Vietnam’s iron and steel imports totalled US$910.90 million in March, representing a 12.67 percent decrease from February. Year-to-date (YTD) imports reached US$2.65 billion, according to Vietnam’s General Department of Customs.
China remained the largest supplier, contributing US$462.57 million, a 21.66 percent drop compared to the previous month. Indonesia saw an increase of 12.02 percent to US$145.94 million. South Korea and Japan experienced modest declines in imports, with South Korea’s imports remaining nearly unchanged at US$103.39 million and Japan’s decreasing by 16.65 percent to US$123.12 million.
See also: Can Vietnam Survive the Steel-Trade Wars?
Vietnam iron and steel imports, March, US$ millions
| March | February | MoM | YTD | % of Total | |
| Total | 910.90 | 1,043.11 | -12.67% | 2,645.60 | 100.00% |
| Other | 1.25 | 1.36 | -7.70% | 4.15 | 0.16% |
| China | 462.57 | 590.51 | -21.66% | 1,407.36 | 53.20% |
| Japan | 123.12 | 147.71 | -16.65% | 372.66 | 14.09% |
| Indonesia | 145.94 | 130.27 | 12.02% | 372.38 | 14.08% |
| South Korea | 103.39 | 103.79 | -0.38% | 286.82 | 10.84% |
| Taiwan | 53.34 | 45.51 | 17.21% | 142.13 | 5.37% |
| Thailand | 4.15 | 5.04 | -17.70% | 11.75 | 0.44% |
| India | 3.23 | 3.79 | -14.73% | 9.89 | 0.37% |
| Malaysia | 2.03 | 2.46 | -17.58% | 5.82 | 0.22% |
| USA | 1.81 | 2.27 | -20.39% | 4.51 | 0.17% |
| Germany | 1.18 | 1.86 | -36.91% | 4.37 | 0.17% |
| Sweden | 1.44 | 1.48 | -2.64% | 3.93 | 0.15% |
| Australia | 1.77 | 1.19 | 48.77% | 3.78 | 0.14% |
| South Africa | 0.53 | 2.40 | -77.84% | 3.76 | 0.14% |
| France | 1.79 | 0.66 | 172.80% | 2.98 | 0.11% |
| Philippines | 0.95 | 0.66 | 44.79% | 2.48 | 0.09% |
| Spain | 0.15 | 0.49 | -68.98% | 1.32 | 0.05% |
| Finland | 0.74 | 0.17 | 327.68% | 1.11 | 0.04% |
| New Zealand | 0.00 | 0.00 | 0.00% | 0.61 | 0.02% |
| Italy | 0.15 | 0.39 | -60.45% | 0.59 | 0.02% |
| Austria | 0.45 | 0.00 | 0.00% | 0.59 | 0.02% |
| Belgium | 0.22 | 0.09 | 142.54% | 0.53 | 0.02% |
| UK | 0.32 | 0.00 | 0.00% | 0.34 | 0.01% |
| Mexico | 0.11 | 0.15 | -29.49% | 0.33 | 0.01% |
| Canada | 0.00 | 0.28 | -100.00% | 0.31 | 0.01% |
| Poland | 0.16 | 0.09 | 68.89% | 0.27 | 0.01% |
| Netherlands | 0.00 | 0.22 | -100.00% | 0.23 | 0.01% |
| Russia | 0.03 | 0.00 | 0.00% | 0.22 | 0.01% |
| Turkey | 0.03 | 0.15 | -78.42% | 0.21 | 0.01% |
| Saudi Arabia | 0.00 | 0.07 | -100.00% | 0.08 | 0.00% |
| Singapore | 0.00 | 0.03 | -100.00% | 0.03 | 0.00% |
| Brazil | 0.03 | 0.00 | 0.00% | 0.03 | 0.00% |
| Hong Kong | 0.00 | 0.00 | 0.00% | 0.02 | 0.00% |