Vietnam’s exports of chemical products recorded moderate growth in October, with export value reaching US$218.74 million. This represents a 5.8 percent increase compared to US$206.69 million in September, indicating steady demand for the country’s chemical exports, according to Vietnam’s General Department of Customs.
Year-to-date figures are more encouraging, with chemical exports from January to October totalling US$2.22 billion. This marks a 12.1 percent increase compared to the same period in 2023, highlighting robust growth in the sector over the year.
The steady rise in chemical exports demonstrates Vietnam’s growing competitiveness in the global chemicals market, supported by increasing production capacity and demand for industrial and consumer chemical products. October’s growth further underscores the sector’s stability and potential for sustained expansion.
See also: Manufacturing in Vietnam
Vietnam’s chemical product exports, October vs. September 2024
| October | September | Change | YTD | |
| Total | 218,742,078 | 206,694,624 | 5.83% | 2,224,103,931 |
| Other | 25,411,107 | 21,773,862 | 16.70% | 240,567,825 |
| Algeria | 1,031,020 | 602,523 | 71.12% | 6,580,742 |
| Australia | 4,250,749 | 3,790,252 | 12.15% | 34,238,342 |
| Bangladesh | 3,473,330 | 3,200,325 | 8.53% | 37,790,157 |
| Cambodia | 7,846,661 | 8,393,399 | -6.51% | 92,004,504 |
| China | 46,873,112 | 46,040,288 | 1.81% | 447,656,082 |
| Germany | 1,594,639 | 1,116,382 | 42.84% | 9,339,202 |
| HongKong | 859,935 | 657,569 | 30.77% | 11,009,085 |
| India | 14,965,846 | 11,544,751 | 29.63% | 115,214,389 |
| Indonesia | 13,691,592 | 8,468,972 | 61.67% | 97,738,385 |
| Japan | 11,079,970 | 11,176,509 | -0.86% | 111,242,657 |
| Kazakhstan | 0 | 161,922 | -100.00% | 591,242 |
| Kenya | 1,011,129 | 1,485,632 | -31.94% | 13,173,221 |
| Laos | 13,163,480 | 20,057,400 | -34.37% | 80,924,631 |
| Malaysia | 7,167,330 | 6,135,401 | 16.82% | 222,915,327 |
| Myanmar (Burma) | 597,884 | 681,885 | -12.32% | 6,755,077 |
| Netherlands | 1,115,342 | 1,173,436 | -4.95% | 12,225,849 |
| Pakistan | 913,431 | 1,087,564 | -16.01% | 9,216,700 |
| Philippines | 8,860,145 | 5,502,090 | 61.03% | 67,362,486 |
| Saudi Arabia | 1,914,639 | 1,883,220 | 1.67% | 19,301,430 |
| Singapore | 3,302,936 | 3,453,229 | -4.35% | 31,772,845 |
| South Africa | 768,847 | 719,209 | 6.90% | 6,966,085 |
| South Korea | 11,092,884 | 8,369,526 | 32.54% | 86,975,799 |
| Sri Lanka | 1,062,748 | 691,347 | 53.72% | 7,905,338 |
| Taiwan | 4,058,781 | 3,045,609 | 33.27% | 36,701,678 |
| Thailand | 24,679,619 | 28,527,192 | -13.49% | 339,280,586 |
| United States of America | 7,954,922 | 6,955,130 | 14.37% | 78,654,267 |