Vietnam’s chemical product exports reached US$218.74 million in November, representing a 7.5 percent month-on-month increase, according to Vietnam’s General Department of Customs. Year-to-date export values totalled US$2.46 billion, showcasing resilience in this key industrial sector.
China was the largest importer of Vietnamese chemical products, with US$44.71 million, though it experienced a slight drop of 4.61 percent from October. Laos recorded the most substantial growth, with a 139.44 percent increase to US$31.52 million. Meanwhile, Indonesia and Thailand saw steady growth at 32.08 percent and 6.64 percent, respectively. South Korea, however, experienced a notable decline of 23.5 percent to US$8.48 million.
The growth of chemical product exports highlights Vietnam’s capacity to meet diverse market demands, despite fluctuating global economic conditions.
See also: Chemical Industry in Vietnam
Vietnam chemical product exports, November 2024, US$
November | October | MoM | YTD | |
Total | 235,160,369 | 218,742,078 | 7.5% | 2,462,272,386 |
Other | 26,202,997 | 27,005,746 | -2.97% | 276,690,319 |
China | 44,713,877 | 46,873,112 | -4.61% | 493,394,397 |
Laos | 31,518,957 | 13,163,480 | 139.44% | 112,443,588 |
Thailand | 26,319,222 | 24,679,619 | 6.64% | 365,628,659 |
Indonesia | 18,083,889 | 13,691,592 | 32.08% | 115,906,226 |
India | 14,703,862 | 14,965,846 | -1.75% | 129,923,825 |
Japan | 11,195,154 | 11,079,970 | 1.04% | 122,621,876 |
USA | 8,900,051 | 7,954,922 | 11.88% | 87,571,095 |
South Korea | 8,486,228 | 11,092,884 | -23.50% | 95,537,133 |
Cambodia | 8,329,980 | 7,846,661 | 6.16% | 100,315,867 |
Malaysia | 6,455,650 | 7,167,330 | -9.93% | 229,477,934 |
Philippines | 6,000,568 | 8,860,145 | -32.27% | 73,566,793 |
Bangladesh | 4,935,959 | 3,473,330 | 42.11% | 42,742,424 |
Singapore | 3,737,297 | 3,302,936 | 13.15% | 35,709,716 |
Taiwan | 3,689,911 | 4,058,781 | -9.09% | 40,536,423 |
Australia | 2,444,119 | 4,250,749 | -42.50% | 36,891,492 |
Saudi Arabia | 1,964,828 | 1,914,639 | 2.62% | 21,266,258 |
Kenya | 1,964,235 | 1,011,129 | 94.26% | 15,137,457 |
Pakistan | 1,436,364 | 913,431 | 57.25% | 10,653,063 |
Netherlands | 1,108,543 | 1,115,342 | -0.61% | 13,423,356 |
Sri Lanka | 991,205 | 1,062,748 | -6.73% | 8,864,596 |
South Africa | 621,229 | 768,847 | -19.20% | 7,661,630 |
Myanmar (Burma) | 543,530 | 597,884 | -9.09% | 7,298,607 |
HongKong | 512,030 | 859,935 | -40.46% | 11,536,984 |
Algeria | 269,904 | 1,031,020 | -73.82% | 6,850,646 |
Kazakhstan | 30,780 | #DIV/0! | 622,022 |