Vietnam’s exports of insulated wires and cables reached US$378.03 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 3.24 percent compared to April, bringing the year-to-date (YTD) export value to US$1.69 billion.

USA remains top market; China and Japan see steady growth:

The USA continued to be the largest market, with exports totaling US$137.88 million in May, an 8.88 percent increase from April. The USA accounts for a substantial 34.01 percent of YTD exports. China and Japan also showed solid growth of 2.82 percent and 10.74 percent respectively, maintaining their positions as key export destinations.

Laos, Myanmar, and Singapore record explosive month-on-month growth:

Several markets experienced remarkable month-on-month growth in May:

Myanmar recorded an astounding surge of 1276.99 percent, albeit from a very low base in April.
Laos exports jumped by 270.08 percent.
Singapore saw a significant increase of 48.79 percent.
Cambodia exports rose by 46.21 percent.
The UK also recorded a strong increase of 40.09 percent.
Australia saw a healthy rise of 34.24 percent.

Philippines, Denmark, and Indonesia face significant declines:

Conversely, a number of markets experienced substantial decreases in May:

The Philippines saw a sharp drop of 23.78 percent.
Denmark exports plummeted by 25.94 percent.
Indonesia decreased by 10.73 percent.
Hong Kong exports fell by 8.63 percent.
Notably, there were no exports to Mozambique in May, after small exports in April.

The May data for Vietnam’s insulated wires and cables exports indicates overall positive growth, primarily driven by strong demand from the USA and explosive increases in emerging markets like Laos and Myanmar. While some markets experienced declines, the overall trend reflects a robust and diversifying export sector.

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

	May	April	MoM	YTD	% of YTD
Total	378.03	366.18	3.24%	1,693.34	100.00%
Other	42.44	51.52	-17.63%	0.00	0.00%
USA	137.88	126.63	8.88%	575.90	34.01%
China	67.70	65.85	2.82%	315.12	18.61%
South Korea	38.61	40.16	-3.86%	180.40	10.65%
Japan	32.35	29.21	10.74%	146.78	8.67%
Hong Kong	10.44	11.43	-8.63%	40.49	2.39%
Singapore	8.69	5.84	48.79%	32.97	1.95%
Thailand	6.90	6.27	10.02%	32.89	1.94%
Australia	6.80	5.07	34.24%	22.78	1.35%
Philippines	5.84	7.66	-23.78%	28.12	1.66%
Cambodia	5.32	3.64	46.21%	23.86	1.41%
Indonesia	4.35	4.88	-10.73%	17.30	1.02%
Laos	2.48	0.67	270.08%	5.68	0.34%
UK	2.45	1.75	40.09%	9.86	0.58%
Malaysia	1.84	1.86	-0.66%	8.39	0.50%
Taiwan	1.34	1.38	-2.82%	6.74	0.40%
Denmark	1.23	1.67	-25.94%	10.84	0.64%
Myanmar	0.68	0.05	1276.99%	1.96	0.12%
France	0.67	0.57	17.69%	3.45	0.20%
Mozambique	0.00	0.08	-100.00%	0.11	0.01%

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