Hanoi (VNA) – Vietnam enjoyed a trade surplus of 20.53 billion USD in the first 11 months of 2025, the National Statistics Office (NSO) under the Ministry of Finance unveiled on December 6.
In the period, the total value of goods exports and imports reached 839.75 billion USD, up 17.2% year-on-year; of which, exports rose by 16.1% and imports by 18.4%.
Specifically, the export revenue in November stood at 39.07 billion USD, down 7.1% month-on-month. Of this, the domestic sector earned 8.23 billion USD, down 4.2%, while the foreign-invested sector (including crude oil) pocketed 30.84 billion USD from exports, down 7.8%.
Compared to the same period last year, November exports surged by 15.1%, with the domestic sector declining 17.5% but the foreign-invested one (including crude oil) rising 28.8%.
For the first 11 months, the total overseas shipments were estimated at 430.14 billion USD, up 16.1% year-on-year. Within this, the domestic sector posted 102.41 billion USD, down 1.7%, making up 23.8% of total exports; the foreign-invested sector earned 327.73 billion USD, up 23.1%, accounting for 76.2%.
During January–November, 36 export items each brought home over 1 billion USD, representing 94.1% of total exports, including eight with exports surpassing 10 billion USD, making up 70.3%.
Regarding the export structure for the period, processed industrial goods fetched 381.72 billion USD, accounting for 88.7%; agricultural and forestry products 35.58 billion USD, 8.3%; aquatic products 10.32 billion USD, 2.4%; and fuels and minerals 2.52 billion USD, 0.6%.
The import turnover in November amounted to 37.98 billion USD, down 3.7% compared to the previous month. Of this, the domestic sector spent 11.34 billion USD on imports, down 0.4%, while the foreign-invested sector spent 26.64 billion USD, down 5.1%. Compared to the same period last year, November imports rose 16%, with the domestic sector declining 8.8% and the foreign-invested one increasing 31.2%.
For the January–November period, total imports were valued at 409.61 billion USD, up 18.4% year-on-year, of which the domestic sector purchased 128.4 billion USD worth of goods, up 1.7%, and the foreign-invested sector 281.21 billion USD, up 28%.
During the period, 47 import items each exceeded 1 billion USD in value, accounting for 93.9% of total imports, including six of over 10 billion USD, making up 57.7%.
Regarding the import structure, the import value of capital goods was 383.96 billion USD, representing 93.7%. In particular, machinery, equipment, and spare parts made up 52.7%, while raw materials, fuels, and input supplies accounted for 41%. Consumer goods reached 25.65 billion USD, accounting for 6.3%.
China was the largest supplier of goods for Vietnam, with import value hitting 167.5 billion USD. In the first 11 months of 2025, Vietnam recorded a trade surplus of 35.6 billion USD with the EU, up 10.4%; another surplus of 2 billion USD with Japan, down 29.7%; a deficit of 104.3 billion USD with China, up 38.1%; a deficit of 28.3 billion USD with the Republic of Korea, up 1.9%; and a deficit of 12.4 billion USD with ASEAN, up 46.3%./.
