Vietnam exported US$183.5 million worth of plastics in November, marking a significant 29.3 percent decrease from October, according to Vietnam’s General Department of Customs. Year-to-date, plastic exports amounted to US$2.45 billion, reflecting the sector’s steady contribution despite recent challenges.
China remained the largest importer, purchasing US$24.4 million of Vietnamese plastics, although this represented a sharp 59.42 percent decline from the previous month. Indonesia followed with US$27.07 million, down 20.28 percent. Japan imported US$10.36 million, registering a 36.56 percent decrease. In contrast, Nigeria saw a 27.19 percent rise in imports to US$6.03 million, showcasing potential for market expansion.
Vietnam’s plastic export performance highlights vulnerabilities to global demand fluctuations and market dynamics.
See also: Manufacturing in Vietnam
Vietnam plastics exports, November 2024, US$
| November | October | MoM | YTD | |
| Total | 183,498,815 | 259,568,418 | -29.3 | 2,453,421,457 |
| Other | 53,521,986 | 68,257,652 | -21.59% | 684,607,428 |
| Indonesia | 27,066,166 | 33,950,207 | -20.28% | 359,344,736 |
| China | 24,414,546 | 60,157,487 | -59.42% | 392,770,331 |
| Japan | 10,356,318 | 16,324,955 | -36.56% | 148,878,088 |
| Italy | 9,952,673 | 11,149,338 | -10.73% | 92,850,265 |
| India | 8,148,433 | 7,683,947 | 6.04% | 130,022,983 |
| Thailand | 7,789,984 | 7,072,469 | 10.15% | 105,039,200 |
| Poland | 7,206,992 | 12,146,066 | -40.66% | 105,645,334 |
| Nigeria | 6,029,679 | 4,740,659 | 27.19% | 37,486,470 |
| Bangladesh | 4,159,665 | 5,729,319 | -27.40% | 54,552,414 |
| Philippines | 3,904,880 | 5,872,449 | -33.51% | 42,543,599 |
| Malaysia | 3,250,778 | 4,480,621 | -27.45% | 50,446,464 |
| South Korea | 3,223,176 | 3,764,612 | -14.38% | 43,745,713 |
| Taiwan | 3,141,758 | 4,272,332 | -26.46% | 47,204,082 |
| Portugal | 2,687,327 | 2,436,162 | 10.31% | 31,764,197 |
| Cambodia | 2,565,644 | 2,350,759 | 9.14% | 31,338,731 |
| Lithuania | 1,156,491 | 1,744,875 | -33.72% | 14,575,412 |
| HongKong | 1,004,735 | 808,223 | 24.31% | 7,528,330 |
| Australia | 987,456 | 2,227,831 | -55.68% | 16,626,545 |
| Romania | 869,516 | 0 | 0.00% | 13,844,434 |
| Canada | 432,534 | 414,569 | 4.33% | 8,494,308 |
| Sri Lanka | 386,453 | 860,486 | -55.09% | 6,541,762 |
| Singapore | 332,143 | 402,171 | -17.41% | 4,251,648 |
| Ivory Coast | 323,033 | 490,433 | -34.13% | 5,708,705 |
| Peru | 231,420 | 782,589 | -70.43% | 6,230,604 |
| Turkey | 170,815 | 35,120 | 386.38% | 1,781,152 |
| South Africa | 95,713 | 389,540 | -75.43% | 4,995,810 |
| Myanmar | 88,501 | 989,798 | -91.06% | 3,648,417 |
| Belarus | 0 | 33,749 | -100.00% | 954,295 |