Vietnam’s exports of other base metals and base metal products reached US$330.80 million in October 2024, marking a 6.4 percent increase compared to September’s US$310.76 million. The rise highlights consistent demand for Vietnam’s base metal exports in global markets, according to Vietnam’s General Department of Customs.
Year-to-date figures also reflect stable growth. From January to October, exports in this category totalled US$3.47 billion, a 3.6 percent increase compared to the same period in 2023.
The modest but steady year-to-date growth underscores Vietnam’s competitiveness in producing base metals and related products. October’s performance indicates continued opportunities for expansion in this sector, supported by diversified markets and consistent international demand.
See also: Mining in Vietnam: Industry Overview
Vietnam’s base metals and metal product exports, October vs. September 2024, US$
October | September | MoM | YTD | |
Total | 330,802,876 | 310,764,246 | 6.45% | 3,470,771,033 |
Other | 38,565,204 | 24,254,944 | 59.00% | 329,501,153 |
USA | 63,069,290 | 65,981,374 | -4.41% | 667,833,594 |
India | 47,986,148 | 69,298,752 | -30.75% | 635,697,789 |
China | 32,017,762 | 19,849,617 | 61.30% | 317,393,346 |
South Korea | 32,107,795 | 27,704,782 | 15.89% | 311,833,225 |
Japan | 28,115,792 | 25,791,186 | 9.01% | 280,995,723 |
Taiwan | 13,128,612 | 8,749,705 | 50.05% | 132,050,323 |
Thailand | 11,995,671 | 8,992,071 | 33.40% | 131,558,747 |
Cambodia | 10,393,479 | 9,027,552 | 15.13% | 126,715,588 |
Canada | 8,804,903 | 9,116,057 | -3.41% | 111,383,423 |
Germany | 4,228,048 | 3,615,282 | 16.95% | 73,093,555 |
United Kingdom | 7,313,962 | 7,924,727 | -7.71% | 62,952,541 |
Malaysia | 6,369,605 | 5,296,458 | 20.26% | 54,378,327 |
Australia | 7,038,694 | 5,526,639 | 27.36% | 48,863,856 |
Netherlands | 4,566,326 | 3,086,823 | 47.93% | 38,564,268 |
Poland | 2,202,485 | 4,378,314 | -49.70% | 31,832,813 |
Philippines | 1,502,252 | 2,648,828 | -43.29% | 24,039,240 |
Brazil | 3,208,795 | 2,162,512 | 48.38% | 23,252,722 |
Singapore | 3,057,060 | 2,322,785 | 31.61% | 20,216,649 |
Hungary | 1,739,665 | 1,610,317 | 8.03% | 14,676,780 |
Indonesia | 1,196,211 | 1,462,975 | -18.23% | 12,019,859 |
Myanmar (Burma) | 245,346 | 388,923 | -36.92% | 5,603,375 |
HongKong | 874,226 | 445,679 | 96.16% | 4,373,881 |
Laos | 303,003 | 445,942 | -32.05% | 3,830,347 |
Egypt | 243,059 | 247,267 | -1.70% | 3,535,120 |
Czech Republic | 436,910 | 274,688 | 59.06% | 3,501,721 |
Sweden | 92,573 | 160,047 | -42.16% | 771,926 |
Greece | 0 | 0 | 0.00% | 301,142 |