Forecast: Import of Plastics and Articles Thereof to Viet Nam

Based on the provided data, the import of plastics and articles thereof to Vietnam is forecasted to increase steadily from 2024 to 2028. In 2023, the import value stood at approximately 16.75 billion USD. The year-on-year variation from 2024 to 2025 is roughly 3.88%, from 2025 to 2026 is around 3.66%, from 2026 to 2027 is about 3.45%, and from 2027 to 2028 around 3.27%. Over the last five years, the CAGR (Compound Annual Growth Rate) is estimated to be around 3.72%.

Future Trends to Watch For:

  • Technological advancements in plastic recycling and sustainable products may influence import volumes and values.
  • Potential changes in trade policies or tariffs impacting the flow and cost of imports.
  • Economic growth in Vietnam, which could drive higher demand for imported plastics and plastic articles.
  • Global supply chain disruptions or improvements that may affect shipment logistics and costs.

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