AsemconnectVietnam - The preliminary statistics figures from the Customs Department showed that, Vietnam’s chemical import turnover reached $1.53 billion in August of 2026, a decrease of 6.27% from the previous month but a 17.03% increase compared to the same period of 2025.

In the first eight months of 2026, the country’s total import turnover for these products reached $12.76 billion, up by 22.45% year-on-year.
China, South Korea, Japan, Taiwan, the United States, and ASEAN remained the primary suppliers of chemicals and chemical products to Vietnam. In the eight-month period, import turnover reached $12.70 billion, an increase of 21.61% compared to the same period of 2025. This growth indicates that the demand for imported raw materials and chemical products for domestic production remains high, particularly among FDI enterprises.
Regarding ASEAN, the import turnover for the eight-month period reached $1.73 billion, up by 13.85% and accounting for 13.60% of the total import value. Within the region, Malaysia was the largest supplier at $681.51 million (up by 37.08%), followed by Thailand at $555.88 million (up by 13.54%) and Indonesia at $249.01 million (up by 3.15%). Conversely, the imports from Singapore fell by 13.8%, and those from Brunei dropped by 53.75%. Overall, while supplies from ASEAN increased, the growth rate was lower than the general rate of increase for chemical imports.
The imports from the EU reached US$684.53 million over the eight-month period, an increase of 2.01%, accounting for a 5.39% share. Within the bloc, Germany was the largest supplier at US$342.19 million (down by 7.56%), while Italy reached US$85.04 million (up by 21.35%) and France reached US$66.02 million (up by 18.97%). Overall, import growth from the EU was sluggish, with varying performance across member states.
Beyond the primary sources, several other markets recorded significant import growth: Switzerland (up by 71.92%), Canada (up by 49.68%), Australia (up by 45.61%), and Turkey (up by 52.56%). However, as these markets accounted for a small share, their impact on the total import value remained limited. This indicates that while Vietnamese enterprises are gradually diversifying their supply sources, China and other Asian nations continue to play a dominant role.
In terms of trade blocs, the RCEP FTA continued to account for the largest share at US$9.52 billion, a 24.05% increase and represented 74.99% of total imports during the eight-month period. The CPTPP FTA reached US$1.93 billion (up by 19.36%, a 15.20% share), while the EAEU FTA reached US$76.66 million (up by 20.19%). This structure demonstrates that Vietnam's chemical imports still concentrated primarily in Asia and among partners with favorable trade relations.
Source: VITIC