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Vietnam’s plastic imports surge to US$1.12 billion in December 2024

Vietnam imported US$1.12 billion worth of plastics in December 2024, reflecting an 8.52 percent increase compared to November, according to data from Vietnam’s General Department of Customs. The year-to-date imports reached US$11.78 billion.

China remained the top supplier, exporting US$331.75 million in December, up 6.68 percent month-on-month. South Korea followed with US$191.84 million, a 7.59 percent rise, while Taiwan recorded a slight decline of 1.27 percent, with imports totalling US$111.41 million.

Significant growth was observed in imports from smaller suppliers. Singapore’s exports to Vietnam rose by 28.27 percent to US$30.42 million, while Indonesia registered a similar increase of 28.39 percent, reaching US$20.46 million. Imports from Thailand grew sharply by 21.79 percent to US$66.57 million, and the USA recorded a 15.19 percent jump to US$72.42 million.

See also: Plastics Industry in Vietnam

Vietnam’s imports of plastics, December 2024

DecemberNovemberMoMYTD
Total1,115,656,0381,028,067,1658.52%11,780,250,718
Other104,086,58991,839,37013.34%1,110,863,591
China331,751,719310,967,8976.68%3,201,146,360
South Korea191,837,267178,307,7187.59%2,324,323,570
Taiwan111,412,975112,842,350-1.27%1,227,379,219
Saudi Arabia95,336,30094,151,3001.26%974,071,399
USA72,419,05562,869,55715.19%783,671,648
Thailand66,571,73754,661,51921.79%712,424,101
Japan50,274,00048,457,7273.75%548,338,796
Malaysia41,087,56834,318,69519.72%388,188,692
Singapore30,422,08123,717,51328.27%311,585,417
Indonesia20,456,74715,933,51928.39%198,257,925

See also: How to Start an Import Business in Vietnam

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