Vietnam’s exports of toys, sports requisites, and their parts and accessories increased in October 2024, with export value reaching US$342.18 million, according to Vietnam’s General Department of Customs. This represents a 9.5 percent rise compared to September, which recorded US$312.46 million.
However, year-to-date performance shows little change. From January to October, the sector’s exports totalled US$3.13 billion, reflecting a slight decline of 0.7 percent compared to the same period in 2023.
The October growth suggests recovering demand for these products, but the flat year-to-date performance highlights challenges such as shifting global market dynamics and competition. Continued efforts in market diversification and innovation may help drive future growth in this sector.
See also: Manufacturing in Vietnam: Ultimate Guide
Vietnam toy and sports equipment exports, October vs. September 2024, US$
| October | September | MoM | YTD | |
| Total | 342,178,399 | 312,463,477 | 9.5 | 3,132,002,957 |
| Other | 12,637,850 | 15,307,864 | -17.44% | 176,983,469 |
| Australia | 10,484,407 | 6,649,862 | 57.66% | 71,582,888 |
| Canada | 5,664,598 | 6,943,127 | -18.41% | 65,453,936 |
| China | 15,239,749 | 9,231,786 | 65.08% | 105,254,257 |
| Denmark | 216,837 | 250,211 | -13.34% | 4,283,585 |
| France | 2,587,026 | 4,341,668 | -40.41% | 34,099,147 |
| Germany | 9,082,423 | 8,862,161 | 2.49% | 106,420,849 |
| HongKong | 3,903,963 | 3,127,070 | 24.84% | 31,748,115 |
| Italy | 1,098,347 | 995,540 | 10.33% | 19,325,552 |
| Japan | 62,145,223 | 45,958,261 | 35.22% | 484,940,673 |
| Malaysia | 974,266 | 671,466 | 45.10% | 8,684,444 |
| Mexico | 10,153,635 | 5,109,781 | 98.71% | 92,195,333 |
| Netherlands | 7,934,795 | 8,214,117 | -3.40% | 90,141,251 |
| Russia | 319,614 | 1,065,807 | -70.01% | 10,978,220 |
| Singapore | 789,828 | 577,264 | 36.82% | 6,968,098 |
| South Korea | 3,032,356 | 2,428,870 | 24.85% | 32,119,875 |
| Spain | 1,344,282 | 3,255,165 | -58.70% | 70,783,918 |
| Sweden | 1,007,339 | 558,840 | 80.26% | 8,733,154 |
| Taiwan | 1,500,268 | 1,128,597 | 32.93% | 11,598,137 |
| United Kingdom | 17,263,456 | 18,743,928 | -7.90% | 169,792,189 |
| United States of America | 170,252,787 | 164,755,489 | 3.34% | 1,474,997,694 |
| Belgium | 2,795,966 | 2,972,677 | -5.94% | 39,114,567 |
| Brazil | 1,749,384 | 1,313,926 | 33.14% | 15,803,606 |