Conquering the Global Market: 8 Vietnamese Export Industries Surpassing $10 Billion USD

By May 11, 2025, the total import-export turnover of goods had reached a staggering $839.75 billion, shattering the previous record of over $786 billion set for the entire year of 2024.

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Vietnam’s export turnover reached a remarkable $430.14 billion, marking a 16.1% increase compared to the same period last year.

Notably, 36 products achieved a turnover of over $1 billion, with 8 products surpassing the $10 billion mark. This highlights the global success of Vietnamese goods, despite fluctuating import policies worldwide.

Leading the exports, computers, electronics, and components reached $96.9 billion, a 48.5% increase. Machinery, equipment, tools, and spare parts followed with $53.3 billion, up 11.6%. Phones and components reached $52.6 billion, a 4.8% rise.

Textiles and garments achieved $35.9 billion, up 6.7%, while footwear reached $21.9 billion, a 5.5% increase. Transport vehicles and parts hit $15.8 billion, up 13.4%, and wood and wooden products reached $15.5 billion, a 5.4% rise.

Seafood exports totaled $10.3 billion, a 12.6% increase.

8 products with over $10 billion in exports in 11 months. (Source: General Statistics Office/TTXVN)

What’s Needed to Maintain the Record in 2026?

The impressive export achievements in 2025 set the stage for 2026 but also bring significant pressure.

According to Tran Thanh Hai, Deputy Director of the Import-Export Department, Ministry of Industry and Trade, 2025 saw prominent trade policies, including the U.S. countervailing tariffs. Vietnamese businesses adapted and overcame challenges. In 2026, these policies will continue to impact trade, requiring businesses to stay vigilant and respond promptly.

Vietnamese exporters need a 2026 strategy. (Illustrative image)

Mr. Hai emphasizes that businesses should focus on long-term product quality to retain partners and sustain export results. Building a strong brand is equally crucial to maintain trust in both traditional and new markets.

“These two factors should be implemented simultaneously. While Vietnamese businesses focus on quality, branding often remains underprioritized,” Mr. Hai noted.

Additionally, the green transition is essential. Global markets increasingly value sustainability. In 2026, the EU will implement the CBAM environmental tax on products like steel and aluminum, making green adaptation and emission reduction mandatory, especially for industries like steel and cement.

Vu Ba Phu, Director of the Trade Promotion Agency, agrees. The national trade promotion plan will focus on five strategic directions: promoting product clusters, fostering green transition, developing a digital trade ecosystem, creating a national export identity, and implementing the “Go Global” program.

Vietnam will shift from individual to cluster-based promotion, strengthening the national brand. Green transition and sustainability will be prioritized, ensuring cleaner production and low-emission logistics.

A digital trade ecosystem will leverage Big Data and AI for accurate decision-making. A unified national export identity will enhance Vietnam’s global image.

The “Go Global” program will select leading enterprises to drive satellite businesses into global markets.

From 2026-2027, Vietnam will refine policies and create an internationalized environment. By 2028-2030, tools will support businesses in global expansion. From 2031-2035, Vietnamese businesses will integrate successfully into global value chains, supported by an effective institutional framework.

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