Vietnam’s exports of insulated wires and cables increased by 3.81 percent in December compared to November, reaching US$316.73 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s exports of insulated wires and cables total US$3.5 billion for 2024.
The rise in exports was driven by significant growth in shipments to the USA, which saw a 14.18 percent increase, amounting to US$101.43 million. Exports to Australia also showed strong growth, increasing by 47.99 percent, reaching US$4.21 million.
However, some markets experienced a decline. Exports to China, South Korea, and Singapore dropped by 11.93 percent, 5.74 percent, and 14.39 percent, respectively.
See also: Manufacturing in Vietnam
Vietnam insulated wires and cables exports, December 2024, US$
| December | November | MoM | 2024 | |
| Total | 316,728,651 | 305,110,792 | 3.81% | 3,500,472,249 |
| Other | 54,531,159 | 43,338,822 | 25.83% | 532,977,904 |
| USA | 101,433,077 | 88,832,770 | 14.18% | 970,511,792 |
| China | 66,163,283 | 75,122,591 | -11.93% | 857,535,967 |
| South Korea | 34,363,028 | 36,457,429 | -5.74% | 440,777,597 |
| Japan | 29,011,896 | 29,710,709 | -2.35% | 332,664,522 |
| Thailand | 5,932,742 | 5,857,104 | 1.29% | 77,086,084 |
| Hong Kong | 5,918,244 | 6,314,911 | -6.28% | 62,160,031 |
| Singapore | 5,868,469 | 6,854,728 | -14.39% | 71,470,991 |
| Philippines | 5,117,023 | 6,066,629 | -15.65% | 64,409,078 |
| Australia | 4,210,769 | 2,845,396 | 47.99% | 43,324,089 |
| Cambodia | 4,178,961 | 3,709,703 | 12.65% | 47,554,194 |
See also: How to Start an Export Business in Vietnam.