Vietnam’s exports of ores and other minerals products increased by 90.76 percent in December compared to November, reaching US$26.99 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s ores and other minerals products exports total US$215.74 million for 2024.
The rise in exports was primarily driven by a significant increase in shipments to China, which saw a 581.68 percent growth, amounting to US$13.29 million. Exports to Taiwan and Indonesia also showed strong growth, increasing by 88.81 percent and 875.24 percent, respectively.
However, some markets experienced a decline. Exports to Japan, Malaysia, and Thailand dropped by 79.43 percent, 82.79 percent, and 28.37 percent, respectively.
See also: Mining in Vietnam: Industry Overview
Vietnam ores and other minerals products exports, December 2024, US$
December | November | MoM | 2,024 | |
Total | 26,988,244 | 14,147,864 | 1 | 215,736,721 |
Other | 8,834,645 | 6,836,672 | 0 | 66,066,734 |
China | 13,285,114 | 1,948,869 | 6 | 93,903,092 |
Taiwan | 1,698,822 | 899,756 | 1 | 15,332,839 |
Indonesia | 1,564,608 | 160,433 | 9 | 4,193,590 |
South Korea | 798,987 | 391,602 | 1 | 8,051,219 |
Japan | 622,194 | 3,024,783 | -1 | 19,786,913 |
Malaysia | 142,548 | 828,057 | -1 | 6,811,078 |
Thailand | 41,326 | 57,692 | 0 | 1,310,908 |
Russia | 0 | 0 | 0 | 280,348 |
See also: How to Start an Export Business in Vietnam.