Vietnam’s exports of precious stones and metals declined by 8.67 percent month-on-month in January, reaching US$43.81 million, according to Vietnam’s General Department of Customs.

The US remained the largest market, accounting for 30.56 percent of total exports at US$13.39 million, a 21.19 percent decrease from December. South Korea followed with US$6.04 million, representing 13.79 percent of total exports, rising by 26.72 percent. Japan ranked third with US$5.47 million, making up 12.48 percent of total exports, declining by 10.55 percent.

Compared to December, the UK recorded the highest growth, rising by 71.39 percent to US$263,596. Taiwan also saw significant growth, increasing by 72.57 percent. Meanwhile, exports to France and Hong Kong declined sharply, falling by 42.93 percent and 25.58 percent, respectively.

The top five markets—the US, South Korea, Japan, Hong Kong, and Belgium—accounted for 72.05 percent of Vietnam’s total precious stones and metals exports in January. Although some smaller markets experienced growth, the overall decline reflects reduced demand from major export destinations.

Vietnam’s precious stones and metals exports, January, US$ millions

	January	December	MoM	YTD	% of Total
Total	43.81	47.97	-8.67%	43.81	100.00%
Other	6.12	4.64	31.88%	6.12	13.97%
USA	13.39	16.99	-21.19%	13.39	30.56%
South Korea	6.04	4.77	26.72%	6.04	13.79%
Japan	5.47	6.11	-10.55%	5.47	12.48%
Hong Kong	3.44	4.62	-25.58%	3.44	7.85%
Belgium	3.24	3.10	4.41%	3.24	7.39%
France	2.18	3.82	-42.93%	2.18	4.97%
Australia	1.73	1.86	-7.39%	1.73	3.94%
Thailand	1.30	1.31	-0.97%	1.30	2.96%
Germany	0.31	0.32	-3.98%	0.31	0.70%
UK	0.26	0.15	71.39%	0.26	0.60%
Spain	0.21	0.19	6.93%	0.21	0.47%
Taiwan	0.14	0.08	72.57%	0.14	0.31%

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