Business

Vietnam records 19.56 billion USD trade surplus in first ten months

The country posted a trade surplus of 19.56 billion USD, compared with 23.18 billion USD in the same period last year.

Vietnam records 19.56 billion USD trade surplus in first ten months. (Illustrative photo: VNA)
Vietnam records 19.56 billion USD trade surplus in first ten months. (Illustrative photo: VNA)

Hanoi (VNA) – Vietnam’s total foreign trade value reached 762.44 billion USD in the first ten months of 2025, the National Statistics Office (NSO) under the Ministry of Finance reported on November 6.

The country posted a trade surplus of 19.56 billion USD, compared with 23.18 billion USD in the same period last year. The domestic sector reported a trade deficit of 22.83 billion USD, while the foreign-invested sector (including crude oil) maintained a surplus of 42.39 billion USD.

In October alone, exports were estimated at 42.05 billion USD, down 1.5% from September but up 17.5% year-on-year. Cumulatively, exports during the January–October period hit 391 billion USD, a 16.2% increase year-on-year. Of this, the domestic sector contributed 94.17 billion USD (24.1% of the total), while the foreign-invested one (including crude oil) reached 296.83 billion USD (75.9%), up 22.5%.

NSO data showed that 36 commodities recorded an export turnover exceeding 1 billion USD, accounting for 94.1% of total overseas shipments. Seven of these surpassed 10 billion USD each, making up 67.9%.

By category, processed and manufactured goods dominated with 346.73 billion USD (88.7%), followed by agricultural and forestry products with 32.62 billion USD (8.3%), aquatic products with 9.33 billion USD (2.4%), and fuels and minerals with 2.32 billion USD (0.6%).

On the import side, turnover in October was estimated at 39.45 billion USD, down 1% from the previous month but up 16.8% compared to a year earlier. Total imports for the first ten months amounted to 371.44 billion USD, an 18.6% year-on-year rise. The domestic sector made up 117 billion USD, up 2.8%, while the foreign-invested sector reached 254.44 billion USD, up 27.6%.

China remained the largest supplier of goods for Vietnam with a total value of 150.9 billion USD. Forty-seven imported items were worth over 1 billion USD each, representing 93.9% of total import turnover, including four items exceeding 10 billion USD each (52.7%).

Regarding import structure, capital goods were valued at 348.23 billion USD, accounting for 93.8% of the total, with machinery, equipment, tools and spare parts making up 52.6%, and raw materials and fuels 41.2%. Consumer goods were worth 23.21 billion USD, equivalent to 6.2% of total imports, the NSO noted./.

VNA
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