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Vietnam’s machinery imports fall 5.05 percent in February 2025

Vietnam’s imports of machinery, equipment, tools, and instruments declined by 5.05 percent month-on-month in February, amounting to US$3.79 billion, according to Vietnam’s General Department of Customs. This follows January’s total of US$3.99 billion, bringing year-to-date imports to US$7.79 billion.

China remained Vietnam’s largest supplier, accounting for 56.78 percent of total imports at US$2.15 billion, despite a 15.42 percent decline from January. Japan and South Korea saw notable increases of 14.75 percent and 15.92 percent, respectively, with imports from these countries reaching US$395.26 million and US$393.54 million.

Among other key suppliers, Germany recorded a 19.73 percent rise to US$111.41 million, while Thailand’s shipments jumped 51.43 percent to US$95.59 million. Imports from Belgium and Canada surged by 242.65 percent and 306.32 percent, respectively.

See also: Manufacturing in Vietnam

Vietnam machinery imports, February 2025, US$ millions

February% TotalJanuaryMoMYTD
Total3,791.90100.00%3,993.37-5.05%7,786.74
Other60.331.59%57.335.24%117.62
China2,152.9656.78%2,545.54-15.42%4,698.19
Japan395.2610.42%344.4614.75%741.29
South Korea393.5410.38%339.4815.92%734.18
Germany111.412.94%93.0519.73%201.35
Taiwan99.272.62%108.77-8.73%208.55
Thailand95.592.52%63.1251.43%159.14
USA77.392.04%69.7910.88%147.22
Malaysia52.071.37%72.81-28.48%125.63
Italy44.101.16%33.1333.13%77.43
India35.800.94%32.4110.45%68.19
Hong Kong27.690.73%24.5612.77%52.25
Philippines26.320.69%23.4712.14%49.84
Indonesia20.320.54%12.3864.15%32.73
Belgium17.070.45%4.98242.65%22.05
Singapore15.870.42%15.363.31%31.23
UK15.640.41%21.27-26.50%36.96
France15.040.40%9.9051.93%24.95
Mexico14.640.39%12.8214.17%27.34
Norway14.580.38%10.0844.67%24.66
Netherlands13.790.36%15.86-13.09%29.82
Switzerland11.140.29%12.69-12.21%23.83
Austria10.820.29%9.0020.16%19.83
Canada7.360.19%1.81306.32%9.17
Czech Republic7.300.19%6.5611.28%13.86
Sweden7.130.19%7.85-9.16%14.98
Israel6.750.18%3.9770.27%10.72
Finland6.620.17%8.32-20.46%14.95
Spain6.570.17%3.22103.82%9.79
Turkey4.590.12%3.6824.63%8.27
Poland4.250.11%2.4970.33%6.74
Denmark3.730.10%3.2016.67%6.92
Hungary3.350.09%8.35-59.92%11.69
Ireland3.270.09%3.91-16.33%7.17
Cambodia2.750.07%2.0136.64%4.77
Russia2.050.05%2.030.83%4.08
Australia1.880.05%1.92-2.49%3.89
Brazil1.210.03%0.35246.07%1.55
New Zealand0.880.02%0.17424.91%1.05
Iceland0.760.02%0.000.00%0.76
UAE0.330.01%0.06424.83%0.39
Lithuania0.130.00%0.15-8.01%0.28
South Africa0.130.00%0.90-85.89%1.03
Ukraine0.120.00%0.05133.11%0.17
Belarus0.110.00%0.0685.12%0.17
Bangladesh0.030.00%0.030.86%0.05

See also: How to Start an Import Business in Vietnam

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