Vietnam’s exports of ores and other mineral products fell by 70.40 percent month-on-month in January, reaching US$7.99 million, according to Vietnam’s General Department of Customs.
China remained the largest market, accounting for 28.26 percent of total exports at US$2.26 million, a sharp decline of 83.01 percent from December. Malaysia followed with US$1.28 million, representing 16.08 percent of total exports, surging by 801.02 percent. Taiwan ranked third with US$746,474, making up 9.34 percent of total exports, though it declined by 56.06 percent.
Compared to December, Malaysia recorded the highest growth, rising by 801.02 percent. Thailand also saw an increase of 15.74 percent. Meanwhile, exports to China and Taiwan declined sharply, falling by 83.01 percent and 56.06 percent, respectively.
The top five markets—China, Malaysia, Taiwan, South Korea, and Thailand—accounted for 98.80 percent of Vietnam’s total ore and mineral exports in January. While Malaysia saw strong demand, the overall decline was driven by reduced shipments to China and other key destinations.
See also: Mining in Vietnam: Industry Overview
Vietnam’s ore and mineral exports, January, US$ millions
| January | December | MoM | YTD | % of Total | |
| Total | 7.99 | 26.99 | -70.40% | 7.99 | 100.00% |
| Other | 2.97 | 11.02 | -73.03% | 2.97 | 37.21% |
| China | 2.26 | 13.29 | -83.01% | 2.26 | 28.26% |
| Malaysia | 1.28 | 0.14 | 801.02% | 1.28 | 16.08% |
| Taiwan | 0.75 | 1.70 | -56.06% | 0.75 | 9.34% |
| South Korea | 0.68 | 0.80 | -14.83% | 0.68 | 8.52% |
| Thailand | 0.05 | 0.04 | 15.74% | 0.05 | 0.60% |