Vietnam’s exports of toys and sports requisites decreased by 10.05 percent in February compared to January, amounting to US$361.43 million, according to data from Vietnam’s General Department of Customs.

Vietnam’s total exports of toys and sports requisites for 2025 have reached US$763.96 million, showing a slowdown in demand from key markets.

The decline in exports was primarily driven by a 15.95 percent drop in shipments to the USA, which made up nearly 62 percent of the total exports. Meanwhile, exports to Canada, Germany, and Australia also saw significant declines. However, exports to China increased by 33.88 percent, reaching US$11.30 million, while exports to Belgium surged by 179.05 percent.

Vietnam toys and sports requisites exports, February 2025, US$ millions

	February	January	MoM	% of Total	YTD
Total	361.43	401.81	-10.05%	100.00%	763.96
Other	15.09	16.54	-8.77%	4.18%	32.45
USA	223.38	265.79	-15.95%	61.81%	489.10
Japan	34.57	37.71	-8.33%	9.57%	72.28
UK	16.15	15.06	7.25%	4.47%	31.20
China	11.30	8.44	33.88%	3.13%	19.73
Netherlands	8.09	7.45	8.65%	2.24%	15.54
Canada	5.18	7.39	-29.93%	1.43%	12.57
Australia	4.59	7.24	-36.70%	1.27%	11.83
Mexico	7.01	6.94	1.06%	1.94%	13.95
Germany	3.97	5.61	-29.28%	1.10%	9.58
South Korea	4.57	3.59	27.32%	1.26%	8.15
Belgium	8.84	3.17	179.05%	2.44%	12.00
Italy	2.26	2.78	-18.72%	0.63%	5.05
France	1.79	2.68	-33.17%	0.49%	4.46
Spain	5.88	2.43	142.03%	1.63%	8.30
Hong Kong	2.75	2.39	15.08%	0.76%	5.14
Brazil	1.86	1.50	24.41%	0.52%	3.36
Sweden	0.74	1.42	-47.82%	0.20%	2.16
Russia	0.07	1.20	-94.36%	0.02%	1.26
Singapore	1.39	0.85	62.67%	0.38%	2.24
Malaysia	0.78	0.65	20.54%	0.22%	1.43
Taiwan	0.90	0.63	42.88%	0.25%	1.52
Denmark	0.28	0.36	-22.76%	0.08%	0.64

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