Vietnam’s Import-Export Turnover for the First Ten Months of 2025. Source: General Statistics Office
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Export of Goods
In October, the export turnover of goods reached $42.05 billion, a 1.5% decrease compared to the previous month. Domestic economic sector exports amounted to $8.6 billion, down 0.7%, while foreign-invested sector exports (including crude oil) reached $33.45 billion, down 1.7%. Year-over-year, October’s export turnover increased by 17.5%, with domestic sector exports declining by 17.4% and foreign-invested sector exports (including crude oil) rising by 31.8%.
For the first ten months of 2025, the total export turnover reached $391.0 billion, a 16.2% increase compared to the same period last year. Domestic sector exports stood at $94.17 billion, unchanged from the previous month, accounting for 24.1% of total exports. Foreign-invested sector exports (including crude oil) reached $296.83 billion, up 22.5%, accounting for 75.9%.
During the first ten months of 2025, 36 goods categories achieved export turnovers exceeding $1 billion, contributing 94.1% to the total export turnover (7 categories surpassed $10 billion, contributing 67.9%).
In terms of export structure for the first ten months of 2025, processed industrial goods reached $346.73 billion, accounting for 88.7%; agricultural and forestry products reached $32.62 billion, accounting for 8.3%; seafood reached $9.33 billion, accounting for 2.4%; and fuel and minerals reached $2.32 billion, accounting for 0.6%.
Import of Goods
In October, the import turnover of goods reached $39.45 billion, a 1.0% decrease compared to the previous month. Domestic sector imports amounted to $11.38 billion, up 4.2%, while foreign-invested sector imports reached $28.07 billion, down 2.9%. Year-over-year, October’s import turnover increased by 16.8%, with domestic sector imports declining by 11.0% and foreign-invested sector imports rising by 33.8%.
For the first ten months of 2025, the total import turnover reached $371.44 billion, an 18.6% increase compared to the same period last year. Domestic sector imports stood at $117.0 billion, up 2.8%, while foreign-invested sector imports reached $254.44 billion, up 27.6%.
During the first ten months of 2025, 47 goods categories achieved import values exceeding $1 billion, contributing 93.9% to the total import turnover (4 categories surpassed $10 billion, contributing 52.7%).
In terms of import structure for the first ten months of 2025, production materials reached $348.23 billion, accounting for 93.8%, with machinery, equipment, and accessories contributing 52.6%, and raw materials contributing 41.2%. Consumer goods reached $23.21 billion, accounting for 6.2%.
Regarding the import-export markets for the first ten months of 2025, the United States was Vietnam’s largest export market with a turnover of $126.2 billion. China was Vietnam’s largest import market with a turnover of $150.9 billion. In the first ten months of 2025, Vietnam recorded a trade surplus of $111.0 billion with the United States, up 28.2% year-over-year; a surplus of $32.2 billion with the EU, up 11.2%; and a surplus of $1.6 billion with Japan, down 29.8%. Vietnam had a trade deficit of $93.9 billion with China, up 38.6%; $25.6 billion with South Korea, up 1.6%; and $11.6 billion with ASEAN, up 55.9%.
According to preliminary data, the trade balance in September showed a surplus of $2.85 billion; nine months showed a surplus of $16.96 billion; and October showed a surplus of $2.6 billion. For the first ten months of 2025, the trade balance recorded a surplus of $19.56 billion (compared to a surplus of $23.18 billion in the same period last year). The domestic sector had a trade deficit of $22.83 billion, while the foreign-invested sector (including crude oil) had a surplus of $42.39 billion.
– 09:30 06/11/2025
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