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Vietnam’s imports from Australia fall 10 percent in February

Vietnam imported US$515.61 million worth of goods from Australia in February 2025, down 9.79 percent from January’s total of US$571.61 million, according to Vietnam’s General Department of Customs. This brought total imports from Australia for the first two months of the year to US$1.08 billion.

Coal remained the largest import category, reaching US$224.13 million in February, slightly down from US$237.93 million in January. Other major imports included base metals at US$77.86 million and ores and other mineral products at US$62.94 million, both showing month-on-month declines. Imports of wheat more than doubled to US$35.09 million, while cotton fell to US$21.62 million.

Milk and milk products remained stable at US$16.41 million. Fruits and vegetables declined to US$8.87 million, while imports of liquefied petroleum gas remained consistent at just under US$5.7 million. Animal fodder imports fell slightly, while pharmaceutical products dropped to US$3.60 million from US$8.87 million the month prior.

Several smaller categories saw mixed performance. Imports of chemical products rose to US$3.10 million, while machinery remained steady at US$1.88 million. Other food preparations, precious metals, and steel products all fluctuated within low-value ranges. Notably, ferrous waste and scrap dropped sharply from US$9.88 million in January to just US$243,386 in February.

Despite the overall monthly decline, Vietnam’s imports from Australia remained strong across key sectors including energy, raw materials, and agricultural goods, underlining Australia’s position as a critical supplier of commodities to Vietnam.

Vietnam imports from Australia, January vs February 2025, US$millions

February % Total January MoM YTD
Total 515.61 100.00% 571.61 -9.80% 1,084.61
Coal 224.13 43.47% 237.93 -5.80% 460.04
Other base metals 77.86 15.10% 73.49 5.95% 151.28
Ores and other minerals product 62.94 12.21% 85.43 -26.33% 147.74
Other products 41.79 8.10% 50.71 -17.60% 92.51
Wheats 35.09 6.80% 17.20 103.94% 52.29
Cotton 21.62 4.19% 36.71 -41.10% 58.33
Milk and milk products 16.41 3.18% 16.53 -0.74% 32.94
Fruits and vegetables 8.87 1.72% 12.90 -31.29% 21.76
Liquefied petroleum gases (LPG) 5.68 1.10% 5.95 -4.49% 11.63
Animal fodders and animal fodder materials 4.41 0.86% 5.53 -20.13% 9.94
Pharmaceutical products 3.60 0.70% 8.87 -59.35% 12.47
Chemical products 3.10 0.60% 2.08 48.94% 5.19
Machine, equipment, tools and instruments 1.88 0.36% 1.92 -2.49% 3.89
Other edible food preparations 1.63 0.32% 1.20 35.78% 2.82
Precious stones, precious metal and articles 1.38 0.27% 0.64 113.86% 2.02
Iron and steel 1.19 0.23% 0.81 46.41% 2.01
Textile, leather and foot-wear materials and 1.13 0.22% 0.27 314.14% 1.41
Animal, vegetable fats and oils 0.80 0.15% 1.81 -55.92% 2.60
Other petroleum products 0.66 0.13% 0.61 7.98% 1.28
Wood and wooden products 0.53 0.10% 0.51 4.35% 1.05
Plastics 0.28 0.05% 0.35 -21.02% 0.63
Iron and steel products 0.26 0.05% 0.17 56.93% 0.43
Ferrous waste and scrap 0.24 0.05% 9.88 -97.54% 10.12
Chemicals 0.13 0.03% 0.09 41.01% 0.22

See also: How to Start an Import Business in Vietnam

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