According to the Customs Authority, in the first half of November alone, the total import-export turnover reached $38.3 billion. Of this, exports accounted for $19.25 billion, with significant contributions from key product groups: computers, electronic products, and components ($4.8 billion); machinery, equipment, tools, and spare parts ($2.36 billion); phones and components ($2.16 billion); textiles ($1.39 billion); and footwear surpassing $1 billion. These sectors represent a substantial portion of Vietnam’s export structure, reflecting the expansion of production in the manufacturing and processing industries.
Conversely, imports during the same period reached $19.1 billion. Two groups with turnover exceeding $1 billion were computers, electronic products, and components ($6.62 billion); and machinery, equipment, tools, and spare parts ($2.59 billion). This trend indicates a sustained high demand for raw materials, components, and equipment to support production, laying a solid foundation for export growth in the final months of the year.
From the beginning of the year to November 15, the total import-export turnover exceeded $800 billion. Exports reached $410.28 billion, while imports stood at $390.74 billion. The trade surplus of $19.5 billion supports macroeconomic stability, reduces pressure on exchange rates, and strengthens the economy’s resilience amid global trade fluctuations.
Vietnam’s import-export turnover is projected to reach $900 billion this year.
These figures highlight Vietnam’s robust trade recovery in both scale and pace. The Customs Authority attributes export growth to three key factors. The manufacturing and processing industries remain the primary drivers, with electronics, phones, machinery, and components dominating the export structure. These sectors benefit from the global supply chain shift.
Vietnamese businesses have effectively leveraged existing Free Trade Agreements (FTAs), particularly with Europe, Japan, South Korea, and ASEAN, to maintain market share in a highly competitive global environment. Additionally, the increased demand for raw material imports reflects the expanding domestic production capacity, further fueling export growth in the coming months.
The Customs Authority also notes that the growth rate of production material imports is a positive indicator for export prospects, especially as many companies have begun implementing production plans for 2026 orders in Q4 of this year.
With these achievements, the prospect of reaching a $900 billion import-export turnover this year is more promising than ever.
Previously, the Ministry of Industry and Trade predicted that if major markets maintain their recovery and domestic businesses capitalize on year-end orders, the 2025 import-export turnover could not only surpass $800 billion but also approach $900 billion.
Achieving this goal would mark a historic milestone for Vietnam’s trade, surpassing $800 billion and nearing $900 billion in a single year, solidifying Vietnam’s growing prominence in the global supply chain and trade landscape.
Surpassing 10% Growth: The Ultimate Test of Resilience and Innovation
With the National Assembly’s approval of a 10% or higher GDP growth target for 2026, Vietnam is not merely setting a statistical benchmark but igniting a transformative journey. This ambitious goal hinges on the intrinsic dynamism of businesses, the prowess of governance, and the spirit of innovation and creativity that will define its success.
Vietnam: Asia’s Unrivaled Mastery Post-Singapore, Praised by EuroCham Chairman
Recently, Mr. Bruno Jaspert, Chairman of EuroCham, delivered a keynote address at the Swiss-Vietnamese Economic Forum 2025 (SVEF 2025), which opened in Da Nang. The event was jointly organized by the Da Nang People’s Committee, the Embassy of Switzerland in Vietnam, and the Swiss-Vietnamese Economic Forum (SVEF).
Vietnam’s 10-Month Export Surpasses $390 Billion
The United States remains Vietnam’s largest export market, boasting a remarkable trade value exceeding $126 billion.
Vietnam Records $19.56 Billion Trade Surplus in First 10 Months of 2025
In October, the total import-export turnover of goods reached $81.49 billion, a 1.2% decrease from the previous month but a 17.2% increase compared to the same period last year. For the first ten months of 2025, the total import-export turnover of goods amounted to $762.44 billion, marking a 17.4% rise year-over-year. Specifically, exports grew by 16.2%, while imports increased by 18.6%. The trade balance recorded a surplus of $19.56 billion.
EuroCham Chairman: Vietnam Poised to Join the Top 15 Global Economies
Vietnam stands at a unique crossroads, poised for unprecedented growth. With an extensive network of Free Trade Agreements (FTAs), a rapidly expanding manufacturing capacity, and an economy renowned for its resilience, the country is primed to surge ahead. As the Chairman of EuroCham observes, these factors collectively position Vietnam as a formidable player in the global arena, ready to capitalize on its strengths and chart a course toward remarkable advancement.
