In January, Vietnam imported US$103.50 million worth of goods from Saudi Arabia, down from US$116.68 million in December, a change of -11.30 percent, according to preliminary data from Vietnam’s General Department of Customs.
So far this year, Vietnam has imported US$103 million worth of goods from Saudi Arabia.
Vietnam imported US$91.20 million worth of plastics from Saudi Arabia in January. This was up from US$80.04 million in December, a change of 13.94 percent.
Vietnam imported US$07.36 million worth of chemicals from Saudi Arabia in January. This was down from US$7.73 million in December, a change of -4.80 percent.
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Vietnam’s trade with Saudi Arabia
In January, Vietnam imported goods worth US$103.50 million from Saudi Arabia and exported US$222.91 million, bringing total trade to US$326.41 million and resulting in a trade surplus of US$119.42 million.
Two-way trade so far this year between Vietnam and Saudi Arabia has reached US$326.41 million, with Vietnam importing US$103.50 million worth of goods and exporting US$222.91 million.
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Vietnam-Saudi Arabia news
Recent developments in trade and investment between the two countries include:
LPG supply disruptions
PVGas Trading has notified customers of disruptions to LPG supplies after a jetty collapse at Saudi Aramco’s Juaymah NGL facility on February 23 and conflict in the Middle East.
All liquefied petroleum gas cargoes scheduled from March 10 to Thi Vai and Diem Dien terminals have been suspended, it says.
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Vietnam-Saudi Arabia trade relations
Vietnam and Saudi Arabia established diplomatic relations in 1999, providing a framework for expanding trade and investment links.
Bilateral trade has grown steadily since the 2000s, with Saudi Arabia emerging as one of Vietnam’s key partners in the Middle East.
The two countries have signed agreements covering economic, trade and investment cooperation, as well as labour collaboration that facilitates Vietnamese workers in the Kingdom.
Recent engagement has focused on energy cooperation, food security and halal market access, reflecting efforts to deepen economic ties and diversify supply chains.
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The data
Vietnam imports from Saudi Arabia in January US$m
| January | December | MoM | YTD | |
| Total | 103.50 | 116.68 | -11.30% | 103.50 |
| plastics | 91.20 | 80.04 | 13.94% | 91.20 |
| chemicals | 7.36 | 7.73 | -4.80% | 7.36 |
| other products | 4.90 | 4.66 | 5.23% | 4.90 |
| chemical products | 0.04 | 0.00 | 0.00% | 0.04 |
| fertilizers | 0.00 | 0.03 | -100.00% | 0.00 |
| iron and steel | 0.00 | 0.00 | 0.00% | 0.00 |
| liquefied petroleum gases (lpg) | 0.00 | 24.22 | -100.00% | 0.00 |
Vietnam trade with Saudi Arabia year to date US$m
| January | December | MoM | YTD | |
| Imports | 103.50 | 116.68 | -11.30% | 103.50 |
| Exports | 222.91 | 181.74 | 22.66% | 222.91 |
| Total | 326.41 | 298.42 | 9.38% | 326.41 |
| Balance | 119.42 | 65.05 | 83.57% | 119.42 |