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
May | April | MoM | YTD | % of YTD | |
Total | 409.61 | 395.67 | 3.52% | 1,805.31 | 100.00% |
Other | 31.04 | 29.71 | 4.47% | 0.00 | 0.00% |
China | 286.79 | 275.98 | 3.92% | 1,236.43 | 68.49% |
South Korea | 38.09 | 39.09 | -2.55% | 174.40 | 9.66% |
Japan | 12.80 | 13.89 | -7.81% | 60.80 | 3.37% |
Thailand | 11.25 | 8.09 | 39.07% | 48.83 | 2.70% |
Philippines | 7.88 | 8.06 | -2.20% | 37.74 | 2.09% |
Malaysia | 7.50 | 6.87 | 9.21% | 40.11 | 2.22% |
Taiwan | 4.01 | 3.99 | 0.36% | 21.38 | 1.18% |
USA | 3.99 | 4.10 | -2.80% | 15.86 | 0.88% |
Indonesia | 3.53 | 3.05 | 15.91% | 20.56 | 1.14% |
Germany | 1.65 | 1.32 | 24.52% | 6.48 | 0.36% |
France | 0.37 | 0.40 | -8.26% | 1.49 | 0.08% |
Singapore | 0.27 | 0.29 | -5.06% | 1.58 | 0.09% |
Netherlands | 0.21 | 0.54 | -61.66% | 1.22 | 0.07% |
Denmark | 0.13 | 0.21 | -39.17% | 0.89 | 0.05% |
Hong Kong | 0.09 | 0.07 | 18.27% | 0.83 | 0.05% |
Russia | 0.00 | 0.00 | 0.00% | 0.06 | 0.00% |