Vietnam’s crude oil imports increased by 30.73 percent month-on-month in February, reaching US$804.76 million, according to Vietnam’s General Department of Customs. This brings total year-to-date crude oil imports to US$1.46 billion.
Kuwait remained Vietnam’s dominant supplier, accounting for 80 percent of total imports. Shipments from Kuwait rose by 44.21 percent month-on-month to US$643.78 million. Meanwhile, imports from other sources decreased by 4.84 percent, totaling US$160.98 million.
The sharp rise in crude oil imports underscores Vietnam’s growing energy needs and refinery operations, with Kuwait continuing to be the primary source for the country’s crude supply.
See also: Crude Oil Industry in Vietnam
Vietnam crude oil imports, February 2025, US$ millions
| February | % Total | January | MoM | YTD | |
| Total | 804.76 | 100.00% | 615.58 | 30.73% | 1,457.40 |
| Other | 160.98 | 20.00% | 169.16 | -4.84% | 341.22 |
| Kuwait | 643.78 | 80.00% | 446.42 | 44.21% | 1,116.18 |