Plastic products: Vietnam imports surge by 12.22 percent in May

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

MayAprilMoMYTD% of YTD
Total966.81861.5412.22%4,053.20100.00%
Other14.0612.938.78%0.000.00%
China618.99537.7215.12%2,478.6961.15%
South Korea137.52122.0412.68%612.6715.12%
Japan72.2877.17-6.34%352.138.69%
Taiwan28.2526.108.24%133.563.30%
Thailand23.8620.9713.80%103.922.56%
USA19.0718.701.94%87.712.16%
Malaysia8.408.73-3.73%37.870.93%
Germany7.908.64-8.64%38.680.95%
UK6.735.5621.08%25.530.63%
Indonesia5.763.8549.75%20.520.51%
Switzerland3.822.6842.22%13.010.32%
Singapore3.202.1946.23%12.300.30%
India3.183.073.42%16.750.41%
Italy3.073.36-8.68%13.350.33%
France2.241.5147.80%7.510.19%
Hong Kong1.821.5815.09%8.630.21%
Spain1.530.9462.12%5.010.12%
Denmark1.420.8663.71%6.000.15%
Philippines1.281.41-9.46%6.500.16%
Turkey0.910.24275.85%1.810.04%
Netherlands0.710.5528.20%3.100.08%
Sweden0.540.57-6.17%2.850.07%
Canada0.290.14101.33%0.980.02%
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