Vietnam cement, clinker exports rise in Oct, strengthening industry’s export role

Vietnam's cement and clinker exports grew in both volume and value in October 2025, reinforcing the importance of export activities in balancing the domestic industry's production, according to a statement published on Nov. 24 from the Vietnam Cement Association's official website.

Total export volume for October reached nearly 3.47 million mt, marking a 9% increase compared to September. Cement exports accounted for over 1.94 million tons, up 17% month over month, reflecting stronger demand in key import markets. Clinker exports stood at approximately 1.52 million mt, also showing a sharp increase over the same period in 2024. The export mix comprised 56% cement and 44% clinker, indicating a balanced delivery structure. The data did not break down volumes between cement and clinker.

The value of exports in October surpassed $128.43 million, representing a 9% increase from the previous month and a 20% rise compared to October 2024. This aligns with steady export volumes and stable prices amid recovering construction demand in several Asian markets.

For the first ten months of 2025, Vietnam's cement and clinker exports totaled nearly 30 million mt, valued at about $1.12 billion. This reflects year-over-year growth of 17% in volume and 13% in value. The average export price for cement during this period was approximately $37.3/mt. Bangladesh and the Philippines remained the largest export destinations, followed by Malaysia, Taiwan, and the US.

Luong Duc Long, Vice President and General Secretary of the Vietnam Cement Association, highlighted the positive impact of the clinker export tax rate reduction from 10% to 5%, effective from the end of May 2025 through the end of 2026, which has supported export growth. Manufacturers have also been actively seeking new customers and expanding into additional markets.

If the October export pace of around 3.5 million mt per month continues through November and December, total cement and clinker exports for 2025 could reach approximately 37 million mt, the statement said.

Despite the positive outlook, several traders and producers in the Asia region noted that challenges persist due to increased international competition, particularly from countries such as Thailand, Indonesia, and China, which have surplus production capacities. Additionally, key markets including the Philippines, Bangladesh, Malaysia, Taiwan, and the US are implementing stricter technical standards, environmental regulations, and trade defense measures. These developments require Vietnamese exporters to enhance product quality and adapt to evolving market conditions.

Platts, part of S&P Global Energy, assessed cement (ASTM type I) FOB Vietnam at $35.5/mt on Nov. 20, higher from $34.75/mt the previous week. Platts also assessed cement clinker FOB Vietnam at $30.5/mt on Nov. 20, up from $29.75/mt FOB the previous week.