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 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, an increase 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, an increase of 29.31 percent. Year to date, Japan has shipped US$175 million worth of chemicals to Vietnam.

The United States contributed US$69 million in March, up from US$41 million in February, an increase of 67.11 percent. Year to date, the United States has shipped US$180 million worth of chemicals to Vietnam.

Taiwan recorded US$67 million in March, up from US$55 million in February, an increase of 21.62 percent. Year to date, Taiwan has shipped US$182 million worth of chemicals to Vietnam.

Malaysia rounded out the top five with US$62 million in March, up from US$50 million in February, an increase of 23.90 percent. Year to date, Malaysia has shipped US$167 million worth of chemicals to Vietnam.

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Listed chemical companies

Key chemical 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.

Binh Son Refining and Petrochemical JSC (BSR)

Binh Son Refining and Petrochemical JSC (BSR) operates the Dung Quat Refinery and engages in refining crude oil and producing petroleum products. (BSR)

In March, BSR shares moved from 31.20 to 27.65, a change of -3.55 (-11.38%).

Foreign ownership moved from 23,420,089.09 to 23,546,224.79, a change of 126,135.70 (0.54%).

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:

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 have 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