Vietnam’s exports of toys and sports requisites, including parts and accessories, increased by 2.66 percent in December compared to November, reaching US$315.02 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s toys and sports requisites exports total US$3.76 billion for 2024, demonstrating strong global demand despite minor fluctuations.
The rise in exports was driven by a significant increase in shipments to the USA, which saw a 17.40 percent growth, amounting to US$165.24 million. Exports to the Netherlands, Canada, and Australia also showed strong growth, increasing by 33.23 percent, 15.31 percent, and 11.34 percent, respectively.
However, some markets experienced a decline. Exports to Japan, the UK, and Mexico dropped by 32.17 percent, 13.77 percent, and 30.36 percent, respectively.
See also: Vietnam’s Toy Industry: Overview
Vietnam toys and sports requisites exports, December 2024, US$
December | November | MoM | 2024 | |
Total | 315,016,077 | 306,848,823 | 2.66% | 3,756,058,913 |
Other | 40,181,586 | 34,753,235 | 15.62% | 514,709,474 |
USA | 165,236,160 | 140,740,586 | 17.40% | 1,781,174,208 |
Japan | 43,557,274 | 64,215,836 | -32.17% | 593,478,587 |
UK | 15,011,309 | 17,408,379 | -13.77% | 202,215,275 |
China | 13,573,793 | 13,535,155 | 0.29% | 132,898,694 |
Netherlands | 7,771,815 | 5,833,170 | 33.23% | 103,746,501 |
Germany | 7,310,910 | 7,862,977 | -7.02% | 121,594,999 |
Australia | 6,183,121 | 5,553,604 | 11.34% | 83,306,032 |
Canada | 6,003,914 | 5,206,865 | 15.31% | 76,664,739 |
Mexico | 5,676,030 | 8,150,730 | -30.36% | 105,982,753 |
South Korea | 4,510,165 | 3,588,286 | 25.69% | 40,287,651 |
See also: How to Start an Export Business in Vietnam.