Vietnam’s total import-export turnover reached 127 billion USD in the first two months of 2025, marking a 12% increase compared to the same period last year, the National Statistics Office reported on March 6.
Vietnam recorded a trade surplus of 3.03 billion USD in January, despite overall trade activity showing signs of contraction, according to data released by the General Statistics Office on February 6.
Vietnam is expected to maintain a trade surplus for the ninth consecutive year in 2024, given its export growth in the remainders of the year equal to that during January-July, according to experts.
Vietnam has recorded a trade surplus of 4.72 billion USD in the first two months of 2024, higher than the figure of 3.5 billion USD reported in the same period last year, according to the General Statistics Office (GSO).
Vietnam’s trade surplus in September was estimated at some 2.3 billion USD, bring the figure in the first nine months of the year to nearly 21.7 billion USD, according to the General Statistics Office.
The US has concluded its investigation into Vietnam’s alleged import and use of timber illegally harvested or traded, and removed Vietnam from its currency manipulation list. After the move, the trade relations between the two countries are enjoying stronger growth.
Import-export activities were a highlight of Vietnam’s economy during the 2015-2020 period. In 2020, trade surplus reached 19.1 billion USD, marking the highest in five consecutive years recording trade surplus since 2016.
Vietnam posted a total export value of 194.3 billion USD in the first nine months of this year. Of the export staples, five commodities registered an export value of over 10 billion USD.
