Vietnam’s imports of precious stones, precious metals, and articles thereof reached US$77.61 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a decrease of 3.79 percent compared to April, bringing the year-to-date (YTD) import value to US$387.40 million.
South Korea remains top supplier, China sees sharp decline:
South Korea remained the primary source for these imports, with a May value of US$10.25 million, a 3.37 percent increase from April, and accounting for 13.23 percent of the YTD total. China, however, saw a significant decline of 49.27 percent in May, falling to US$9.00 million, though it still holds a 12.62 percent share of YTD imports. Hong Kong also experienced a 16.09 percent decrease.
UAE, Austria, and USA show explosive month-on-month growth:
Conversely, several countries exhibited remarkable month-on-month growth in May, often from lower bases:
- UAE recorded an astonishing surge of 356.11 percent, reaching US$506,608.
- Austria imports jumped by 88.42 percent.
- USA imports surged by 74.07 percent.
- Canada imports grew by 60.62 percent.
- South Africa and Taiwan also showed strong increases.
- The “Other” category also saw a notable increase of 31.04 percent.
- Armenia emerged as a new supplier in May after having no imports in April.
Notable declines in imports:
Beyond China and Hong Kong, other markets faced substantial declines in imports in May:
- France saw a drop of 16.93 percent.
- Japan imports decreased by 7.35 percent.
- Switzerland imports remained relatively stable with a minor decrease of 0.49 percent.
The overall decline in May’s imports of precious stones, precious metals, and articles thereof suggests a slight cooling in demand or a shift in sourcing, with China’s significant drop impacting the overall figures despite strong surges from smaller, diverse markets.
See also: Vietnam’s Mining Industry 2025: Key Trends, Resources, and Data
Vietnam imports of precious stones, precious metal and articles thereof, May 2025, US$ millions
| May | April | MoM | YTD | % of YTD | |
| Total | 77.61 | 80.67 | -3.79% | 387.40 | 100.00% |
| Other | 10.53 | 8.04 | 31.04% | 0.00 | 0.00% |
| South Korea | 10.25 | 9.91 | 3.37% | 51.25 | 13.23% |
| Hong Kong | 9.80 | 11.68 | -16.09% | 57.08 | 14.73% |
| India | 9.24 | 9.21 | 0.27% | 54.90 | 14.17% |
| China | 9.00 | 17.74 | -49.27% | 48.88 | 12.62% |
| Belgium | 5.79 | 4.35 | 33.26% | 23.71 | 6.12% |
| Japan | 5.25 | 5.66 | -7.35% | 23.13 | 5.97% |
| Thailand | 4.31 | 4.23 | 1.84% | 18.25 | 4.71% |
| USA | 4.02 | 2.31 | 74.07% | 14.89 | 3.84% |
| Austria | 3.30 | 1.75 | 88.42% | 11.03 | 2.85% |
| France | 1.86 | 2.23 | -16.93% | 10.38 | 2.68% |
| Switzerland | 1.70 | 1.71 | -0.49% | 16.58 | 4.28% |
| Australia | 1.06 | 1.04 | 2.16% | 5.46 | 1.41% |
| UAE | 0.51 | 0.11 | 356.11% | 0.71 | 0.18% |
| Taiwan | 0.48 | 0.36 | 32.50% | 2.08 | 0.54% |
| Canada | 0.47 | 0.29 | 60.62% | 1.65 | 0.42% |
| South Africa | 0.06 | 0.04 | 46.78% | 0.16 | 0.04% |
| Armenia | 0.00 | 0.00 | 0.00% | 0.15 | 0.04% |