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Petroleum products: Vietnam imports up slightly in April, Singapore leads

Vietnam’s imports of petroleum products reached US$577.95 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a slight increase of 3.69 percent compared to March, with a year-to-date (YTD) import value of US$2.23 billion.

Singapore sees a significant increase to become the top supplier:

Singapore emerged as the leading supplier of petroleum products to Vietnam in April, with imports valued at US$324.46 million. This marks a substantial increase of 58.60 percent from March and accounts for a dominant 45.17 percent of the total year-to-date imports.

South Korea experiences a significant decrease but remains a major supplier:

South Korea was the second-largest supplier in April, with imports valued at US$95.32 million, a decrease of 34.06 percent from the previous month. South Korea accounts for 24.53 percent of the year-to-date imports.

Malaysia sees a marginal increase:

Imports from Malaysia experienced a slight increase of 1.75 percent in April, reaching US$64.25 million. Malaysia accounts for 10.31 percent of the year-to-date imports.

China records a significant decrease:

Imports from China saw a substantial decrease of 38.79 percent in April, falling to US$63.52 million. China accounts for 14.89 percent of the year-to-date imports.

Thailand experiences a sharp decrease:

Imports from Thailand saw the most significant decrease at 54.16 percent in April, with a value of US$7.74 million.

See also: Petroleum Industry in Vietnam

Vietnam imports of petroleum products, April 2025, US$ millions

AprilMarchMoMYTD% of YTD
Total577.95557.413.69%2,225.65100.00%
Other22.6524.46-7.39%73.093.28%
Singapore324.46204.5858.60%1,005.2345.17%
South Korea95.32144.56-34.06%545.9724.53%
Malaysia64.2563.141.75%229.5210.31%
China63.52103.78-38.79%331.3214.89%
Thailand7.7416.89-54.16%40.521.82%
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