Vietnam’s crude oil exports decreased by 46 percent in February 2025 compared to January, amounting to US$123.52 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s total crude oil exports for 2025 reached US$252.71 million, reflecting significant declines across major markets.
The drop in exports was primarily attributed to a decrease in shipments to Australia, which fell by 54.01 percent, totalling US$47.74 million. Exports to Singapore also dropped by 30.63 percent. Thailand saw a reduction of 51.82 percent in exports, amounting to US$24.77 million.
See also: Crude Oil Industry in Vietnam
Vietnam crude oil exports, February 2025, US$ millions
| February | January | MoM | % of Total | YTD | |
| Total | 123.52 | 228.75 | -46.00% | 100.00% | 252.71 |
| Other | 0.00 | 0.00 | 0.00% | 0.00% | 0.00 |
| Australia | 47.74 | 103.81 | -54.01% | 38.65% | 151.55 |
| Singapore | 51.01 | 73.54 | -30.63% | 41.30% | 51.01 |
| Thailand | 24.77 | 51.40 | -51.82% | 20.05% | 50.15 |
See also: How to Start an Export Business in Vietnam.