Vietnam imported petrol and diesel to the tune of US$1,257 million in April, down from US$1,455 million in March, a change of -13.60 percent, according to preliminary data from Vietnam’s General Department of Customs.
Vietnam imported US$4,263 million worth of petrol and diesel in the first four months of 2026.
Malaysia was Vietnam’s largest source of petrol and diesel imports in April, accounting for US$415 million. This was up 117.74 percent from US$191 million in March. Year to date, Malaysia has shipped US$953 million worth of petrol and diesel to Vietnam.
South Korea followed with US$369 million worth of petrol and diesel exports to Vietnam in April, down 31.69 percent from US$541 million in March. In the first four months of the year, South Korea shipped US$1,305 million worth of petrol and diesel to Vietnam.
Singapore exported US$291 million worth of petrol and diesel to Vietnam in April, a decline of 39.54 percent from US$482 million in March. Year to date exports from Singapore reached US$1,285 million.
China accounted for US$116 million worth of Vietnam’s petrol and diesel imports in April, down 13.68 percent from US$134 million in March. Year to date, China has exported US$395 million worth of petrol and diesel to Vietnam.
Vietnam’s petrol and diesel industry
Vietnam’s petrol industry is a key component of its energy system, underpinning transport, logistics, and broader economic activity.
Supply is driven by domestic refineries and imports, with dependence on global crude markets exposing the sector to price volatility.
Retail fuel prices are regulated by the government through a managed pricing mechanism aimed at balancing stability and market signals.
The sector faces rising demand from economic growth alongside structural pressures from energy transition policies and shifts toward alternative fuels.
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The data
Vietnam imports of petrol and diesel in April, 2026 US$m
| April | March | MoM | YTD | |
| Total | 1,257.50 | 1,455.39 | -13.60% | 4,263.25 |
| Other | 65.96 | 32.27 | 104.40% | 130.28 |
| Malaysia | 414.93 | 190.57 | 117.74% | 952.71 |
| South Korea | 369.25 | 540.56 | -31.69% | 1,304.62 |
| Singapore | 291.40 | 481.97 | -39.54% | 1,285.47 |
| China | 115.87 | 134.22 | -13.68% | 394.75 |
| Russia | 0.09 | 0.00 | 0.00% | 0.09 |
| Thailand | 0.00 | 10.03 | -100.00% | 125.76 |
| Taiwan | 0.00 | 65.77 | -100.00% | 69.58 |