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Vietnam’s cosmetics imports remain steady in October

Vietnam’s cosmetics imports totalled US$116.07 million in October, showing a slight increase of 0.13 percent compared to September. Year-to-date imports reached US$1.17 billion.

China was the leading supplier, contributing US$14.81 million in October, an increase of 12.56 percent month-on-month. Singapore followed with US$32.59 million, though it saw a decline of 3.16 percent. South Korea, another major supplier, recorded an increase of 6.53 percent, reaching US$14.87 million.

Poland showed strong growth, with imports rising by 22.91 percent to US$1.26 million. Switzerland recorded the highest percentage growth among smaller suppliers, surging by 82.88 percent to US$0.81 million.

Conversely, imports from France dropped significantly by 24.62 percent to US$4.66 million. The Philippines saw the largest decrease, falling by 50.05 percent to US$0.02 million. Imports from Malaysia and Taiwan also declined, falling by 14.69 percent and 13.77 percent, respectively.

The stability in overall cosmetics imports reflects steady demand, with strong contributions from China, Singapore, and South Korea, despite notable declines from France and other secondary markets.

See also: 

Vietnam imports of essential oils, perfumes, and cosmetics, October vs. September 2024, US$

OctoberSeptemberMoMYTD
Total116,065,257115,913,3750.13%1,167,308,266
Other6,679,9297,096,066-5.86%60,160,326
Singapore32,586,64333,650,151-3.16%342,726,318
South Korea14,873,78113,961,5996.53%156,991,832
Thailand13,343,86613,110,6491.78%125,555,190
China14,808,55413,156,63812.56%121,706,751
USA7,759,8567,479,1593.75%85,527,371
Indonesia7,927,2407,784,8671.83%79,941,343
France4,659,3126,181,198-24.62%59,077,967
Japan4,402,8124,243,0713.76%45,700,508
Italy2,137,8442,246,991-4.86%26,276,734
Germany2,616,4812,554,9072.41%18,024,239
UK981,3961,436,945-31.70%16,383,033
Malaysia691,049810,092-14.69%8,843,163
Poland1,256,4311,022,22522.91%8,447,113
Switzerland811,234443,59382.88%6,090,626
Taiwan484,716562,093-13.77%4,455,558
Ireland22,719130,296-82.56%1,002,764
Philippines21,39442,835-50.05%397,430
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