
- Italy imports decreased by 29.86 percent.
- Thailand fell by 17.60 percent.
- USA imports decreased by 14.40 percent.
- Japan also experienced a notable decrease of 9.72 percent.
- Philippines recorded no imports in May after having imports in April.
The overall increase in May’s paper imports suggests a growing demand in Vietnam, driven by China’s strong performance and significant contributions from diverse sources, while some traditional suppliers experienced declines.
See also: Paper and Paper Products Manufacturing in Vietnam
Vietnam imports of paper, May 2025, US$ millions
May | April | MoM | YTD | % of YTD | |
Total | 215.90 | 201.46 | 7.16% | 974.56 | 100.00% |
Other | 8.92 | 7.84 | 13.75% | 0.00 | 0.00% |
China | 87.83 | 81.16 | 8.22% | 371.03 | 38.07% |
Indonesia | 32.14 | 26.80 | 19.90% | 146.33 | 15.01% |
South Korea | 21.96 | 19.97 | 9.96% | 106.93 | 10.97% |
Japan | 19.41 | 21.50 | -9.72% | 96.68 | 9.92% |
Malaysia | 13.61 | 12.95 | 5.13% | 63.59 | 6.52% |
Thailand | 10.93 | 13.26 | -17.60% | 60.68 | 6.23% |
Sweden | 6.57 | 5.85 | 12.31% | 24.63 | 2.53% |
Taiwan | 4.57 | 4.00 | 14.22% | 24.20 | 2.48% |
Singapore | 2.35 | 0.85 | 176.74% | 5.76 | 0.59% |
India | 2.30 | 1.82 | 26.58% | 9.06 | 0.93% |
Germany | 1.44 | 1.09 | 32.97% | 6.87 | 0.71% |
USA | 1.33 | 1.55 | -14.40% | 6.68 | 0.69% |
Finland | 1.18 | 1.20 | -1.49% | 5.93 | 0.61% |
Italy | 0.46 | 0.66 | -29.86% | 2.82 | 0.29% |
Russia | 0.41 | 0.21 | 96.00% | 1.10 | 0.11% |
Austria | 0.39 | 0.67 | -42.18% | 1.97 | 0.20% |
France | 0.09 | 0.04 | 113.14% | 0.44 | 0.04% |
Philippines | 0.00 | 0.04 | -100.00% | 0.11 | 0.01% |