Pharmaceutical materials: Vietnam imports dip 5.57 percent in May

Vietnam’s imports of pharmaceutical materials reached US$42.07 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a decrease of 5.57 percent compared to April, bringing the year-to-date (YTD) import value to US$214.93 million.

China remains the largest supplier, India sees a decline:

China continued to be the primary source for these imports, with a May value of US$32.83 million. This signifies a minor decrease of 1.45 percent from April but still accounts for a dominant 73.97 percent of the total year-to-date imports. India, the second-largest supplier, saw its imports decrease by 25.62 percent to US$6.08 million.

Germany and UK show strong month-on-month growth:

Conversely, some countries exhibited significant month-on-month growth in May:

• Germany recorded an astonishing surge of 476.97 percent, albeit from a low base, reaching US$226,777.
• UK imports jumped by 94.06 percent.
• Spain imports grew by 22.28 percent.
• France imports increased by 9.24 percent.
• The “Other” category also saw a notable increase of 9.29 percent.

Significant decreases in imports:

Conversely, some markets faced substantial declines in imports in May:

• Austria saw the largest drop of 59.86 percent.
• Switzerland imports decreased by 59.26 percent.
• South Korea fell by 48.83 percent.
• Thailand recorded no imports in May after having significant imports in April.
• Singapore imports also decreased by 20.43 percent.

The overall decline in May’s pharmaceutical material imports suggests a softening demand or adjustments in the supply chain, with China maintaining its strong leading position despite the overall downturn.

See also: Vietnam Pharmaceuticals Industry 2025: Growth, Imports & Key Players

Vietnam imports of pharmaceutical materials, May 2025, US$ millions