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Vietnam’s imports of ferrous waste and scrap rise by 38.42 percent in December

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$

DecemberNovemberMoMYTD
Total210,833,561152,310,91738.42%1,812,121,242
Other19,822,62615,526,22927.67%152,495,600
Japan125,866,89988,574,52342.10%991,113,513
USA15,397,03813,753,25111.95%180,330,358
Hong Kong14,170,47610,579,27833.95%204,129,897
Australia12,129,05810,349,74917.19%131,983,193
New Zealand9,823,82020,279,103
Philippines3,459,099453,115663.40%14,742,918
Singapore3,292,0738,282,146-60.25%24,832,420
Canada3,190,7632,550,12025.12%30,900,851
Chile3,032,1091,460,506107.61%35,592,863
Cambodia649,600782,000-16.93%25,720,526

See also: How to Start an Import Business in Vietnam

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