Vietnam’s imports of plastic products reached US$966.81 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant increase of 12.22 percent compared to April, bringing the year-to-date (YTD) import value to US$4.05 billion.
China maintains its dominant position with strong growth:
China remained the primary source for plastic product imports, with a May value of US$618.99 million. This signifies a strong increase of 15.12 percent from April and accounts for a commanding 61.15 percent of the total year-to-date imports.
South Korea and Thailand also show significant increases:
Imports from South Korea surged by 12.68 percent to US$137.52 million in May. Thailand’s imports also grew by 13.80 percent to US$23.86 million.
Extraordinary month-on-month surges from various markets:
Several countries exhibited remarkable month-on-month growth in May, often from lower bases:
- Turkey recorded an astonishing surge of 275.85 percent, reaching US$910,111.
- Canada imports jumped by 101.33 percent.
- Denmark imports surged by 63.71 percent.
- Spain imports grew by 62.12 percent.
- Indonesia imports increased by 49.75 percent.
- France imports grew by 47.80 percent.
- Singapore and Switzerland also showed strong increases of over 42 percent.
- The “Other” category also saw a notable increase of 8.78 percent.
Notable declines in imports:
Conversely, some markets faced substantial declines in imports in May:
- Philippines saw the largest drop of 9.46 percent.
- Italy imports decreased by 8.68 percent.
- Germany imports fell by 8.64 percent.
- Japan imports decreased by 6.34 percent.
- Sweden and Malaysia also experienced minor decreases.
The overall strong increase in May’s plastic product imports suggests a robust demand in Vietnam, with China continuing to be the major supplier and various other countries contributing with dynamic growth.
See also: Plastics Industry in Vietnam
Vietnam imports of plastic products, May 2025, US$ millions
May | April | MoM | YTD | % of YTD | |
Total | 966.81 | 861.54 | 12.22% | 4,053.20 | 100.00% |
Other | 14.06 | 12.93 | 8.78% | 0.00 | 0.00% |
China | 618.99 | 537.72 | 15.12% | 2,478.69 | 61.15% |
South Korea | 137.52 | 122.04 | 12.68% | 612.67 | 15.12% |
Japan | 72.28 | 77.17 | -6.34% | 352.13 | 8.69% |
Taiwan | 28.25 | 26.10 | 8.24% | 133.56 | 3.30% |
Thailand | 23.86 | 20.97 | 13.80% | 103.92 | 2.56% |
USA | 19.07 | 18.70 | 1.94% | 87.71 | 2.16% |
Malaysia | 8.40 | 8.73 | -3.73% | 37.87 | 0.93% |
Germany | 7.90 | 8.64 | -8.64% | 38.68 | 0.95% |
UK | 6.73 | 5.56 | 21.08% | 25.53 | 0.63% |
Indonesia | 5.76 | 3.85 | 49.75% | 20.52 | 0.51% |
Switzerland | 3.82 | 2.68 | 42.22% | 13.01 | 0.32% |
Singapore | 3.20 | 2.19 | 46.23% | 12.30 | 0.30% |
India | 3.18 | 3.07 | 3.42% | 16.75 | 0.41% |
Italy | 3.07 | 3.36 | -8.68% | 13.35 | 0.33% |
France | 2.24 | 1.51 | 47.80% | 7.51 | 0.19% |
Hong Kong | 1.82 | 1.58 | 15.09% | 8.63 | 0.21% |
Spain | 1.53 | 0.94 | 62.12% | 5.01 | 0.12% |
Denmark | 1.42 | 0.86 | 63.71% | 6.00 | 0.15% |
Philippines | 1.28 | 1.41 | -9.46% | 6.50 | 0.16% |
Turkey | 0.91 | 0.24 | 275.85% | 1.81 | 0.04% |
Netherlands | 0.71 | 0.55 | 28.20% | 3.10 | 0.08% |
Sweden | 0.54 | 0.57 | -6.17% | 2.85 | 0.07% |
Canada | 0.29 | 0.14 | 101.33% | 0.98 | 0.02% |