Vietnam’s clinker and cement exports in November 2024 dropped to US$82.79 million, reflecting a 22.9 percent decline compared to October, according to Vietnam’s General Department of Customs. Year-to-date exports amounted to US$1.05 billion, showcasing steady demand despite recent setbacks.
The Philippines remained the largest market, with imports of US$33.87 million, a slight 3.03 percent increase month-on-month. Bangladesh recorded a notable decline of 13.18 percent, with imports valued at US$8.65 million. Other key markets such as Malaysia and Taiwan experienced substantial drops of 32.39 percent and 30.30 percent, respectively. In contrast, Laos saw a remarkable increase of 48.10 percent, albeit from a smaller base.
The data indicates varying market dynamics, with some regions showing resilience while others face significant downturns, underlining the need for diversified export strategies in this sector.
See also: Cement Industry in Vietnam
Vietnam clinker and cement exports, November 2024, US$
November | October | MoM | YTD | |
Total | 82,788,905 | 107,318,270 | -22.9 | 1,050,384,053 |
Other | 27,651,428 | 45,333,315 | -39.00% | 428,788,783 |
Philippines | 33,872,422 | 32,874,767 | 3.03% | 299,667,065 |
Bangladesh | 8,646,811 | 9,959,700 | -13.18% | 165,344,881 |
Malaysia | 5,160,475 | 7,632,340 | -32.39% | 50,665,106 |
Taiwan | 2,835,741 | 4,068,470 | -30.30% | 46,894,065 |
Peru | 1,901,060 | 1,651,853 | 15.09% | 15,749,597 |
Chile | 1,395,000 | 1,559,280 | -10.54% | 10,800,040 |
Laos | 532,219 | 359,362 | 48.10% | 2,772,546 |
Australia | 518,752 | 3,552,446 | -85.40% | 22,749,964 |
Cambodia | 274,997 | 326,737 | -15.84% | 3,835,521 |
Angola | 0 | 0 | 0.00% | 1,521,188 |
China | 0 | 0 | 0.00% | 1,572,297 |
Indonesia | 0 | 0 | 0.00% | 23,000 |