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Vietnam’s chemical exports show strong growth in October and year-to-date figures

Vietnam’s exports of chemicals surged in October 2024, with export value reaching US$253.09 million. This represents a 12 percent increase compared to September’s US$225.99 million, highlighting robust demand for Vietnamese chemical products, according to Vietnam’s General Department of Customs.

Year-to-date figures also indicate significant growth. From January to October, chemical exports totalled US$2.28 billion, a 15.2 percent increase compared to the same period in 2023.

The consistent year-to-date rise and October’s double-digit growth underline Vietnam’s strengthening position in the global chemical market. The sector’s continued expansion reflects enhanced production capabilities and rising international demand for industrial and specialty chemicals.

See also: Manufacturing in Vietnam: Ultimate Guide

Vietnam’s chemical exports, October vs. September 2024

OctoberSeptemberChangeYTD
Total253,094,441225,994,11211.99%2,282,838,315
Bangladesh401,240203,38497.28%2,804,523
Cambodia5,010,6624,580,8649.38%40,543,824
Canada694,7183,111,835-77.67%14,531,533
China82,867,53051,915,14159.62%597,651,439
Iceland000.00%289,908
India13,300,81430,123,834-55.85%265,871,454
Indonesia30,736,10453,270,416-42.30%279,697,466
Italy2,266,7763,934,538-42.39%22,390,299
Japan42,984,34827,586,30255.82%321,506,778
Malaysia22,117,2071,853,5541093.23%150,353,856
Myanmar (Burma)219,048328,395-33.30%8,015,739
Netherlands6,174,1291,691,328265.05%32,897,622
Philippines638,870866,238-26.25%14,840,594
South Korea12,862,8237,943,36761.93%104,227,975
Taiwan4,403,0154,733,425-6.98%86,982,129
Thailand1,890,3133,299,045-42.70%60,021,717
United States of America5,319,9237,765,107-31.49%50,314,575
Other21,206,92122,787,339-6.94%229,896,884

 

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