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Toys & sports requisites: Vietnam exports up 14.59 percent in April, USA top destination

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

AprilMarchMoMYTD% of YTD
Total539.25470.6014.59%1,774.79100.00%
Other18.9118.661.32%71.964.05%
Japan47.8341.8814.20%161.839.12%
UK21.2215.4437.43%67.623.81%
China13.8215.39-10.16%48.942.76%
Netherlands11.039.3018.70%35.872.02%
Mexico10.188.5119.57%32.651.84%
Canada7.316.6310.28%26.371.49%
Australia6.527.23-9.87%25.581.44%
Germany4.3613.40-67.46%27.341.54%
Belgium4.123.4918.06%19.621.11%
France3.752.7934.81%10.980.62%
Hong Kong3.603.0019.89%11.740.66%
Spain3.489.70-64.14%21.481.21%
Italy2.712.93-7.54%10.690.60%
Brazil2.342.0712.67%7.770.44%
Taiwan1.301.1414.37%3.970.22%
Singapore1.241.55-19.55%5.030.28%
Malaysia0.640.87-25.89%2.940.17%
Sweden0.451.55-70.79%4.160.23%
Russia0.421.11-62.04%2.800.16%
Denmark0.410.46-11.25%1.510.09%
USA369.93299.0923.68%1,157.9265.24%
South Korea3.664.40-16.81%16.040.90%
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