Vietnam Liquefied Butane Import Guide 2023-2025

Introduction

To help global liquefied Butane manufacturers, exporters, and related suppliers efficiently expand into the Vietnamese market, CRI releases the "Vietnam Liquefied Butane Import Guide 2023-2025." The guide provides an overview of the Vietnamese liquefied butane industry, import market, and import company information for the period.

The types of importing companies are diverse, including energy companies, gas companies, trading and distribution companies, and large industrial enterprises etc. This guide features the top 10 importing companies, including company profiles, contact information, and important information such as import volume, value, price, import resources, and major suppliers for 2023-2025 (including Excel data source).

The publication of the "Vietnam Liquefied Butane Import Guide 2023-2025" aims to provide liquefied butane exporters with precise customer acquisition channels, helping them expand into the Vietnamese market more efficiently. It also provides valuable decision-making insights into international trading companies and investment institutions, helping them optimize their regional supply chain strategies. This guide will help suppliers stay abreast of Vietnamese market trends, mitigate potential risks, and enhance their international competitiveness.

Industry Overview

Butane is a key component of liquefied petroleum gas (LPG), primarily used in residential gas supply, industrial fuel, petrochemical production, and metal processing.

With Vietnam's economic growth, urbanization, and manufacturing expansion, butane demand has maintained steady growth in recent years. In Vietnam, butane is mainly consumed in the form of LPG, primarily in household cylinders, commercial gas supply, and some industrial combustion.

Vietnam's domestic refineries can produce some LPG (containing propane and butane), but domestic production is insufficient to meet demand. Therefore, Vietnam relies heavily on imports of butane and blended LPG.

The main characteristics of Vietnam's butane market are pronounced seasonality in consumption, a well-developed distribution system, and a market dominated by state-owned enterprises and large foreign-invested companies. Demand increases significantly during winter and peak residential gas consumption periods (in the northern region).

Vietnam's butane industry is supported by strong demand, but its supply remains highly dependent on imports, making fluctuations in international LPG prices have a relatively significant impact on the Vietnamese market.

With the expansion of industrial sectors (especially metal processing, ceramics manufacturing, and food processing) and urbanization, butane demand is expected to continue to grow steadily, attracting more investment from distributors, warehousing and logistics companies, and gas station systems.

Import Market Overview

The demand for liquefied butane is growing in Vietnam, but local production capacity is limited, and the country is highly dependent on imports.

According to CRI analysis, Vietnam's butane import market is characterized by high dependence on imports, continuously growing demand, and diversified supply sources. Due to limited domestic refining capacity, Vietnam relies on imports to meet over 60%–70% of its butane demand. With increasing demand from residential gas, commercial kitchens, manufacturing heating processes, and aerosol production, Vietnam's imports have maintained a steady upward trend.

Vietnam's imports of liquefied butane continue to increase. United State is the largest source of imports.

According to CRI statistics, approximately 80 importers in Vietnam imported liquefied butane in 2024, totaling US$513 million, a 59.7% year-on-year increase. According to CRI analysis, Vietnam's total imports of liquefied butane reached US$380 million from January to September 2025, an increase of approximately 10.0% compared to the same period in 2024. United State was Vietnam’s the largest import source of liquefied butane, accounting for approximately 40.9% of total imports from January to September 2025.

Overview of Foreign Investment in Vietnam's Liquefied Butane Industry

Investment Background

Urbanization, population growth, and the expansion of the middle class in Vietnam are driving steady growth in bottled LPG (containing butane and propane). Butane usage is increasing in various sectors including households, commercial catering, hotels, and industrial processing. Vietnam's annual LPG consumption maintains a compound annual growth rate of approximately 5%–7%, with a high dependence on imports. Foreign investment can effectively fill the supply gap.

Investment Advantages

1. Political stability and rapid economic development. The Vietnamese government has strong governing capabilities, consistent policies, and a focus on economic development and improving people's livelihoods.

2. Relatively low labor costs.

3. Strategically located in the eastern part of the Indochina Peninsula, with a 3,260-kilometer coastline and numerous ports, transportation is convenient.

4. Relatively relaxed policies and regulations provide foreign investors with comprehensive legal protection and generous preferential policies.

5. Vietnam has a high level of openness to the outside world, with 19 free trade agreements signed or in progress. Investors can use platforms such as RCEP and the China-ASEAN Free Trade Area to explore a broader international market.

Investment Regulations

Butane falls under the liquefied petroleum gas (LPG) sector, and Vietnam allows 100% foreign investment in trading, storage, and distribution businesses. However, for areas involving gas storage, ports, and transportation, safety permits from the Ministry of Industry and Trade (MOIT) and local governments are required.

Guide Highlights:

Comprehensive Coverage:

This directory includes major importers in Vietnam, including energy companies, gas companies, trading and distribution companies, and large industrial enterprises etc.

Detailed Information:

Including basic information about the TOP10 importers, contact information, import quantity, import value, price, import source and main suppliers.

Product Focus:

With data-driven and market-oriented approach, we focus on key industries and conduct in-depth analysis of Vietnam's import policies, market demand and major sources of supply. Whether you are a foreign trade company, an investment institution, or a practitioner upstream or downstream of the industrial chain, you can quickly find reliable information and practical strategies here.

Efficient Connectivity:

The guide has a clear format and includes Excel data, which facilitates quick screening, group management and batch contact, helping global suppliers to efficiently connect with the Vietnamese market.

Market Value:

The guide includes an overview of Vietnam's liquefied butane industry, an overview of the import market, and a brief analysis of market demand trends, helping global suppliers seize the Vietnamese market and opportunities.