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Vietnam’s plastic product exports remain stable in November

Vietnam’s plastic product exports reached US$603.23 million in November, showing a marginal month-on-month increase of 0.39 percent, according to Vietnam’s General Department of Customs. The slight growth highlights consistent demand in key markets.

Year-to-date exports of plastic products totalled US$6.07 billion. The United States emerged as the leading importer with US$2.74 billion, marking a 5.27 percent month-on-month increase. Notable growth was also observed in exports to Thailand, which increased by 21.66 percent. However, exports to South Korea and India faced declines of 8.70 percent and 15.38 percent, respectively.

The rise in demand from the US and Thailand demonstrates Vietnam’s ability to cater to diversified markets. Despite fluctuations in certain regions, the industry has maintained overall stability. Strategic initiatives to boost competitiveness and enhance quality will further solidify Vietnam’s position in global markets.

See also: Manufacturing in Vietnam

Vietnam plastics product exports, November 2024, US$

NovemberOctoberMoMYTD
Total603,230,897600,857,7910.39%6,071,668,663
Other33,741,19736,172,011-6.72%412,524,703
USA305,761,453290,467,1835.27%2,743,831,742
Japan65,201,33465,302,308-0.15%670,663,072
South Korea24,212,80426,519,424-8.70%277,669,793
China21,595,35919,749,3619.35%197,935,997
Thailand16,113,60213,244,58221.66%204,498,933
India14,951,01217,667,774-15.38%164,486,307
Netherlands14,755,13614,868,819-0.76%171,508,105
Indonesia13,956,63114,186,996-1.62%128,511,213
Cambodia12,558,02513,492,299-6.92%188,654,569
UK10,889,94511,208,619-2.84%131,649,923
Australia7,137,2109,687,645-26.33%89,413,930
Philippines6,003,8026,903,136-13.03%62,351,022
Canada5,804,9995,728,0531.34%68,787,164
Mexico5,646,1297,889,079-28.43%59,039,082
Taiwan4,699,9025,149,906-8.74%48,715,194
Poland4,621,4555,101,203-9.40%51,807,750
Malaysia4,558,1235,589,230-18.45%55,236,466
HongKong3,717,8754,145,519-10.32%48,472,042
Belgium3,593,2403,850,232-6.67%50,818,738
Italy3,079,2412,595,25718.65%24,428,314
Spain2,570,2673,531,579-27.22%31,075,087
Russia2,547,8631,816,12940.29%21,002,375
Denmark2,479,7132,281,5968.68%23,564,734
Singapore2,057,8192,087,439-1.42%19,920,718
Sweden1,652,1371,708,993-3.33%19,115,033
Laos1,539,2201,719,834-10.50%17,716,107
Myanmar1,361,1761,430,122-4.82%18,466,694
New Zealand969,7121,255,252-22.75%13,282,335
Turkey829,859606,95636.72%7,938,680
Bangladesh792,217696,75113.70%6,260,076
Czech Republic744,539811,104-8.21%7,674,233
UAE690,3751,360,331-49.25%12,142,789
Greece688,725583,92417.95%6,231,150
Ukraine467,16372,605543.43%1,110,579
Saudi Arabia452,926340,19433.14%6,639,987
Switzerland278,602440,818-36.80%2,173,488
Cyprus259,735321,474-19.20%3,588,906
Norway250,375274,054-8.64%2,637,181
Armenia000.00%124,452

See also: How to Start an Export Business in Vietnam

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