Vietnam imported LPG to the tune of US$206 million in May, down from US$387 million in April, a change of -46.84 percent, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had imported US$1,119 million worth of LPG by the end of May.
Vietnam’s LPG industry
Vietnam’s liquefied petroleum gas industry supplies households, commercial users, and industry, with demand driven by urbanisation and rising living standards.
The market relies heavily on imports alongside limited domestic output from refineries such as Dung Quat and Nghi Son.
Distribution is fragmented, with numerous private players competing on price, branding, and cylinder networks across urban and rural areas.
The sector faces challenges including price volatility linked to global markets, safety and regulatory enforcement, and competition from alternative energy sources.
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The data
Vietnam imports of LPG in May, 2026 US$m
| May | April | MoM | YTD | |
| Total | 205.73 | 387.02 | -46.84% | 1,119.09 |
| Other | 106.87 | 285.94 | -62.63% | 774.90 |
| Malaysia | 59.43 | 37.64 | 57.91% | 150.31 |
| China | 21.79 | 57.35 | -62.00% | 150.82 |
| Austria | 14.79 | 0.00 | 0.00% | 17.82 |
| South Korea | 2.86 | 6.09 | -53.10% | 25.23 |