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Vietnam’s LPG imports plunge 59.28 percent in February 2025

Vietnam’s liquefied petroleum gas (LPG) imports saw a sharp decline of 59.28 percent month-on-month in February, totaling US$63.51 million, according to Vietnam’s General Department of Customs. This marks a significant drop from the US$155.97 million recorded in January, bringing year-to-date imports to US$220.04 million.

Malaysia emerged as the top supplier, accounting for 35.7 percent of total imports at US$22.67 million, reflecting a 12.42 percent increase from January. China followed with US$16.48 million, although this was a 37.85 percent decline. Kuwait also saw a rise of 13.67 percent, reaching US$13.81 million.

Conversely, imports from Saudi Arabia plummeted by 81.4 percent to US$1.11 million, while South Korea recorded a 38.55 percent drop to US$1.92 million. Notably, shipments from Qatar, Thailand, and the UAE ceased entirely in February.

See also: Gas Power in Vietnam

Vietnam LPG imports, February 2025, US$ millions

February% TotalJanuaryMoMYTD
Total63.51100.00%155.97-59.28%220.04
Other1.852.91%38.42-95.20%40.26
Malaysia22.6735.70%20.1712.42%42.84
China16.4825.94%26.51-37.85%43.07
Kuwait13.8121.75%12.1513.67%25.96
Australia5.688.95%5.95-4.49%11.63
South Korea1.923.02%3.12-38.55%5.03
Saudi Arabia1.111.75%5.97-81.40%7.08
Qatar0.000.00%30.90-100.00%31.37
Thailand0.000.00%1.27-100.00%1.27
UAE0.000.00%11.52-100.00%11.52

See also: How to Start an Import Business in Vietnam

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