Vietnam’s exports of plastic products increased by 8.36 percent in December compared to November, reaching US$653.63 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s plastic products exports total US$6.73 billion for 2024.
The rise in exports was primarily driven by a significant increase in shipments to the USA, which saw a 10.61 percent growth, amounting to US$338.19 million. Exports to India, Germany, and the Netherlands also showed positive growth, with increases of 28.22 percent, 19.93 percent, and 14.50 percent, respectively.
However, some markets experienced a decline. Exports to Japan, South Korea, China, and Thailand showed decreases of 7.49 percent, 0.17 percent, 1.60 percent, and 27.57 percent, respectively.
See also: Plastics Industry in Vietnam
Vietnam plastic products exports, December 2024, US$
December | November | MoM | 2024 | |
Total | 653,631,447 | 603,230,897 | 8.36% | 6,725,300,110 |
Other | 48,203,335 | 42,502,449 | 13.41% | 544,608,768 |
USA | 338,191,913 | 305,761,453 | 10.61% | 3,081,809,424 |
Japan | 60,316,053 | 65,201,334 | -7.49% | 730,967,296 |
South Korea | 24,172,442 | 24,212,804 | -0.17% | 301,864,314 |
China | 21,249,915 | 21,595,359 | -1.60% | 219,153,796 |
India | 19,169,766 | 14,951,012 | 28.22% | 183,654,268 |
Germany | 17,459,706 | 14,558,838 | 19.93% | 180,099,987 |
Netherlands | 16,894,898 | 14,755,136 | 14.50% | 188,403,004 |
Cambodia | 14,564,241 | 12,558,025 | 15.98% | 203,214,921 |
Indonesia | 13,742,281 | 13,956,631 | -1.54% | 142,241,946 |
UK | 12,965,516 | 10,889,945 | 19.06% | 144,615,439 |
Thailand | 11,671,261 | 16,113,602 | -27.57% | 216,167,295 |
Australia | 9,462,053 | 7,137,210 | 32.57% | 98,893,969 |
Mexico | 7,174,693 | 5,646,129 | 27.07% | 66,213,774 |
Canada | 6,963,891 | 5,804,999 | 19.96% | 75,751,053 |
France | 6,013,744 | 4,109,449 | 46.34% | 53,310,300 |
Belgium | 5,443,549 | 3,593,240 | 51.49% | 56,261,625 |
Taiwan | 5,208,325 | 4,699,902 | 10.82% | 53,923,519 |
Poland | 5,197,079 | 4,621,455 | 12.46% | 57,004,829 |
Philippines | 4,839,567 | 6,003,802 | -19.39% | 67,190,590 |
Malaysia | 4,727,219 | 4,558,123 | 3.71% | 59,949,993 |
See also: How to Start an Export Business in Vietnam.