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Vietnam’s chemical product imports rise 6.87 percent in February 2025

Vietnam’s chemical product imports increased by 6.87 percent month-on-month in February, reaching US$578.89 million, according to Vietnam’s General Department of Customs. This follows January’s total of US$541.67 million, reflecting steady growth in chemical imports.

Year-to-date, total chemical product imports have reached US$1.12 billion, with China remaining the dominant supplier. Imports from China accounted for 35.63 percent of the total but declined by 16.51 percent month-on-month. In contrast, imports from South Korea, Japan, and Taiwan rose by 20.47 percent, 36.39 percent, and 8.98 percent, respectively.

Germany recorded the highest growth among major suppliers, with imports surging by 71.39 percent, while imports from Italy dropped by 35.40 percent. Canada and Switzerland also saw notable increases of 321.74 percent and 93.47 percent, respectively.

See also: Chemical Industry in Vietnam

Vietnam chemical product imports, February 2025, US$ millions

February % Total January MoM YTD
Total 578.89 100.00% 541.67 6.87% 1,121.11
Other 8.70 1.50% 6.28 38.54% 14.98
China 206.25 35.63% 247.04 -16.51% 453.05
South Korea 72.04 12.44% 59.80 20.47% 131.85
Japan 50.60 8.74% 37.10 36.39% 88.17
Taiwan 41.49 7.17% 38.07 8.98% 79.75
USA 32.52 5.62% 26.41 23.12% 58.92
Thailand 31.21 5.39% 23.44 33.15% 54.68
Germany 23.32 4.03% 13.60 71.39% 36.93
Malaysia 20.45 3.53% 17.75 15.22% 38.27
India 17.11 2.96% 13.33 28.36% 30.44
Indonesia 16.40 2.83% 11.77 39.26% 28.17
Singapore 14.84 2.56% 12.31 20.52% 27.16
France 6.37 1.10% 3.53 80.45% 9.91
Italy 5.86 1.01% 9.08 -35.40% 14.94
Spain 4.74 0.82% 2.59 82.89% 7.34
Netherlands 4.26 0.74% 2.80 52.17% 7.06
UK 4.06 0.70% 2.66 52.57% 6.73
Australia 3.10 0.54% 2.08 48.94% 5.19
Finland 2.10 0.36% 1.55 35.91% 3.65
Belgium 1.74 0.30% 1.69 3.28% 3.44
Canada 1.46 0.25% 0.35 321.74% 1.81
Denmark 1.29 0.22% 1.25 2.79% 2.54
Switzerland 1.25 0.22% 0.65 93.47% 1.90
New Zealand 1.21 0.21% 0.51 135.97% 1.73
Turkey 1.12 0.19% 1.12 -0.01% 2.24
Sweden 0.95 0.16% 0.75 26.58% 1.71
Poland 0.88 0.15% 1.72 -49.08% 2.60
Philippines 0.87 0.15% 0.34 151.54% 1.21
Ireland 0.84 0.14% 0.53 57.33% 1.37
South Africa 0.59 0.10% 0.13 358.04% 0.72
Hong Kong 0.50 0.09% 0.19 160.01% 0.70
Norway 0.32 0.06% 0.63 -49.34% 0.95
Russia 0.13 0.02% 0.28 -52.70% 0.41
Saudi Arabia 0.12 0.02% 0.00 0.00% 0.12
Qatar 0.10 0.02% 0.25 -58.01% 0.35
Lithuania 0.06 0.01% 0.06 4.31% 0.12

See also: How to Start an Import Business in Vietnam

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