Vietnam imported US$210.83 million worth of ferrous waste and scrap in December 2024, representing a significant 38.42 percent increase compared to November, according to data from Vietnam’s General Department of Customs. Year-to-date imports reached US$1.81 billion.
Japan was the largest supplier, contributing US$125.87 million, a 42.10 percent rise from November. The USA and Hong Kong followed, recording increases of 11.95 percent and 33.95 percent, respectively. The Philippines saw a remarkable surge, with imports rising by 663.40 percent to US$3.46 million, while Chile experienced a 107.61 percent increase.
Conversely, imports from Singapore and Cambodia declined by 60.25 percent and 16.93 percent, respectively. Australia, New Zealand, and Canada showed steady growth, with increases of 17.19 percent, a substantial contribution from zero imports in November, and 25.12 percent, respectively.
See also: Manufacturing in Vietnam
Vietnam import data for ferrous waste and scrap in December 2024 US$
| December | November | MoM | YTD | |
|---|---|---|---|---|
| Total | 210,833,561 | 152,310,917 | 38.42% | 1,812,121,242 |
| Other | 19,822,626 | 15,526,229 | 27.67% | 152,495,600 |
| Japan | 125,866,899 | 88,574,523 | 42.10% | 991,113,513 |
| USA | 15,397,038 | 13,753,251 | 11.95% | 180,330,358 |
| Hong Kong | 14,170,476 | 10,579,278 | 33.95% | 204,129,897 |
| Australia | 12,129,058 | 10,349,749 | 17.19% | 131,983,193 |
| New Zealand | 9,823,820 | – | – | 20,279,103 |
| Philippines | 3,459,099 | 453,115 | 663.40% | 14,742,918 |
| Singapore | 3,292,073 | 8,282,146 | -60.25% | 24,832,420 |
| Canada | 3,190,763 | 2,550,120 | 25.12% | 30,900,851 |
| Chile | 3,032,109 | 1,460,506 | 107.61% | 35,592,863 |
| Cambodia | 649,600 | 782,000 | -16.93% | 25,720,526 |