Hanoi (VNA) – The National Statistics Office of Vietnam has freshly released data showing robust expansion in Vietnam’s trade activities during the first ten months of 2025.
In detail, the country’s total import-export turnover surpassed 762 billion USD, marking a 17.4% increase compared to the same period last year. Exports alone reached 391 billion USD, up 16.2%, helping to maintain a trade surplus of 19.56 billion USD.
Foreign trade remained vibrant in October, with total turnover exceeding 81 billion USD. Although this represented a slight decline of 1.2% from September, it still reflected a 17.2% increase year-on-year.
Exports for the month amounted to over 42 billion USD, down 1.5% from the previous month. Of this, the domestic sector contributed 8.6 billion USD (down 0.7%), while the foreign-invested sector, including crude oil, accounted for 33.45 billion USD (down 1.7%). Nonetheless, exports in October rose sharply by 17.5% from a year earlier, driven largely by a 31.8% surge from the FDI sector.
Imports in October were valued at more than 39.4 billion USD, a marginal decline of 1% from September. The domestic sector recorded growth of 4.2% to nearly 11.4 billion USD, whereas the foreign-invested one fell by 2.9% to 28 billion USD. On a yearly basis, imports in October still went up 16.8%, with the FDI sector up 33.8%.
For the 10-month period, export turnover totalled 391 billion USD, up 16.2% year-on-year (compared with a 15.2% increase in the same period of 2024). That included more than 94 billion USD from the domestic sector, accounting for 24.1% of total exports. Meanwhile, the foreign-invested sector (including crude oil) earned over 296.8 billion USD, rising 22.5% and representing a dominant 75.9% share.
Over the 10 months, Vietnam recorded 36 export items each exceeding 1 billion USD in value, making up 94.1% of total overseas shipments. Among them, seven items surpassed 10 billion USD each, representing 67.9%.
By export category, processed industrial goods led the way with 346.7 billion USD (88.7%), followed by agro-forestry products at 32.6 billion USD (8.3%), fishery products at 9.3 billion USD (2.4%), and fuels and minerals at 2.3 billion USD (0.6%).
In terms of imports, total turnover over the ten-month period stood at 371.44 billion USD, up 18.6% year-on-year (compared with a 17.2% rise in the same period last year). The domestic sector spent 117 billion USD on imports (up 2.8%), while the foreign-invested one reached 254 billion USD (up 27.6%).
During this period, 47 imported commodities recorded values exceeding 1 billion USD each, making up 93.9% of total imports. Among them, four posted over 10 billion USD in turnover each, equivalent to 52.7% of the total.
Capital goods continued to dominate imports with 348 billion USD (93.8%), of which machinery, equipment, tools, and spare parts made up 52.6%, while raw materials, fuels, and intermediate goods 41.2%. Consumer goods imports reached 23.21 billion USD, or 6.2%.
The US remained Vietnam’s largest export market, with a turnover of 126.2 billion USD, while China continued to be the country’s largest source of imports, totalling 150.9 billion USD.
Over the 10 months, Vietnam saw a trade surplus of 111 billion USD with the US (up 28.2%), 32.2 billion USD with the EU (up 11.2%), and 1.6 billion USD with Japan (down 29.8%).
Conversely, the country registered a trade deficit of 93.9 billion USD with China (up 38.6%), 25.6 billion USD with the Republic of Korea (up 1.6%), and 11.6 billion USD with ASEAN nations (up 55.9%).
Overall, Vietnam’s trade surplus stood at 19.56 billion USD during the first ten months of 2025./.
