Vietnam’s petroleum product imports decline 12.18 percent in February 2025

Vietnam’s imports of petroleum products fell by 12.18 percent month-on-month in February, amounting to US$517.80 million, according to Vietnam’s General Department of Customs. This brings total year-to-date imports to US$1.11 billion.

South Korea and Singapore were the largest suppliers, each accounting for 34.55 percent of total imports. Imports from South Korea surged 37.08 percent to US$178.89 million, while shipments from Singapore dropped 40.12 percent to US$178.88 million. Imports from China saw a notable increase of 39.80 percent, reaching US$102.34 million, making up 19.76 percent of the total. Meanwhile, purchases from Malaysia fell slightly by 2.22 percent to US$50.35 million.

Thailand did not record any shipments in February after supplying US$16.52 million worth of petroleum products in January.

See also: Petroleum Industry in Vietnam

Vietnam petroleum product imports, February 2025, US$ millions

February% TotalJanuaryMoMYTD
Total517.80100.00%589.58-12.18%1,105.33
Other7.341.42%19.15-61.69%25.98
South Korea178.8934.55%130.4937.08%309.26
Singapore178.8834.55%298.73-40.12%476.59
China102.3419.76%73.2039.80%175.11
Malaysia50.359.72%51.49-2.22%102.38
Thailand0.000.00%16.52-100.00%16.00

See also: How to Start an Import Business in Vietnam

Your support keeps this site independent and objective.
If you find value in this work, please consider making a contribution.

Need more convincing?

Our content is free because we believe a rising tide lifts all boats.

By making accurate, independent information accessible to everyone, we help create a more informed, resilient, and empowered business community.

When businesses, investors, policymakers, and everyday readers all have access to clear, unbiased analysis, it leads to better decisions, fairer opportunities, and stronger economic outcomes for all.

That said, while our content is free to read, it costs money to create.

Behind every article is careful research, fact-checking, and expert analysis — all of which require time, skill, and resources.

If you can spare a couple of dollars, your support helps ensure that reliable, unbiased information remains accessible to all.

Create your listing