Liquefied gas import markets in first 8 months of 2025
Tuesday, September 16,2025
AsemconnectVietnam - In the first 8 months of 2025, the country imported nearly 2.15 million tonnes of liquefied gas, worth nearly 1.35 billion USD, with an average price of 626.09 USD/tonne.
According to preliminary statistics from the Customs Department, in August 2025, the country imported 342,902 tonnes of liquefied gas, equivalent to over 191.34 million USD, with an average price of 558 USD/tonne, up by 19.19% in volume, up by 10.36% in value but down by 7.41% in price compared to July of 2025.
In the first 8 months of 2025, the country imported nearly 2.15 million tonnes of liquefied gas, worth of nearly 1.35 billion USD, with an average price of 626.09 USD/tonne, down by 1.45% in volume, down 4.12% in turnover and down by 2.71% in price compared to the first 8 months of 2024. Vietnam imported the most liquefied gas from 3 markets: Malaysia, Qatar and China; in which, Malaysia was the largest market.
In August of 2025, the imports from this market increased slightly by 8.09% in volume, but decreased by 0.14% in turnover and price decreased by 7.61% compared to July of 2025, reaching 27,404 tonnes, equivalent to nearly 16.58 million USD, the price was at 605.02 USD/tonne. Compared to August of 2024, it increased sharply by 84.08% in volume, increased by 56.49% in turnover but decreased by 14.99% in price.
In general, in the first 8 months of 2025, 414,389 tonnes of liquefied gas were imported from the Malaysian market, equivalent to over 276.51 million USD, priced at 667.28 USD/tonne, up by 53.83% in volume, up by 55.72% in turnover and up by 1.23% in price compared to the first 8 months of 2024; accounting for 19.28% of the total volume and 20.55% of the total import turnover of liquefied gas of the whole country.
Qatar was the second largest liquefied gas import market of Vietnam. In the first 8 months of 2025, Vietnam imported 261,092 tonnes of liquefied gas from this market, equivalent to nearly 162.4 million USD, the import price was 622 USD/tonne, down by 33.17% in volume, down by 31.4% in turnover but up by 2.65% in price compared to the first 8 months of 2024, accounting for 12.15% of the total volume and 12.07% of the total turnover. In August of 2025 alone, Vietnam did not import liquefied gas from the Qatar market.
The next was the Chinese market, in August 2025, imports reached 34,136 tonnes, equivalent to over 20.3 million USD, price 594.75 USD/tonne, up 21.65% in volume, up 12.93% in turnover compared to July of 2025 but price decreased by 7.17%.
In the first 8 months of 2025, 203,335 tonnes of liquefied gas were imported from China worth over 138.85 million USD, the price was 682.87 USD/tonne, up by 1.22% in volume, but down by 3.61% in turnover and down by 4.78% in price compared to the first 8 months of 2024; accounting for 9.46% of the total volume and 10.32% of the total import turnover of liquefied gas of the whole country. Notably, liquefied petroleum gas imported from the South Korean market in the first 8 months of this year continued to increase sharply compared to the first 8 months of 2024, up by 639.69% in volume, up by 563.11% in turnover, although only accounting for a small proportion, accounting for 1.64% of the total volume and 1.8% of the total import turnover of liquefied petroleum gas of the whole country, reaching 35,276 tonnes, equivalent to over 24.23 million USD.
In August of 2025 alone, imports from South Korea continued to increase sharply compared to July of 2025, up by 43.48% in volume and up by 21.87% in turnover, reaching 5,943 tonnes, equivalent to 3.41 million USD. In contrast, liquefied petroleum gas imports from the Thai market continued to decline sharply by 92.84% in volume and 92.72% in value compared to the first 8 months of 2024, reaching only 1,737 tonnes, equivalent to 1.27 million USD, accounting for 0.08% of the total volume and 0.09% of the total liquefied petroleum gas import turnover of the whole country. In general, the import turnover of liquefied petroleum gas in the first 8 months of 2025 from most markets increased compared to the same period in 2024.
CK
Source: VITIC
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