Vietnam’s exports of clinker and cement experienced a significant surge in October 2024, with export volumes reaching 2.73 million tonnes, valued at US$107.32 million. This marks a 35.4 percent increase in volume and an impressive 43.2 percent rise in value compared to September, when 2.02 million tonnes were exported, earning US$74.94 million, according to Vietnam’s General Department of Customs
Despite the strong performance in October, year-to-date figures reveal a decline. From January to October, Vietnam exported 25.21 million tonnes of clinker and cement valued at US$967.97 million. This represents a 3.9 percent drop in volume and a 14.1 percent decrease in value compared to the same period in 2023.
The October growth indicates a potential recovery for the sector, but the year-to-date declines suggest persistent challenges, such as fluctuating global demand and competitive pricing pressures. Sustained efforts will be needed to stabilise and improve export performance in the coming months.
See also: Construction Industry in Vietnam
Vietnam’s clinker and cement exports, October vs. September 2024
October | September | Change | YTD | |
Total | 107,318,270 | 74,940,538 | 43.20% | 967,972,011 |
Angola | 0 | 0 | 0.00% | 1,521,188 |
Australia | 3,552,446 | 1,501,236 | 136.63% | 22,231,212 |
Bangladesh | 9,959,700 | 13,795,897 | -27.81% | 156,734,995 |
Cambodia | 326,737 | 425,402 | -23.19% | 3,560,524 |
Chile | 1,559,280 | 0 | 0.00% | 9,405,040 |
China | 0 | 0 | 0.00% | 1,572,297 |
Indonesia | 0 | 0 | 0.00% | 23,000 |
Laos | 359,362 | 188,787 | 90.35% | 2,237,853 |
Malaysia | 7,632,340 | 3,633,352 | 110.06% | 45,644,492 |
Peru | 1,651,853 | 1,906,469 | -13.36% | 13,848,537 |
Philippines | 32,874,767 | 18,377,654 | 78.88% | 265,608,377 |
Taiwan | 4,068,470 | 4,341,298 | -6.28% | 44,025,324 |
Other | 45,333,315 | 30,770,443 | 47.33% | 401,559,172 |