Vietnam’s exports to Australia reached US$471.42 million in October, reflecting a significant drop of 26.05 percent compared to September. The year-to-date export value stood at US$5.50 billion, according to Vietnam’s General Department of Customs.

Machine, equipment, tools, and instruments saw a steep decline of 60.1 percent to US$61.6 million. Telephones and mobile phones also dropped by 47.31 percent, totalling US$27.07 million. Computers, electrical products, and spare parts fell by 15.01 percent to US$58.35 million. Crude oil exports halted entirely, contributing no value in October.

In contrast, several categories demonstrated resilience. Textiles and garments grew by 4.4 percent to US$48.22 million, while other products increased by 24.86 percent to US$40.86 million. Other means of transportation and parts experienced robust growth, surging 54.31 percent to US$10.29 million. Exports of rice rose sharply by 34.74 percent to US$4.51 million, and clinker and cement exports recorded an exceptional growth of 136.63 percent, totalling US$3.55 million.

However, sectors like fruits and vegetables saw a decline of 3.19 percent, contributing US$9.44 million, while coffee fell by 2.66 percent to US$2.07 million.

The mixed performance indicates shifting demand patterns in the Australian market, highlighting the need for Vietnam to adapt its trade strategies to emerging opportunities and challenges.

Vietnam’s exports to Australia, October vs. September 2024, US$

	October	September	MoM	YTD
Total	471,416,941	637,482,760	-26.05%	5,500,041,420
Machine, equipment, tools and instruments	61,598,321	154,362,427	-60.10%	1,050,706,276
Telephones, mobile phones and parts thereof	27,066,482	51,372,697	-47.31%	591,812,373
Computers, electrical products, spare-parts and	58,354,657	68,659,796	-15.01%	542,875,635
Crude oil	0	71,706,920	-100.00%	475,417,348
Textiles and garments	48,222,830	46,192,218	4.40%	466,251,260
Other products	40,856,727	32,721,233	24.86%	339,691,191
Foot-wears	39,644,593	33,562,885	18.12%	329,232,848
Fishery products	29,980,394	33,338,515	-10.07%	278,586,684
Iron and steel	16,228,110	18,469,903	-12.14%	164,233,746
Iron and steel products	19,208,343	15,559,964	23.45%	153,015,821
Wood and wooden products	16,530,783	15,292,940	8.09%	134,155,059
Other means of transportation, parts and	10,287,309	6,666,842	54.31%	107,587,040
Fruits and vegetables	9,441,460	9,752,400	-3.19%	88,536,685
Cashew nut	9,502,401	9,271,752	2.49%	85,134,327
Plastic products	9,687,645	7,387,837	31.13%	82,299,636
Paper and paper products	7,618,171	7,366,143	3.42%	73,240,666
Toys and sports requisites; parts and accessories	10,484,407	6,649,862	57.66%	71,582,888
Handbags, purses, suit-cases, headgear and	5,923,486	5,540,459	6.91%	53,854,927
Other base metals and other base metal products	7,038,694	5,526,639	27.36%	48,863,856
Coffee	2,066,787	2,123,247	-2.66%	44,720,353
Pastrycooks, sweets and cereals products	4,573,555	4,543,965	0.65%	36,276,014
Insulated wires and cables	3,525,555	3,474,003	1.48%	36,267,231
Chemical products	4,250,749	3,790,252	12.15%	34,238,342
Furnitures of other materials, other than of wood	4,198,141	3,838,140	9.38%	33,704,339
Still image, video cameras and sparts thereof	3,288,587	5,492,237	-40.12%	31,591,887
Rice	4,506,541	3,344,604	34.74%	28,863,443
Clinker and cement	3,552,446	1,501,236	136.63%	22,231,212
Rubber products	2,421,188	2,022,834	19.69%	18,517,907
Plastics	2,227,831	1,356,397	64.25%	15,622,269
Precious stones, precious metal and articles	2,765,387	1,651,753	67.42%	15,104,692
Ceramic products	1,946,072	1,459,819	33.31%	14,056,989
Bamboo and rattan products	1,080,211	1,505,639	-28.26%	11,860,777
Pepper	1,809,011	883,432	104.77%	11,130,160
Textile, leather and foot-wear materials and	1,530,068	1,093,770	39.89%	8,777,541