Investments

“Vietnam Achieves a Surplus of Nearly $14 Billion in the First Eight Months of 2025”

According to the latest statistics released by the General Statistics Office, the total import and export turnover of goods in August reached an impressive $83.06 billion, marking a 0.9% increase from the previous month and a significant 16.0% surge compared to the same period last year. For the first eight months of 2025, the cumulative import and export turnover of goods stood at $597.93 billion, reflecting a robust 16.3% year-on-year growth. This growth was driven by a 14.8% increase in exports and an even more substantial 17.9% rise in imports. The trade balance recorded a surplus of $13.99 billion, indicating a thriving and dynamic economic landscape.

Administrator

8 September, 2025

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Vietnam’s Trade Import and Export Statistics for August 2025. Source: General Statistics Office

Export Statistics:

August 2025 witnessed a total export turnover of 43.39 billion USD, marking a 2.6% increase from the previous month. The domestic economic sector contributed 9.16 billion USD, a 2.4% rise, while the foreign-invested sector (including crude oil) accounted for 34.22 billion USD, a 2.6% increment. In comparison to August 2024, this month’s export turnover surged by 14.5%, with the domestic economic sector witnessing a decline of 17.1% and the foreign-invested sector experiencing a significant growth of 27.5%.

For the period of January to August 2025, the total export turnover reached 305.96 billion USD, reflecting a 14.8% increase compared to the same period last year. The domestic economic sector contributed 76.69 billion USD, a modest 3.2% increase, making up 25.1% of the total export turnover. Meanwhile, the foreign-invested sector (including crude oil) achieved 229.27 billion USD, a substantial 19.3% rise, accounting for 74.9% of the total.

During the first eight months of 2025, 29 commodity groups recorded an export turnover of over 1 billion USD each, collectively making up 92.1% of the total export turnover. Notably, seven commodity groups surpassed the 10-billion-USD mark, contributing to 67.8% of the total.

In terms of export commodity structure for the first eight months of 2025, the processing industry accounted for the lion’s share with 271.06 billion USD, or 88.6% of the total. This was followed by agricultural and forestry products at 25.92 billion USD (8.5%), aquatic products at 7.15 billion USD (2.3%), and fuel and mineral products at 1.83 billion USD (0.6%).

Import Statistics:

The import turnover for August 2025 stood at 39.67 billion USD, indicating a slight decrease of 0.8% from the previous month. The domestic economic sector’s import value was 10.76 billion USD, a 4.6% drop, while the foreign-invested sector’s import value increased by 0.7% to reach 28.91 billion USD. Compared to August 2024, this month’s import turnover surged by 17.7%, with the domestic economic sector witnessing an 11.3% decline and the foreign-invested sector experiencing a significant 34.0% increase.

For the period of January to August 2025, the total import turnover reached 291.97 billion USD, reflecting a 17.9% increase compared to the same period last year. The domestic economic sector accounted for 94.77 billion USD, a modest 5.3% rise, while the foreign-invested sector’s import value surged by 25.1% to reach 197.2 billion USD.

During the first eight months of 2025, 38 commodity groups recorded an import value of over 1 billion USD each, collectively making up 91.2% of the total import value. Notably, two commodity groups surpassed the 10-billion-USD mark, contributing to 46.2% of the total.

Regarding the import commodity structure for the first eight months of 2025, the production inputs group dominated with 273.91 billion USD, constituting 93.8% of the total. Within this group, machinery, equipment, tools, and spare parts accounted for 52.2%, while raw materials, fuels, and materials made up 41.6%. On the other hand, the consumer goods group accounted for 6.2% of the total, valued at 18.06 billion USD.

Major Export and Import Markets for the First Eight Months of 2025. Source: General Statistics Office

Major Export and Import Markets:

For the first eight months of 2025, the United States remained Vietnam’s largest export market, with a turnover of 99.1 billion USD. On the import side, China was the leading source of imports, with a turnover of 117.9 billion USD. During this period, Vietnam enjoyed a substantial trade surplus with the United States of 87.0 billion USD, a 26.8% increase compared to the same period last year. Additionally, Vietnam recorded a trade surplus of 25.6 billion USD with the EU, a 10.0% increase, and a surplus of 1.5 billion USD with Japan, a 9.3% decrease. However, the trade deficit with China widened to 75.9 billion USD, a 39.8% increase, while the deficit with the Republic of Korea reached 20.1 billion USD, a 0.7% increase, and the deficit with ASEAN countries stood at 9.4 billion USD, a significant 69.1% surge.

Preliminary data for August 2025 indicates a trade surplus of 3.72 billion USD. For the period of January to August 2025, Vietnam’s trade balance of goods recorded a surplus of 13.99 billion USD, compared to a surplus of 18.84 billion USD in the same period last year. The domestic economic sector experienced a deficit of 18.08 billion USD, while the foreign-invested sector (including crude oil) maintained a surplus of 32.07 billion USD.

Nhật Quang

– 09:45 06/09/2025