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Vietnam’s chemical product exports grow by 7.5 percent in November

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$

NovemberOctoberMoMYTD
Total235,160,369218,742,0787.5%2,462,272,386
Other26,202,99727,005,746-2.97%276,690,319
China44,713,87746,873,112-4.61%493,394,397
Laos31,518,95713,163,480139.44%112,443,588
Thailand26,319,22224,679,6196.64%365,628,659
Indonesia18,083,88913,691,59232.08%115,906,226
India14,703,86214,965,846-1.75%129,923,825
Japan11,195,15411,079,9701.04%122,621,876
USA8,900,0517,954,92211.88%87,571,095
South Korea8,486,22811,092,884-23.50%95,537,133
Cambodia8,329,9807,846,6616.16%100,315,867
Malaysia6,455,6507,167,330-9.93%229,477,934
Philippines6,000,5688,860,145-32.27%73,566,793
Bangladesh4,935,9593,473,33042.11%42,742,424
Singapore3,737,2973,302,93613.15%35,709,716
Taiwan3,689,9114,058,781-9.09%40,536,423
Australia2,444,1194,250,749-42.50%36,891,492
Saudi Arabia1,964,8281,914,6392.62%21,266,258
Kenya1,964,2351,011,12994.26%15,137,457
Pakistan1,436,364913,43157.25%10,653,063
Netherlands1,108,5431,115,342-0.61%13,423,356
Sri Lanka991,2051,062,748-6.73%8,864,596
South Africa621,229768,847-19.20%7,661,630
Myanmar (Burma)543,530597,884-9.09%7,298,607
HongKong512,030859,935-40.46%11,536,984
Algeria269,9041,031,020-73.82%6,850,646
Kazakhstan30,780#DIV/0!622,022

See also: How to Start an Export Business in Vietnam

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