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Vietnam’s paper exports grow in October, year-to-date performance remains stable

Vietnam’s exports of paper and paper products increased in October 2024, reaching a value of US$175.30 million, according to Vietnam’s General Department of Customs. This marks a 10.5 percent rise compared to September, which recorded US$158.64 million, reflecting steady demand for Vietnamese paper products in global markets.

Year-to-date performance, however, remains flat. From January to October, paper exports totalled US$1.75 billion, a slight 0.4 percent decrease compared to the same period in 2023.

October’s growth suggests short-term improvements in export activity, but the stagnant year-to-date figures highlight challenges in sustaining momentum. Efforts to enhance production efficiency and market diversification could help drive future growth in Vietnam’s paper export sector.

See also: Manufacturing in Vietnam: Ultimate Guide

Vietnam’s paper and paper products exports, October vs. September 2024

October September MoM YTD
Total 175,299,737 158,638,703 10.50% 1,753,105,960
Other 13,587,936 13,825,754 -1.72% 144,509,339
Australia 7,618,171 7,366,143 3.42% 73,240,666
Cambodia 13,248,147 11,688,777 13.34% 133,194,009
China 27,383,423 19,125,813 43.18% 282,649,062
Germany 355,454 272,524 30.43% 2,347,335
HongKong 1,117,482 595,569 87.63% 8,557,577
Indonesia 11,123,380 10,870,192 2.33% 108,740,001
Japan 7,654,679 5,698,404 34.33% 61,603,418
Laos 1,220,391 1,052,951 15.90% 9,803,499
Malaysia 6,140,420 5,457,450 12.51% 57,571,802
Myanmar (Burma) 909,493 979,769 -7.17% 12,401,182
Philippines 5,408,708 3,110,127 73.91% 31,667,912
Singapore 1,947,711 2,147,646 -9.31% 23,584,310
South Korea 4,098,804 3,860,135 6.18% 38,292,247
Taiwan 9,152,280 7,260,592 26.05% 93,875,994
Thailand 12,405,982 10,304,495 20.39% 113,869,103
United Arab Emirates 577,867 397,984 45.20% 3,445,113
United Kingdom 1,326,439 1,793,984 -26.06% 15,151,683
United States of America 50,022,970 52,830,394 -5.31% 538,601,708