Vietnam’s exports of toys and sports requisites; parts and accessories thereof reached US$539.25 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant increase of 14.59 percent compared to March, with a year-to-date (YTD) export value of US$1.77 billion.
USA remains the top export market with substantial growth:
The USA was the leading export market in April, with exports valued at US$369.93 million. This marks a substantial increase of 23.68 percent from March and accounts for the largest share of the year-to-date exports at 65.24 percent.
Japan remains a key export market with moderate growth:
Japan was the second-largest export market in April, with exports valued at US$47.83 million, showing an increase of 14.20 percent from the previous month. Japan accounts for 9.12 percent of the year-to-date exports.
UK records substantial growth:
Exports to the UK surged by 37.43 percent in April, reaching US$21.22 million. UK accounts for 3.81 percent of the year-to-date exports.
China sees a slight decrease:
Exports to China saw a decrease of 10.16 percent in April, falling to US$13.82 million. China accounts for 2.76 percent of the year-to-date exports.
Netherlands records substantial growth:
Exports to the Netherlands increased by 18.70 percent in April, reaching US$11.03 million. Netherlands accounts for 2.02 percent of the year-to-date exports.
Significant month-on-month increases and decreases:
UK experienced the largest month-on-month increase at 37.43 percent, followed by France and Mexico. Conversely, Germany experienced the most significant decrease at 67.46 percent, followed by Spain and Russia.
See also: Vietnam’s Toy Industry: Overview
Vietnam exports of toys and sports requisites, April 2025, US$ millions
April | March | MoM | YTD | % of YTD | |
Total | 539.25 | 470.60 | 14.59% | 1,774.79 | 100.00% |
Other | 18.91 | 18.66 | 1.32% | 71.96 | 4.05% |
Japan | 47.83 | 41.88 | 14.20% | 161.83 | 9.12% |
UK | 21.22 | 15.44 | 37.43% | 67.62 | 3.81% |
China | 13.82 | 15.39 | -10.16% | 48.94 | 2.76% |
Netherlands | 11.03 | 9.30 | 18.70% | 35.87 | 2.02% |
Mexico | 10.18 | 8.51 | 19.57% | 32.65 | 1.84% |
Canada | 7.31 | 6.63 | 10.28% | 26.37 | 1.49% |
Australia | 6.52 | 7.23 | -9.87% | 25.58 | 1.44% |
Germany | 4.36 | 13.40 | -67.46% | 27.34 | 1.54% |
Belgium | 4.12 | 3.49 | 18.06% | 19.62 | 1.11% |
France | 3.75 | 2.79 | 34.81% | 10.98 | 0.62% |
Hong Kong | 3.60 | 3.00 | 19.89% | 11.74 | 0.66% |
Spain | 3.48 | 9.70 | -64.14% | 21.48 | 1.21% |
Italy | 2.71 | 2.93 | -7.54% | 10.69 | 0.60% |
Brazil | 2.34 | 2.07 | 12.67% | 7.77 | 0.44% |
Taiwan | 1.30 | 1.14 | 14.37% | 3.97 | 0.22% |
Singapore | 1.24 | 1.55 | -19.55% | 5.03 | 0.28% |
Malaysia | 0.64 | 0.87 | -25.89% | 2.94 | 0.17% |
Sweden | 0.45 | 1.55 | -70.79% | 4.16 | 0.23% |
Russia | 0.42 | 1.11 | -62.04% | 2.80 | 0.16% |
Denmark | 0.41 | 0.46 | -11.25% | 1.51 | 0.09% |
USA | 369.93 | 299.09 | 23.68% | 1,157.92 | 65.24% |
South Korea | 3.66 | 4.40 | -16.81% | 16.04 | 0.90% |