Vietnam’s exports of still image, video cameras and parts thereof reached US$532.20 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant decrease of 17.68 percent compared to April, bringing the year-to-date (YTD) export value to US$2.91 billion.
Major Market Shifts:
- The overall decline was largely influenced by a sharp drop in exports to China, which plummeted by 37.16 percent to US$217.91 million. China, however, still remains the largest YTD market, accounting for 51.69 percent of the total.
- Germany also experienced a significant decrease of 35.28 percent.
Key Markets with Positive Growth:
- The USA remained a strong market, with exports increasing by 12.39 percent to US$144.02 million, making it the second largest YTD market with 19.51 percent of the total.
- Canada saw a remarkable surge of 86.76 percent, reaching US$9.81 million.
- Philippines exports jumped by 66.76 percent.
- Poland also showed strong growth, with an increase of 30.64 percent.
- Japan and Hong Kong registered healthy gains.
- Netherlands also saw a slight increase.
Significant Declines:
- Kazakhstan experienced a sharp drop of 66.63 percent.
- Taiwan exports fell by 16.01 percent.
- South Korea decreased by 9.25 percent.
- Australia saw a modest decline of 2.74 percent.
- Notably, there were no exports to Belgium in May, after small exports in April.
The May data for Vietnam’s exports of still image, video cameras and parts thereof indicates an overall monthly decline, primarily driven by the substantial drop in exports to China. Despite this, strong performances in markets like the USA, Canada, and the Philippines highlight diversifying demand and resilience in certain segments of the industry.
See also: Manufacturing in Vietnam 2025: Growth, Options & Other Key Considerations
Vietnam exports of still image, video cameras and parts thereof, May 2025, US$ millions
May | April | MoM | YTD | % of YTD | |
Total | 532.20 | 646.50 | -17.68% | 2,912.72 | 100.00% |
Other | 58.02 | 59.85 | -3.06% | 0.00 | 0.00% |
China | 217.91 | 346.77 | -37.16% | 1,505.65 | 51.69% |
USA | 144.02 | 128.14 | 12.39% | 568.19 | 19.51% |
South Korea | 35.18 | 38.76 | -9.25% | 181.28 | 6.22% |
Hong Kong | 20.11 | 18.95 | 6.16% | 98.56 | 3.38% |
Poland | 13.62 | 10.43 | 30.64% | 56.92 | 1.95% |
Japan | 11.12 | 10.08 | 10.30% | 54.40 | 1.87% |
Germany | 10.64 | 16.44 | -35.28% | 64.12 | 2.20% |
Canada | 9.81 | 5.25 | 86.76% | 24.44 | 0.84% |
Netherlands | 6.74 | 6.66 | 1.17% | 36.69 | 1.26% |
Australia | 2.04 | 2.10 | -2.74% | 11.69 | 0.40% |
Taiwan | 1.15 | 1.37 | -16.01% | 8.19 | 0.28% |
Norway | 0.92 | 0.95 | -2.31% | 4.21 | 0.14% |
Philippines | 0.83 | 0.50 | 66.76% | 6.68 | 0.23% |
Kazakhstan | 0.07 | 0.20 | -66.63% | 0.51 | 0.02% |
Belgium | 0.00 | 0.03 | -100.00% | 0.24 | 0.01% |