Vietnam’s imports of ores and other minerals products reached US$235.62 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant decrease of 29.57 percent compared to April, bringing the year-to-date (YTD) import value to US$1.31 billion.
Australia and Brazil, the top suppliers, experience substantial declines:
Australia remained the primary source for these imports, with a May value of US$111.57 million. This signifies a decrease of 29.95 percent from April and accounts for a significant 42.86 percent of the total year-to-date imports. Brazil, the second-largest supplier, also saw a sharp decline of 33.35 percent, with imports falling to US$48.31 million, yet still contributing 26.85 percent to the YTD total.
Thailand, Cambodia, and Taiwan also see significant decreases:
Imports from Thailand plummeted by 81.21 percent, Cambodia by 64.52 percent, and Taiwan by 76.38 percent in May. These sharp drops indicate a significant reduction in demand or a shift away from these specific sources.
Russia, France, and Malaysia show extraordinary month-on-month surges:
Conversely, several countries exhibited remarkable month-on-month growth in May, albeit often from lower bases:
- Russia recorded an astonishing surge of 371.78 percent, reaching US$1.25 million.
- France imports jumped by 335.13 percent.
- Malaysia imports surged by 149.59 percent.
- Canada imports grew by 86.29 percent.
- India and USA also showed strong increases of 55.32 percent and 35.91 percent, respectively.
Notable declines from other key markets:
- Singapore imports decreased by 68.04 percent.
- Japan imports fell by 42.70 percent.
- Turkey and Germany also experienced notable decreases.
- Myanmar recorded no imports in May after having imports in April.
The overall sharp decline in May’s imports of ores and other minerals products suggests a significant reduction in demand in Vietnam, particularly from its largest suppliers, while smaller, more volatile, sources show dramatic increases.
See also: Mining in Vietnam: Industry Overview
Vietnam imports of ores and other minerals product, May 2025, US$ millions
| May | April | MoM | YTD | % of YTD | |
| Total | 235.62 | 334.55 | -29.57% | 1,310.11 | 100.00% |
| Other | 40.09 | 43.66 | -8.18% | 0.00 | 0.00% |
| Australia | 111.57 | 159.27 | -29.95% | 561.55 | 42.86% |
| Brazil | 48.31 | 72.48 | -33.35% | 351.78 | 26.85% |
| China | 10.52 | 13.01 | -19.11% | 49.26 | 3.76% |
| Laos | 6.72 | 5.41 | 24.15% | 22.39 | 1.71% |
| Thailand | 3.92 | 20.87 | -81.21% | 54.37 | 4.15% |
| Cambodia | 3.21 | 9.05 | -64.52% | 26.62 | 2.03% |
| India | 3.09 | 1.99 | 55.32% | 10.90 | 0.83% |
| USA | 1.64 | 1.21 | 35.91% | 8.23 | 0.63% |
| Russia | 1.25 | 0.26 | 371.78% | 14.56 | 1.11% |
| South Korea | 0.86 | 0.99 | -13.23% | 5.11 | 0.39% |
| Malaysia | 0.84 | 0.34 | 149.59% | 4.35 | 0.33% |
| France | 0.74 | 0.17 | 335.13% | 1.39 | 0.11% |
| Turkey | 0.53 | 0.91 | -41.95% | 9.57 | 0.73% |
| Japan | 0.49 | 0.86 | -42.70% | 4.17 | 0.32% |
| Singapore | 0.45 | 1.40 | -68.04% | 2.38 | 0.18% |
| Canada | 0.42 | 0.22 | 86.29% | 1.22 | 0.09% |
| Taiwan | 0.40 | 1.68 | -76.38% | 6.30 | 0.48% |
| Germany | 0.39 | 0.59 | -33.62% | 3.03 | 0.23% |
| Myanmar | 0.11 | 0.00 | 0.00% | 3.15 | 0.24% |
| UAE | 0.07 | 0.17 | -57.63% | 0.25 | 0.02% |