According to data from the General Administration of Customs of the People's Republic of China (GACC), China's lithium iron phosphate (LFP) exports recorded 1,151.7 tonnes in April, down 15.8% month on month (MoM) but surging 1,710.15% compared with the same period last year.
In detail, the LFP exports from Guangxi Province to Vietnam stood at 968 tonnes, taking up 84% of China's total exports primarily because VinFast, a Vietnamese electric vehicle manufacturer under Vingroup, the country's largest private conglomerate, has established a LFP battery factory jointly with Chinese battery cell manufacturer locally, which relies on China's LFP cathode due to limited domestic capacity.
Source: GACC
From January to April, China's LFP exports amounted to 4,336.58 tonnes, rising 883.68% from the same period last year.
China's LFP imports have been minimal, which stood at merely 8.6 tonnes in April, or 46.54 tonnes over January-April 2025.
Written by Aggie Hu, huchenying@mysteel.com
