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Vietnam’s exports to South Korea decline by 7.22 percent in November

Vietnam’s exports to South Korea fell by 7.22 percent in November, reaching US$2.11 billion, compared to US$2.28 billion in October, according to Vietnam’s General Department of Customs.

On a year-on-year basis, export figures showed fluctuations, with mixed performance across key product categories. Notably, textiles and garments dropped 46.65 percent month-on-month, while computers, electrical products, spare-parts and components rose significantly by 13.37 percent.

The data highlights that telephones, mobile phones and parts thereof experienced a 13.16 percent decrease, alongside machinery and tools, which fell by 15.74 percent. Meanwhile, other products and wooden goods faced moderate month-on-month growth. These shifts reflect ongoing volatility within Vietnam’s manufacturing sector, driven by global demand uncertainties.

Vietnam’s export industry remains pivotal for the economy, with electronics, machinery, and textiles leading as key contributors despite monthly declines.

See also: Trade in Vietnam.

Vietnam’s exports to South Korea, November 2024

NovemberOctoberMoMYTD
Total2,112,511,6292,276,801,442-7.22%23,345,995,809
Computers, electrical products, spare-parts and565,895,165499,161,13113.37%5,100,661,872
Textiles and garments387,937,659421,399,232-7.94%3,938,041,662
Other means of transportation, parts and276,497,355282,364,860-2.08%2,744,548,383
Telephones, mobile phones and parts thereof263,315,521303,223,927-13.16%3,260,449,018
Machine, equipment, tools and instruments253,967,588301,398,670-15.74%3,025,221,741
Machine, equipment, tools and instruments248,234,328258,773,212-4.07%2,540,468,387
Textiles and garments186,354,841349,310,352-46.65%2,920,331,854
Fishery products148,215,324151,850,574-2.39%1,411,423,239
Wood and wooden products143,701,674170,465,719-15.70%1,567,274,954
Other products138,691,568131,649,6755.35%1,357,027,676
Other products136,219,194131,248,8843.79%1,390,846,922
Computers, electrical products, spare-parts and130,099,531136,843,394-4.93%1,322,257,335
Other means of transportation, parts and126,759,033124,603,8351.73%1,450,138,673
Telephones, mobile phones and parts thereof109,697,08786,006,97827.54%1,295,538,370
Foot-wears98,224,26583,140,41118.14%969,410,461
Fishery products82,981,40179,926,7293.82%731,763,256
Wood and wooden products73,796,63573,787,6700.01%722,432,012
Footwear65,484,45036,407,15579.87%593,854,730
Still image, video cameras and sparts thereof37,594,69433,310,08312.86%420,663,717
Insulated wires and cables36,457,42934,001,3257.22%406,414,657
Yarn31,487,41635,329,493-10.87%402,292,813
Other base metals and other base metal products29,590,12932,107,795-7.84%341,377,653
Fruits and vegetables25,007,75724,944,4490.25%289,075,192
Plastic products24,212,80426,519,424-8.70%277,669,793
Iron and steel products22,086,15018,275,13320.85%217,295,703
Petroleum products14,220,16917,415,338-18.35%188,378,063
Handbags, purses, suit-cases, headgear and13,981,1779,905,99741.14%139,496,023
Chemicals11,738,45812,862,823-8.74%116,025,888
Iron and steel11,573,46236,322,118-68.14%348,048,199
Pastrycooks, sweets and cereals products10,527,6388,308,70826.71%86,502,361
Fertilizers9,334,5846,862,53936.02%76,184,111
Tyre cord fabrics and other fabrics for technical8,969,2377,492,10619.72%76,599,989
Chemical products8,486,22811,092,884-23.50%95,537,133
Rubber products8,152,7438,297,315-1.74%90,861,653
Textile, leather and foot-wear materials and7,925,7108,401,001-5.66%91,111,293
Coffee7,813,02013,131,262-40.50%127,486,447
Rubber7,573,6726,665,23113.63%70,042,898
Precious stones, precious metal and articles5,820,7243,866,05150.56%47,372,304
Pepper3,859,7592,790,05838.34%37,701,490
Toys and sports requisites; parts and accessories3,588,2863,032,35618.33%35,777,486
Paper and paper products3,397,8864,098,804-17.10%41,688,741
Plastics3,223,1763,764,612-14.38%43,745,713
Ceramic products2,243,4932,588,479-13.33%26,203,503
Animal fodders and animal fodder materials2,034,0011,912,5206.35%20,388,044
Bamboo and rattan products1,546,0811,807,457-14.46%17,853,792
Glass and glassware1,119,3301,053,6936.23%12,704,230
Coal942,10300.00%3,834,745
Ores and other minerals product391,602951,697-58.85%7,222,532
Manioc and manioc products366,508221,55165.43%12,230,859
Crude oil000.00%16,327,949
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