A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to  subscribe.

Vietnam’s plastic products exports rise by 8.36 percent in December

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$

DecemberNovemberMoM2024
Total653,631,447603,230,8978.36%6,725,300,110
Other48,203,33542,502,44913.41%544,608,768
USA338,191,913305,761,45310.61%3,081,809,424
Japan60,316,05365,201,334-7.49%730,967,296
South Korea24,172,44224,212,804-0.17%301,864,314
China21,249,91521,595,359-1.60%219,153,796
India19,169,76614,951,01228.22%183,654,268
Germany17,459,70614,558,83819.93%180,099,987
Netherlands16,894,89814,755,13614.50%188,403,004
Cambodia14,564,24112,558,02515.98%203,214,921
Indonesia13,742,28113,956,631-1.54%142,241,946
UK12,965,51610,889,94519.06%144,615,439
Thailand11,671,26116,113,602-27.57%216,167,295
Australia9,462,0537,137,21032.57%98,893,969
Mexico7,174,6935,646,12927.07%66,213,774
Canada6,963,8915,804,99919.96%75,751,053
France6,013,7444,109,44946.34%53,310,300
Belgium5,443,5493,593,24051.49%56,261,625
Taiwan5,208,3254,699,90210.82%53,923,519
Poland5,197,0794,621,45512.46%57,004,829
Philippines4,839,5676,003,802-19.39%67,190,590
Malaysia4,727,2194,558,1233.71%59,949,993

See also: How to Start an Export Business in Vietnam.

Get Vietnam plastics news sent straight to your inbox