Vietnam chemicals imports up 56.75 percent in March 2026 / China 83.03%, Japan 29.31%

Vietnam imported chemicals to the tune of US$892 million in March, up from US$569 million in February, a change of 56.75 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam had imported US$2,188 million worth of chemicals by the end of March.

China accounted for US$399 million of Vietnam’s chemicals imports in March, up from US$218 million in February, a rise of 83.03 percent. Year to date, China has shipped US$947 million worth of chemicals to Vietnam.

Japan followed with US$74 million in March, up from US$57 million in February, a 29.31 percent increase. Year to date, Japan has exported US$175 million to Vietnam.

The USA recorded US$69 million in March, up from US$41 million in February, a rise of 67.11 percent. Year to date, exports reached US$180 million.

Taiwan posted US$67 million in March, up from US$55 million in February, a 21.62 percent increase. Year to date, shipments totalled US$182 million.

Malaysia rounded out the top five with US$62 million in March, up from US$50 million in February, a 23.90 percent increase. Year to date, exports reached US$167 million.

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Listed chemicals companies

Key chemicals firms listed on the Vietnam stock exchange include:

PetroVietnam Fertilizer and Chemicals Corporation (DPM)

PetroVietnam Fertilizer and Chemicals Corporation (DPM) produces urea and chemical fertilisers under the Phu My brand. (DPM)

In March, DPM shares moved from 27.60 to 29.85, a change of 2.25 (8.15%).

Foreign ownership moved from 3,016,008.35 to 2,990,740.07, a change of -25,268.28 (-0.84%).

Southern Fertilizer JSC (SFG)

Southern Fertilizer JSC (SFG) manufactures and trades fertilisers, chemicals, and agricultural materials. (SFG)

In March, SFG shares moved from 10.55 to 10.50, a change of -0.05 (-0.47%).

Foreign ownership was unchanged.

PetroVietnam Transportation JSC (PVT)

PetroVietnam Transportation JSC (PVT) operates a fleet transporting crude oil, petroleum, and chemicals across Vietnam and internationally. (PVT)

In March, PVT shares moved from 24.05 to 21.80, a change of -2.25 (-9.36%).

Foreign ownership moved from 1,792,474.01 to 1,701,922.19, a change of -90,551.82 (-5.05%).

Tay Ninh Seed JSC (TSC)

Tay Ninh Seed JSC (TSC) researches, produces, and trades agricultural seeds, fertilisers, and chemicals. (TSC)

In March, TSC shares moved from 2.83 to 2.53, a change of -0.30 (-10.60%).

Foreign ownership was unchanged.

South Basic Chemicals JSC (CSV) (CSV)

South Basic Chemicals Joint Stock Company (CSV) manufactures and supplies basic inorganic and chlorine-soda chemicals from its production bases in southern Vietnam. (CSV)

In March, CSV shares moved from 31.65 to 27.00, a change of -4.65 (-14.69%).

Foreign ownership moved from 537,030.57 to 543,875.56, a change of 6,844.99 (1.27%).

Duc Giang Chemicals Group JSC (DGC)

Duc Giang Chemicals Group JSC (DGC) manufactures and exports industrial chemicals, phosphorus, and fertilisers across Asia and Europe. (DGC)

In March, DGC shares moved from 73.80 to 50.20, a change of -23.60 (-31.98%).

Foreign ownership moved from 1,553,948.13 to 1,627,688.90, a change of 73,740.77 (4.75%).

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Vietnam chemicals news

Recent developments include:

HCMC petrochemical complex to shutdown from mid-May

Thailand’s Siam Cement Group (SCG) has said it will suspend operations at its Long Son Petrochemicals complex in Vietnam from mid-May 2026 due to prolonged Middle East instability disrupting feedstock supply and raising costs.

The suspension is expected to cost around THB 250 million per month, equivalent to roughly VND 200 billion (US$7.6 million).

SCG will use the downtime for maintenance and to accelerate its US$500 million ethane-based upgrade project. Read more→

Chemicals imports in March

Vietnam imported chemicals to the tune of US$892 million in March, up from US$569 million in February, a change of 56.75 percent, according to preliminary data from Vietnam’s General Department of Customs. Read more→

Chemical imports scrutiny complaints

The US-ASEAN Business Council has raised concerns that some customs units are imposing full disclosure requirements, including CAS codes and concentration levels on chemical imports.

Businesses have said full disclosure risks exposing trade secrets and increasing costs and delays, and called for clear, consistent rules across the system.

The Customs Department is currently reviewing the complaints. Read more→

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Vietnam’s chemicals industry

Vietnam’s chemicals industry underpins key manufacturing sectors including plastics, textiles, agriculture, and electronics, with demand closely tied to industrial output and export activity.

The country remains heavily reliant on imports for upstream chemical inputs, particularly from regional suppliers, while domestic production is concentrated in basic chemicals and fertilisers.

Rising industrialisation, foreign investment, and supply chain diversification are driving steady growth in chemical consumption across both export-oriented and domestic industries.

Regulatory oversight, environmental standards, and energy costs continue to shape investment and expansion in the sector, particularly for higher value-added and specialty chemicals.

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The data

Vietnam imports of chemicals in March, 2026 US$m