According to the latest report from the General Statistics Office (Ministry of Finance) released on May 6, 2025, the total import and export turnover of goods in April 2025 reached US$74.32 billion, down 1.4% compared to the previous month and up 21.3% over the same period last year.
In the first four months of 2025, the total import and export turnover of goods reached US$276.89 billion, up 15.7% over the same period last year, including a 13.0% increase in exports and an 18.6% increase in imports.
In particular, the export turnover of goods in April 2025 reached US$37.45 billion, down 2.8% compared to the previous month. The domestic economic sector achieved US$11.66 billion, up 5.2%; the foreign-invested sector (including crude oil) reached US$25.79 billion, down 6.0%. Compared to the same period last year, the export turnover of goods in April 2025 increased by 19.8%, of which the domestic economic sector increased by 25.7%, and the foreign-invested sector (including crude oil) increased by 17.2%.
In the first four months of 2025, export turnover of goods reached US$140.34 billion, up 13.0% over the same period last year. In which, the domestic economic sector reached US$40.74 billion, up 18.1%, accounting for 29.0% of total export turnover; the foreign-invested sector (including crude oil) reached US$99.6 billion, up 11.0%, accounting for 71.0%.
In the first four months of 2025, 22 commodities had an export turnover of over US$1 billion, accounting for 88.1% of the total export turnover (including 7 commodities with an export turnover of over US$5 billion, accounting for 67.1%).
In terms of export commodity structure in the first four months of 2025, the group of fuel and mineral products reached US$1.03 billion, accounting for 0.7%; the group of processed industrial products reached US$123.71 billion, accounting for 88.2%; the group of agricultural and forestry products reached US$12.39 billion, accounting for 8.8%; and the group of aquatic products reached US$3.21 billion, accounting for 2.3%.
In the opposite direction, the import turnover of goods in April 2025 reached US$36.87 billion, equal to the import turnover of the previous month. In which, the domestic economic sector reached US$14.48 billion, up 3.6%; the foreign-invested sector reached US$22.39 billion, down 2.2%.
Compared to the same period last year, the import turnover of goods in April 2025 increased by 22.9%, in which the domestic economic sector increased by 26.0%, and the foreign-invested sector increased by 21.0%.
In the first four months of 2025, the import turnover of goods reached US$136.55 billion, up 18.6% over the same period last year, of which the domestic economic sector reached US$51.26 billion, up 21.1%; the foreign-invested sector reached US$85.29 billion, up 17.1%.
In the first four months of 2025, there were 25 imported commodities with a value of over US$1 billion, accounting for 84.2% of the total import turnover (including 2 commodities with an import turnover of over US$5 billion, accounting for 44.3%).
In terms of import commodity structure in the first four months of 2025, the group of production materials reached US$128.17 billion, accounting for 93.9%, of which machinery, equipment, tools, and spare parts accounted for 50.6%; and raw materials, auxiliaries, and fuels accounted for 43.3%. The group of consumer goods reached US$8.38 billion, accounting for 6.1%.
Regarding the import and export markets for goods in the first four months of 2025, the United States was Vietnam’s largest export market with a turnover of US$43.4 billion. China was Vietnam’s largest import market with a turnover of US$53.2 billion.
In the first four months of 2025, the surplus with the US market reached US$37.7 billion, up 24.9% over the same period last year; the surplus with the EU market reached US$13.4 billion, up 16.8%; the surplus with the Japanese market reached US$0.7 billion, nearly doubled compared to the same period in 2024; the deficit with the Chinese market was US$35.1 billion, up 44.2%; the deficit with the Korean market was US$9.6 billion, up 9.5%; and the deficit with the ASEAN market was US$5.4 billion, up 83.1%.
With the above preliminary data, the trade balance of goods in April 2025 had a surplus of US$0.58 billion. In the first four months of 2025, the trade balance of goods had a surplus of US$3.79 billion (in the same period last year, the surplus was US$9.06 billion). In which, the domestic economic sector had a deficit of US$10.52 billion, and the foreign-invested sector (including crude oil) had a surplus of US$14.31 billion.
Taking a Hard Line: Prime Minister Directs Police to Crack Down on Criminal Violations in Gold Trading
“At the regular Government meeting for April, held on May 6th, the Prime Minister directed the State Bank of Vietnam (SBV) to tighten control over the gold market to prevent smuggling, hoarding, and price manipulation. Emphasizing the importance of maintaining stability, the Prime Minister instructed the Ministry of Public Security to take firm action against any criminal offenses. Furthermore, relevant agencies were urged to promptly propose amendments to Decree 24 on gold trading to ensure a well-regulated and orderly gold market in Vietnam.”
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With the government’s synchronized policies to remove difficulties, support domestic production, promote trade, and expand export markets, Vietnam’s import and export activities have achieved positive results, maintaining a high growth rate and being one of the bright spots of the economy in 2024.
