Vietnam's cement and clinker exports continued to grow strongly in November 2025, with a monthly export volume of 3.55 million tons, a sharp increase of 61.9% year-on-year, and a steady increase of 2.4% year-on-year. This data was released by Vietnam Customs on December 8. Although the specific composition of cement and clinker is not separately distinguished, the overall scale has fully demonstrated the effectiveness of its overseas market expansion. Since this year, the cumulative performance has been even more impressive, with a total export volume of 33.4 million tons from January to November, an increase of 21.7% over the same period last year, laying a solid foundation for the annual performance.
Bangladesh continued to maintain its position as Vietnam's largest export destination, receiving 497,200 tons in November, up nearly 75% year-on-year. The Philippines and Malaysia followed closely, forming the core buyer group of Vietnam's cement products together with Bangladesh and Taiwan, China. More noteworthy is the breakthrough in market diversification, with Brazil and Angola welcoming Vietnamese cement and clinker cargo ships for the first time in November this year, marking Vietnam's success in opening up a new overseas growth point. The Cement Information and Data Center (ClDC), a subsidiary of the Vietnam Cement Association, pointed out that the recent sustained rebound in export activity has effectively eased the pressure of high domestic inventories. The strong recovery on the
demand side is a key factor supporting export growth. The simultaneous improvement of domestic and foreign markets, on the one hand, benefited from the acceleration of public investment expenditure and the recovery of civil construction activities, on the other hand, the favorable weather conditions since the fourth quarter accelerated the allocation of government project funds, and promoted the steady rise of domestic consumption. Based on this trend, ClDC predicts that Vietnam's total cement and clinker exports will reach about 37 million tons in 2025, showing the industry's optimistic expectations for the future market.
However, the expansion of Vietnam's cement industry is not a smooth road. Competition in the global market is becoming increasingly fierce, and major exporting countries such as Thailand, Indonesia and China are also facing the dilemma of overcapacity and are actively increasing overseas dumping. At the same time, key markets such as the Philippines, Bangladesh, Malaysia and Taiwan have raised the entry threshold to restrict imports by tightening technical standards, strengthening environmental protection requirements, and maintaining or expanding trade remedies. ClDC warns that this will put higher demands on Vietnamese producers, who must focus on improving product quality and responsiveness.
An Asian trader admitted that Vietnam's cement and clinker still have room for growth in the international market, but the increasing tariffs, safeguards and anti-dumping duties in the United States, the Philippines and Taiwan will be the main obstacles. At the price level, the latest Platts assessment of S & P Global Energy shows that on December 4, the FOB price of Vietnam Cement (ASTM I) was $36.5 per ton, and the FOB price of clinker was $31 per ton, both up from last week. Production-side data show that Vietnam's cement output in the first 11 months of 2024 was 167 million tons, an increase of 3% over the same period last year, of which 17.2 million tons were produced in November, an increase of 12% over the same period last year, providing sufficient supply for exports.
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