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Vietnam’s precious stones, precious metals, and articles thereof exports decline by 23.94 percent in December

Vietnam’s exports of precious stones, precious metals, and articles thereof decreased by 23.94 percent in December compared to November, reaching US$47.97 million, according to data from Vietnam’s General Department of Customs.

Vietnam’s exports of precious stones, precious metals, and articles thereof total US$634.46 million for 2024.

The decline in exports was primarily driven by a decrease in shipments to the USA, which saw a 22.68 percent drop, amounting to US$16.99 million. Exports to France, Belgium, and the UK also showed significant declines of 37.63 percent, 23.17 percent, and 56.05 percent, respectively.

However, some markets experienced growth. Exports to South Korea and Hong Kong decreased but at a lower rate, while shipments to Taiwan and the UAE showed positive growth.

See also: Mining in Vietnam: Industry Overview

Vietnam precious stones, precious metals, and articles thereof exports, December 2024, US$

DecemberNovemberMoM2024
Total47,971,75163,067,974-23.94%634,460,160
Other4,578,0348,121,616-43.63%71,697,613
USA16,989,90221,974,070-22.68%257,749,840
Japan6,113,1697,162,049-14.64%72,930,557
South Korea4,767,4565,820,724-18.10%52,140,482
Hong Kong4,623,9414,947,354-6.54%46,950,700
France3,819,1316,122,927-37.63%36,481,059
Belgium3,100,7374,035,955-23.17%46,999,725
Australia1,863,2592,210,854-15.72%19,449,889
Thailand1,309,1181,428,092-8.33%13,662,563
Germany318,820472,145-32.47%6,682,638
Spain193,575323,703-40.20%3,090,621
UK153,799349,962-56.05%3,853,737
Taiwan78,48998,523-20.33%1,249,586
UAE62321#DIV/0!1,521,150

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

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