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.

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%

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