Vietnam’s imports of ferrous waste and scrap saw a slight decline in June 2025, reaching $167,299,425, a -1.75 percent decrease compared to May 2025 according to data from Vietnam’s General Department of Customs.
Despite the overall month-on-month decrease, several countries remain vital suppliers to Vietnam, with the year-to-date total for this product category standing at $979,685,251.
In June 2025, the top five sources by dollar value for Vietnam’s imports of ferrous waste and scrap were:
Japan
Japan emerged as the top supplier in June, with import values reaching $87,391,059.
This represents a -14.21 percent month-on-month change from May.
Japan’s year-to-date total for these imports stands at $567,286,411, accounting for 57.90 percent of all YTD imports in this category.
USA
The USA followed as the second-largest source, with June imports valued at $23,695,734.
This figure indicates a 31.34 percent month-on-month change.
The USA’s year-to-date total for these imports is $99,697,901, representing 10.18 percent of the total YTD imports for this product category.
Hong Kong
Hong Kong secured the third position in June with imports totaling $14,141,337.
This indicates a 108.26 percent month-on-month change.
Its year-to-date contribution to Vietnam’s imports of ferrous waste and scrap is $68,543,563, making up 7.00 percent of the total YTD imports.
Singapore
Singapore contributed $6,454,400 worth of ferrous waste and scrap in June.
Notably, Singapore experienced a 25.53 percent month-on-month increase.
Singapore’s year-to-date total for these imports is $24,340,494, accounting for 2.48 percent of the total YTD imports for this product.
Canada
Canada rounded out the top five import sources with $5,341,582 in June imports.
This country showed strong positive momentum with a 75.21 percent month-on-month increase.
Canada’s year-to-date total for these imports is $19,191,448, representing 1.96 percent of the total YTD imports for this category.
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Vietnam’s imports of ferrous waste and scrap, US$ millions
| June | May | MoM | YTD | % of YTD | |
| Total | 167.30 | 170.28 | -1.75% | 979.69 | 100.00% |
| Other | 23.11 | 18.25 | 26.60% | 104.21 | 10.64% |
| Japan | 87.39 | 101.87 | -14.21% | 567.29 | 57.90% |
| USA | 23.70 | 18.04 | 31.34% | 99.70 | 10.18% |
| Hong Kong | 14.14 | 6.79 | 108.26% | 68.54 | 7.00% |
| Singapore | 6.45 | 5.14 | 25.53% | 24.34 | 2.48% |
| Canada | 5.34 | 3.05 | 75.21% | 19.19 | 1.96% |
| Chile | 4.58 | 2.35 | 94.93% | 18.29 | 1.87% |
| Australia | 1.16 | 12.74 | -90.90% | 66.30 | 6.77% |
| Taiwan | 0.85 | 0.65 | 29.79% | 3.34 | 0.34% |
| Philippines | 0.26 | 0.30 | -13.43% | 2.67 | 0.27% |
| Mexico | 0.24 | 0.06 | 320.36% | 0.70 | 0.07% |
| Sweden | 0.04 | 0.00 | 0.00% | 0.04 | 0.00% |
| New Zealand | 0.04 | 0.29 | -86.18% | 0.48 | 0.05% |
| Bangladesh | 0.00 | 0.00 | 0.00% | 2.51 | 0.26% |
| Cambodia | 0.00 | 0.75 | -100.00% | 2.10 | 0.21% |