Vietnam’s imports of plastics reached US$1.07 billion in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a modest increase of 0.75 percent compared to April, bringing the year-to-date (YTD) import value to US$5.17 billion.
China maintains its leading position with continued growth:
China remained the primary source for plastics imports, with a May value of US$350.17 million. This signifies a 6.60 percent increase from April and accounts for a dominant 29.67 percent of the total year-to-date imports.
South Korea and Taiwan also show steady contributions:
Imports from South Korea increased by 2.62 percent to US$186.05 million in May, while Taiwan’s imports grew by 2.05 percent to US$99.87 million. These countries respectively contributed 17.68 percent and 9.96 percent to the YTD total.
Significant month-on-month surges from various markets:
Several countries exhibited remarkable month-on-month growth in May, often from lower bases:
- Australia recorded an astonishing surge of 145.39 percent, albeit from a low base.
- India imports jumped by 64.36 percent.
- Netherlands imports surged by 47.92 percent.
- Indonesia imports grew by 43.58 percent.
- Belgium imports increased by 15.68 percent.
- Kuwait also showed a strong increase of 13.63 percent.
Notable declines in imports:
Conversely, some markets faced substantial declines in imports in May:
- Brazil saw the largest drop of 43.47 percent.
- Canada imports decreased by 38.30 percent.
- Hong Kong fell by 34.63 percent.
- Philippines imports decreased by 31.66 percent.
- Singapore imports decreased by 26.24 percent.
- France imports decreased by 23.18 percent.
- The “Other” category also saw a significant decrease of 21.16 percent.
- Other notable declines include Spain, Germany, UAE, Malaysia, UK, and Sweden.
The overall modest increase in May’s plastics imports suggests a stable but fluctuating market in Vietnam, with China as the leading supplier and dynamic shifts among other global partners.
See also: Plastics Industry in Vietnam
Vietnam imports of plastics, May 2025, US$ millions
May | April | MoM | YTD | % of YTD | |
Total | 1,072.33 | 1,064.39 | 0.75% | 5,171.99 | 100.00% |
Other | 7.59 | 9.63 | -21.16% | 0.00 | 0.00% |
China | 350.17 | 328.50 | 6.60% | 1,534.54 | 29.67% |
South Korea | 186.05 | 181.30 | 2.62% | 914.44 | 17.68% |
Taiwan | 99.87 | 97.86 | 2.05% | 515.38 | 9.96% |
USA | 96.31 | 100.05 | -3.74% | 442.57 | 8.56% |
Saudi Arabia | 73.20 | 72.38 | 1.14% | 396.29 | 7.66% |
Thailand | 55.10 | 58.21 | -5.35% | 262.33 | 5.07% |
Japan | 43.46 | 44.67 | -2.72% | 232.44 | 4.49% |
Malaysia | 28.73 | 34.20 | -15.98% | 173.40 | 3.35% |
Singapore | 20.32 | 27.55 | -26.24% | 130.36 | 2.52% |
Russia | 20.11 | 19.56 | 2.79% | 71.75 | 1.39% |
Indonesia | 17.05 | 11.88 | 43.58% | 80.21 | 1.55% |
UAE | 15.33 | 18.21 | -15.80% | 80.90 | 1.56% |
India | 11.88 | 7.23 | 64.36% | 65.09 | 1.26% |
Kuwait | 10.61 | 9.34 | 13.63% | 43.74 | 0.85% |
Qatar | 7.80 | 8.00 | -2.47% | 40.38 | 0.78% |
Germany | 4.72 | 5.39 | -12.33% | 27.04 | 0.52% |
Spain | 4.70 | 5.80 | -19.07% | 21.01 | 0.41% |
Brazil | 3.70 | 6.54 | -43.47% | 23.17 | 0.45% |
Canada | 3.21 | 5.20 | -38.30% | 18.66 | 0.36% |
Netherlands | 2.79 | 1.89 | 47.92% | 11.57 | 0.22% |
Belgium | 2.70 | 2.33 | 15.68% | 10.72 | 0.21% |
France | 2.24 | 2.91 | -23.18% | 13.39 | 0.26% |
Philippines | 1.39 | 2.03 | -31.66% | 4.44 | 0.09% |
Italy | 1.16 | 1.07 | 7.91% | 5.28 | 0.10% |
Hong Kong | 1.02 | 1.56 | -34.63% | 5.88 | 0.11% |
UK | 0.49 | 0.55 | -10.13% | 2.69 | 0.05% |
Australia | 0.35 | 0.14 | 145.39% | 1.43 | 0.03% |
Sweden | 0.15 | 0.29 | -46.65% | 1.18 | 0.02% |
South Africa | 0.12 | 0.12 | 3.90% | 0.93 | 0.02% |