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 | % Total | January | MoM | YTD | |
Total | 63.51 | 100.00% | 155.97 | -59.28% | 220.04 |
Other | 1.85 | 2.91% | 38.42 | -95.20% | 40.26 |
Malaysia | 22.67 | 35.70% | 20.17 | 12.42% | 42.84 |
China | 16.48 | 25.94% | 26.51 | -37.85% | 43.07 |
Kuwait | 13.81 | 21.75% | 12.15 | 13.67% | 25.96 |
Australia | 5.68 | 8.95% | 5.95 | -4.49% | 11.63 |
South Korea | 1.92 | 3.02% | 3.12 | -38.55% | 5.03 |
Saudi Arabia | 1.11 | 1.75% | 5.97 | -81.40% | 7.08 |
Qatar | 0.00 | 0.00% | 30.90 | -100.00% | 31.37 |
Thailand | 0.00 | 0.00% | 1.27 | -100.00% | 1.27 |
UAE | 0.00 | 0.00% | 11.52 | -100.00% | 11.52 |