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According to data from the General Department of Customs, in the first 10 months of 2025, Vietnam’s exports to the United States surpassed $126 billion, marking an all-time high and a 28% increase compared to the same period in 2024. This cements the U.S. as Vietnam’s largest export market, accounting for over 30% of total export turnover and driving trade prospects for 2026.
In other key markets, Vietnam’s exports to China reached $56.98 billion (up 13.9%), the EU $46.5 billion (up 8.3%), ASEAN $31.79 billion (up 3.1%), South Korea $23.84 billion (up 12%), Japan $22.03 billion (up 8.8%), and Hong Kong (China) $14.33 billion (up 38.6%). These figures highlight the U.S. as the standout growth driver, while other markets maintain steady expansion.
Behind the record-breaking export figures between Vietnam and the U.S. is the widespread growth across key product categories. The manufacturing and processing sector remains the spearhead, particularly in electronics, machinery, and technology. Notably, computers, electronics, and components surged to over $34 billion, a nearly 78% increase year-on-year—the highest in a decade—driven by demand for AI servers, tech devices, and semiconductor components.
Additionally, machinery and equipment exports reached $19.6 billion (up 9.2%), while phones and components saw a slight uptick to $9.02 billion after two stagnant years. The traditional textile and garment sector rebounded to $14.81 billion (up 11.4%).
Notably, Vietnam’s exports to the U.S. saw a remarkable surge in toys and sports equipment, jumping from $1.47 billion to $5.24 billion (up 255%) as many U.S. businesses shifted orders away from China.
Consumer goods like wood and wood products also performed well, reaching $7.8 billion (up 6%), while transport vehicles and parts grew nearly 11% year-on-year.
The agriculture and aquaculture sector also saw significant growth, with vegetables up 58.5%, coffee up over 60% due to high global prices, and rubber products up 51%. After a deep decline, seafood exports rebounded 7.5% as U.S. inventory dropped and demand for premium products revived.
Notably, preliminary customs data as of November 15 shows Vietnam’s coffee exports reaching nearly 1.35 million tons, valued at $7.64 billion—a 15.4% increase in volume and a 62.6% rise in value. With over a month left in 2025, Vietnam’s coffee exports have already surpassed the 2024 record of $5.62 billion.
Many Vietnamese industries poised for continued growth in 2026
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Experts attribute this year’s positive export performance to a significant shift in global supply chains. As U.S. inflation cools, interest rates stabilize, and inventory cycles near completion, American importers are resuming new orders. Additionally, U.S. businesses’ trend of reducing reliance on China has bolstered Vietnam’s position in electronics, machinery, toys, textiles, and light industries.
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