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Vietnam’s exports to Singapore jump 11.71 percent in October

Vietnam’s exports to Singapore reached US$433.10 million in October, an increase of 11.71 percent month-on-month. Year-to-date exports to Singapore amounted to US$4.35 billion, according to Vietnam’s General Department of Customs.

Computers, electrical products, and spare parts remained the largest export category at US$97.87 million, despite a slight decline of 3.61 percent compared to September. Machinery, equipment, tools, and instruments grew significantly by 22.20 percent, reaching US$91.00 million.

Petroleum products recorded the most dramatic growth, surging by 238.08 percent to US$22.03 million. Insulated wires and cables also performed strongly, increasing by 101.95 percent to US$10.10 million. Textiles and garments rose by 49.03 percent to US$10.67 million, while rice exports grew by 29.93 percent to US$7.93 million.

Conversely, telephones and mobile phones declined sharply by 38.62 percent, totalling US$7.03 million. Other means of transportation and parts fell by 5.77 percent to US$47.12 million, and chemical products decreased by 4.35 percent to US$3.30 million.

The strong performance in key categories like petroleum products, machinery, and textiles highlights Vietnam’s growing trade relationship with Singapore, despite declines in telephones and transportation parts.

Vietnam exports to Singapore, October vs. September 2024, US$

OctoberSeptemberMoMYTD
Total433,102,814387,685,61611.71%4,345,255,959
Computers, electrical products, spare-parts and97,873,357101,540,439-3.61%871,985,863
Machine, equipment, tools and instruments91,000,09374,471,16822.20%719,218,406
Other means of transportation, parts and47,118,52550,003,764-5.77%653,186,478
Glass and glassware54,817,18751,368,6136.71%465,036,296
Other products34,270,17931,380,7669.21%362,688,953
Telephones, mobile phones and parts thereof7,030,48211,454,870-38.62%247,932,065
Petroleum products22,027,8836,515,572238.08%148,623,322
Iron and steel614,837685,503-10.31%107,331,372
Foot-wears9,746,0787,537,33029.30%99,457,865
Textiles and garments10,673,8977,162,34549.03%98,518,914
Rice7,933,9816,106,31129.93%89,059,903
Crude oil000.00%81,731,693
Fishery products9,425,9047,742,68821.74%74,691,179
Insulated wires and cables10,101,9875,002,189101.95%58,745,788
Fruits and vegetables3,403,1083,286,5433.55%34,060,559
Chemical products3,302,9363,453,229-4.35%31,772,845
Wood and wooden products4,375,8752,590,81268.90%31,001,778
Handbags, purses, suit-cases, headgear and3,835,6153,031,80726.51%30,400,507
Iron and steel products2,817,9612,872,687-1.91%27,915,509
Paper and paper products1,947,7112,147,646-9.31%23,584,310
Other base metals and other base metal products3,057,0602,322,78531.61%20,216,649
Plastic products2,087,4391,655,05926.12%17,862,855
Pastrycooks, sweets and cereals products1,979,6521,583,27225.04%16,233,369
Toys and sports requisites; parts and accessories789,828577,26436.82%6,968,098
Coffee375,811686,010-45.22%6,475,494
Cashew nut783,093946,573-17.27%6,172,645
Plastics402,171322,09824.86%3,919,505
Rubber products422,819479,503-11.82%3,503,052
Pepper533,048277,54792.06%2,981,563
Ceramic products243,021411,119-40.89%2,503,300
Animal fodders and animal fodder materials60,87630,69298.34%850,057
Rubber50,40039,41327.88%625,766
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