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Vietnam’s transportation exports surge in October, growth steady year-to-date

Vietnam’s exports of other means of transportation, along with parts and accessories, saw a sharp rise in October 2024, with export value reaching US$1.35 billion. This represents a 22.6 percent increase compared to September, which recorded US$1.10 billion, according to Vietnam’s General Department of Customs.

Year-to-date performance remains solid. From January to October, the sector’s exports totalled US$12.52 billion, a 5.9 percent increase compared to the same period in 2023.

The consistent year-to-date growth, coupled with October’s surge, underscores Vietnam’s expanding role in manufacturing and supplying transportation products. This sector continues to be a vital contributor to Vietnam’s export economy, with opportunities for further expansion driven by increasing global market demand and Vietnam’s growing production capabilities.

See also: Manufacturing in Vietnam: Ultimate Guide

Vietnam exports of other means of transport, parts, and accessories, October vs. September 2024, US$

OctoberSeptemberMoMYTD
Total1,347,047,4291,098,924,02022.58%12,516,636,333
Other130,606,00799,827,51530.83%884,423,099
USA265,645,584230,804,46315.10%2,666,701,846
Japan282,364,860231,554,20221.94%2,467,221,875
South Korea124,603,835105,946,68917.61%1,323,406,103
Singapore47,118,52550,003,764-5.77%653,186,478
Thailand56,086,51139,620,34341.56%486,844,536
Indonesia80,032,33220,825,281284.30%353,034,531
Mexico43,050,12436,599,45417.63%344,768,166
China37,098,42025,367,45746.24%341,531,616
Canada47,785,65923,266,037105.39%318,960,106
Brazil25,980,95827,218,033-4.55%300,141,986
Italy20,108,17133,705,228-40.34%299,288,812
Netherlands18,415,75612,725,03344.72%270,826,494
India17,122,36014,311,67719.64%173,755,961
Philippines21,585,74219,988,8177.99%166,555,777
Germany14,234,74519,066,614-25.34%165,892,247
United Kingdom26,140,1209,749,239168.12%162,218,609
Malaysia14,777,65011,697,46026.33%146,375,501
Turkey3,252,4562,207,12647.36%130,025,892
Australia10,287,3096,666,84254.31%107,587,040
Taiwan5,711,2635,377,6176.20%101,124,286
Poland7,588,8686,881,05010.29%98,525,095
UAE6,035,99219,535,159-69.10%66,774,359
Spain4,424,7205,427,028-18.47%64,261,023
France4,446,9085,069,264-12.28%62,975,969
South Africa3,088,3862,638,70817.04%49,720,580
Laos6,169,6293,764,78963.88%37,530,545
Cambodia3,830,91010,217,351-62.51%36,727,034
Egypt4,772,2224,285,15711.37%33,760,812
Czech Republic2,616,6832,862,283-8.58%31,203,612
Greece1,728,2292,285,325-24.38%24,470,457
Chile3,454,4942,434,07341.92%24,341,387
Nigeria041,927-100.00%17,148,787
Romania1,191,7971,880,947-36.64%15,260,439
Panama78,582224,302-64.97%11,016,662
Cyprus333,279303,4849.82%10,689,551
Switzerland235,15433,029611.96%10,593,602
Finland549,0611,104,571-50.29%8,568,237
Hungary631,307799,780-21.06%8,150,988
Norway287,456552,106-47.93%8,045,269
Saudi Arabia1,430,284216,841559.60%7,996,995
Colombia225,349599,617-62.42%6,868,541
Denmark794,800498,00559.60%5,205,155
Pakistan603,152325,22485.46%5,007,440
Kuwait408,671300,60135.95%4,251,932
Myanmar (Burma)113,109114,508-1.22%3,645,803
Senegal25,09800.00%25,098
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