Vietnam’s ferrous waste and scrap imports rose by 66.65 percent month-on-month in February, reaching US$171.78 million, according to Vietnam’s General Department of Customs. This follows January’s total of US$103.08 million, bringing the year-to-date figure to US$274.85 million.
Japan remained the top supplier, with imports soaring by 142.14 percent to US$122.76 million, accounting for 71.47 percent of total imports. The USA followed with a 60.99 percent increase to US$18.26 million. Meanwhile, Hong Kong saw a significant decline of 38.77 percent, while imports from Australia plummeted by 97.54 percent.
Notable increases were recorded from Taiwan, up 139.87 percent, and Mexico, which saw a remarkable surge of 407.64 percent. However, imports from New Zealand dropped to zero in February.
See also: Manufacturing in Vietnam
Vietnam ferrous waste and scrap imports, February 2025, US$ millions
| February | % Total | January | MoM | YTD | |
| Total | 171.78 | 100.00% | 103.08 | 66.65% | 274.85 |
| Other | 7.89 | 4.59% | 7.57 | 4.24% | 15.46 |
| Japan | 122.76 | 71.47% | 50.70 | 142.14% | 173.45 |
| USA | 18.26 | 10.63% | 11.34 | 60.99% | 29.59 |
| Hong Kong | 9.43 | 5.49% | 15.39 | -38.77% | 24.82 |
| Singapore | 6.67 | 3.88% | 0.00 | 0.00% | 6.67 |
| Chile | 2.92 | 1.70% | 4.85 | -39.89% | 7.77 |
| Canada | 2.77 | 1.61% | 2.68 | 3.57% | 5.45 |
| Taiwan | 0.54 | 0.31% | 0.22 | 139.87% | 0.76 |
| Australia | 0.24 | 0.14% | 9.88 | -97.54% | 10.12 |
| Mexico | 0.18 | 0.11% | 0.04 | 407.64% | 0.22 |
| Philippines | 0.12 | 0.07% | 0.25 | -53.33% | 0.36 |
| New Zealand | 0.00 | 0.00% | 0.16 | -100.00% | 0.16 |