Industry: Vietnam wire & cable imports up 3.52 percent in May

Vietnam’s imports of insulated wires and cables reached US$409.61 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 3.52 percent compared to April, bringing the year-to-date (YTD) import value to US$1.81 billion.

China maintains its dominant position with continued growth:

China remained the primary source for insulated wires and cables, with a May value of US$286.79 million. This signifies a 3.92 percent increase from April and accounts for a commanding 68.49 percent of the total year-to-date imports.

Thailand shows strong month-on-month growth:

Thailand experienced significant month-on-month growth, with imports surging by 39.07 percent to US$11.25 million in May.

Malaysia and Indonesia also record notable increases:

Imports from Malaysia increased by 9.21 percent to US$7.50 million in May, while Indonesia saw a strong rise of 15.91 percent to US$3.53 million. Germany also recorded a substantial increase of 24.52 percent.

South Korea and Japan experience declines:

Conversely, imports from South Korea decreased by 2.55 percent to US$38.09 million, and Japan’s imports fell by 7.81 percent to US$12.80 million. The USA also experienced a slight decline of 2.80 percent.

Significant decreases from certain European markets:

  • Netherlands saw a sharp drop of 61.66 percent.
  • Denmark imports decreased by 39.17 percent.
  • France and Singapore also experienced declines.

The overall increase in May’s insulated wires and cables imports suggests a healthy demand in Vietnam, with China continuing to be the major supplier and various other countries contributing with mixed performances.

See also: Manufacturing in Vietnam 2025: Growth, Options & Other Key Considerations

Vietnam imports of insulated wires and cables, May 2025, US$ millions

MayAprilMoMYTD% of YTD
Total409.61395.673.52%1,805.31100.00%
Other31.0429.714.47%0.000.00%
China286.79275.983.92%1,236.4368.49%
South Korea38.0939.09-2.55%174.409.66%
Japan12.8013.89-7.81%60.803.37%
Thailand11.258.0939.07%48.832.70%
Philippines7.888.06-2.20%37.742.09%
Malaysia7.506.879.21%40.112.22%
Taiwan4.013.990.36%21.381.18%
USA3.994.10-2.80%15.860.88%
Indonesia3.533.0515.91%20.561.14%
Germany1.651.3224.52%6.480.36%
France0.370.40-8.26%1.490.08%
Singapore0.270.29-5.06%1.580.09%
Netherlands0.210.54-61.66%1.220.07%
Denmark0.130.21-39.17%0.890.05%
Hong Kong0.090.0718.27%0.830.05%
Russia0.000.000.00%0.060.00%
🛑 BEFORE YOU GO ⬇
Create your listing