Vietnam’s plastic imports surged 21.33 percent month-on-month in February, reaching US$1.06 billion, according to Vietnam’s General Department of Customs. This increase follows January’s total of US$871.70 million, bringing year-to-date imports to US$1.93 billion.
China remained the largest supplier, accounting for 24.71 percent of total imports with US$261.29 million, a 2.46 percent increase from January. South Korea followed with US$204.45 million, up 24.18 percent, while Taiwan saw a 12.06 percent rise to US$108.12 million. The USA and Saudi Arabia both recorded strong growth of 29.05 percent and 29.41 percent, respectively.
Malaysia, Singapore, and the UAE posted the highest month-on-month increases, with growth rates of 50.87 percent, 50.37 percent, and 54.53 percent, respectively. Meanwhile, imports from Germany and Sweden declined by 14.41 percent and 55.39 percent, respectively.
See also: Plastics Industry in Vietnam
Vietnam plastic imports, February 2025, US$ millions
February | % Total | January | MoM | YTD | |
Total | 1,057.62 | 100.00% | 871.70 | 21.33% | 1,932.39 |
Other | 8.22 | 0.78% | 8.20 | 0.32% | 16.42 |
China | 261.29 | 24.71% | 255.02 | 2.46% | 516.82 |
South Korea | 204.45 | 19.33% | 164.63 | 24.18% | 370.07 |
Taiwan | 108.12 | 10.22% | 96.49 | 12.06% | 204.68 |
USA | 91.73 | 8.67% | 71.08 | 29.05% | 162.40 |
Saudi Arabia | 91.49 | 8.65% | 70.70 | 29.41% | 162.24 |
Thailand | 52.27 | 4.94% | 39.90 | 31.01% | 92.90 |
Japan | 49.08 | 4.64% | 35.08 | 39.92% | 84.96 |
Malaysia | 41.00 | 3.88% | 27.18 | 50.87% | 68.39 |
Singapore | 29.64 | 2.80% | 19.71 | 50.37% | 49.39 |
UAE | 20.87 | 1.97% | 13.51 | 54.53% | 34.38 |
Indonesia | 18.85 | 1.78% | 12.78 | 47.45% | 31.63 |
India | 18.83 | 1.78% | 15.26 | 23.41% | 34.10 |
Kuwait | 12.64 | 1.20% | 2.65 | 376.24% | 15.30 |
Russia | 9.98 | 0.94% | 9.48 | 5.31% | 19.46 |
Qatar | 9.75 | 0.92% | 6.25 | 55.90% | 16.00 |
Brazil | 5.22 | 0.49% | 3.71 | 40.65% | 8.93 |
Germany | 4.85 | 0.46% | 5.67 | -14.41% | 10.59 |
Canada | 4.41 | 0.42% | 3.24 | 35.93% | 7.65 |
Spain | 3.34 | 0.32% | 1.81 | 84.64% | 5.15 |
Netherlands | 3.09 | 0.29% | 1.66 | 86.59% | 4.75 |
France | 2.70 | 0.26% | 2.54 | 6.27% | 5.24 |
Belgium | 2.16 | 0.20% | 1.75 | 23.67% | 3.91 |
Hong Kong | 1.08 | 0.10% | 0.74 | 46.79% | 1.82 |
Italy | 1.02 | 0.10% | 1.05 | -3.47% | 2.07 |
UK | 0.69 | 0.07% | 0.50 | 39.40% | 1.19 |
South Africa | 0.38 | 0.04% | 0.26 | 48.78% | 0.64 |
Australia | 0.28 | 0.03% | 0.35 | -21.02% | 0.63 |
Sweden | 0.14 | 0.01% | 0.32 | -55.39% | 0.46 |
Philippines | 0.03 | 0.00% | 0.20 | -82.45% | 0.23 |