Vietnam’s General Statistics Office (under the Ministry of Finance) has released data on the country’s import-export performance. In November, the total trade turnover reached USD 77.05 billion, a 5.4% decrease from the previous month but a 15.6% increase compared to the same period in 2024.
Exports in November stood at USD 39.07 billion, down 7.1% month-on-month but up 15.1% year-on-year. Imports reached USD 37.98 billion, a 3.7% decline from October. For the first 11 months, exports totaled USD 430.14 billion, a 16.1% increase, while imports were USD 409.61 billion, up 18.4%.
From January to November 2025, the total trade turnover hit USD 839.75 billion, a 17.2% surge compared to the same period in 2024, with exports rising 16.1% and imports 18.4%. This officially surpasses the 2024 full-year record of USD 786.29 billion.
Over the 11 months, Vietnam recorded a trade surplus of USD 20.53 billion. The domestic sector had a trade deficit of USD 25.99 billion, while the foreign-invested sector (including crude oil) achieved a surplus of USD 46.52 billion.
Thirty-six export items exceeded USD 1 billion, accounting for 94.1% of total exports. Notably, eight products surpassed USD 10 billion, making up 70.3% of total exports.
During this period, Vietnam’s imports focused on production materials, totaling USD 383.96 billion (93.7% of total imports). Machinery, equipment, tools, and spare parts led with 52.7%, followed by raw materials and fuel at 41.0%. Consumer goods reached USD 25.65 billion (6.3% of total imports).
Forty-seven import items exceeded USD 1 billion, representing 93.9% of total imports. Six products surpassed USD 10 billion, accounting for 57.7% of total imports.
The United States remained Vietnam’s largest export market, with a turnover of USD 138.6 billion. Vietnam’s trade surplus with the U.S. reached USD 121.6 billion, a 27.5% increase year-on-year.
Conversely, China was the largest import market, with imports valued at USD 167.5 billion. The trade deficit with China was USD 104.3 billion, up 38.1% from the previous year.
Alongside thriving trade figures figures figures, several domestic economic indicators also showed positive trends.
Foreign direct investment in the first 11 months reached approximately USD 33.6 billion, a 7.4% increase compared to the same period last year. This figure includes new registrations capital, adjusted capital, and the value of foreign contributions.
Vietnam welcomed nearly 19.2 million international visitors, breaking all previous record. China remained the largest group of visitors, with nearly 4.8 million arrivals, accountinging for nearly 40% of total international tourists.
Additionally, total state revenue collection for the first 11 month reach nearly 2.4 million billion, a 30.9% increase compared to the same period last year and equating to 121.9% of the annual estimate.
Furthermore, in the first 11 month, nearly 178,000 new businesses were newly established, with a total registered capital of approximately 1,753 trillion and approximately 1 million registered labor, marking a 20.9% increase in the number of enterprise, a 20.9% rise in registered capital, and a 16% rise in labor.
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