Vietnam’s exports of insulated wires and cables rose by 19.47 percent in March compared to February, reaching US$349.67 million, according to data from Vietnam’s General Department of Customs.
Total exports in the first three months of the year reached US$947.25 million, supported by strong shipments to the USA and China.
Exports to the USA increased by 24.38 percent to US$117.98 million, accounting for nearly 33 percent of total exports. Shipments to China and South Korea also recorded double-digit growth. Notably, exports to Australia more than doubled, up by 128.19 percent. However, some markets saw declines, with exports to France falling by 46.55 percent and the Philippines down by 26.46 percent.
See also: Manufacturing in Vietnam
Vietnam insulated wire and cable exports, March, US$ millions
| March | February | MoM | YTD | % of YTD | |
| Total | 349.67 | 292.69 | 19.47% | 947.25 | 100.00% |
| Other | 46.56 | 39.93 | 16.60% | 132.83 | 14.02% |
| USA | 117.98 | 94.86 | 24.38% | 312.14 | 32.95% |
| China | 67.90 | 53.21 | 27.60% | 181.56 | 19.17% |
| South Korea | 37.07 | 33.76 | 9.83% | 101.87 | 10.75% |
| Japan | 31.26 | 27.00 | 15.75% | 85.24 | 9.00% |
| Hong Kong | 6.95 | 6.30 | 10.30% | 18.66 | 1.97% |
| Thailand | 6.66 | 6.16 | 7.99% | 19.72 | 2.08% |
| Cambodia | 6.03 | 4.93 | 22.49% | 14.90 | 1.57% |
| Singapore | 5.85 | 5.75 | 1.67% | 18.44 | 1.95% |
| Australia | 5.35 | 2.34 | 128.19% | 10.91 | 1.15% |
| Philippines | 4.20 | 5.72 | -26.46% | 14.62 | 1.54% |
| Denmark | 2.88 | 3.83 | -24.85% | 7.94 | 0.84% |
| Indonesia | 2.62 | 2.35 | 11.35% | 8.08 | 0.85% |
| UK | 2.25 | 1.34 | 67.25% | 5.67 | 0.60% |
| Taiwan | 1.83 | 1.19 | 52.99% | 4.02 | 0.42% |
| Malaysia | 1.70 | 1.50 | 13.57% | 4.69 | 0.50% |
| Laos | 1.08 | 1.04 | 3.25% | 2.53 | 0.27% |
| Myanmar | 0.87 | 0.24 | 254.25% | 1.23 | 0.13% |
| France | 0.66 | 1.24 | -46.55% | 2.21 | 0.23% |
See also: How to Start an Export Business in Vietnam.