According to the latest data released by the General Statistics Office (Ministry of Finance) on the morning of June 6, 2025, the total import and export turnover of goods in May 2025 reached US$78.64 billion, up 5.8% compared to the previous month and up 15.5% over the same period last year.
Accumulated in the first five months of 2025, the total import and export turnover of goods reached US$355.79 billion, up 15.7% over the same period last year, of which exports increased by 14.0% and imports increased by 17.5%.
In more detail, the export turnover of goods in May 2025 reached US$39.6 billion, up 5.7% compared to the previous month. Specifically, the domestic economic sector reached US$8.61 billion, down 26.1%; the foreign-invested sector (including crude oil) reached US$30.99 billion, up 20.1%.
Compared to the same period last year, the export turnover of goods in May 2025 increased by 17.0%, in which the domestic economic sector decreased by 10.1%, and the foreign-invested sector (including crude oil) increased by 27.7%.
In the first five months of 2025, export turnover of goods reached US$180.23 billion, up 14.0% over the same period last year. Specifically, the domestic economic sector reached US$49.62 billion, up 12.5%, accounting for 27.5% of total export turnover; the foreign-invested sector (including crude oil) reached US$130.61 billion, up 14.5%, accounting for 72.5%.
In the first five months of 2025, there were 25 commodity groups with an export turnover of over US$1 billion, accounting for 90.0% of the total export turnover (including 7 groups of goods with an export turnover of over US$5 billion, accounting for 67.3%).
In terms of export commodity structure in the first five months of 2025, the processing industry reached US$158.93 billion, accounting for 88.2%; agricultural and forestry products reached US$15.88 billion, accounting for 8.8%; aquatic products reached US$4.21 billion, accounting for 2.3%; fuels and minerals reached US$1.21 billion, accounting for 0.7%.
In the opposite direction, the import turnover of goods in May 2025 reached US$39.04 billion, up 5.9% compared to the previous month. In particular, the domestic economic sector reached US$10.86 billion, down 25.0%; the foreign-invested sector reached US$28.19 billion, up 25.9%.
Compared to the same period last year, the import turnover of goods in May increased by 14.1%, in which the domestic economic sector decreased by 13.8%, and the foreign-invested sector increased by 30.4%.
Accumulated in the first five months of 2025, the import turnover of goods reached US$175.56 billion, up 17.5% over the same period last year, of which the domestic economic sector reached US$62.04 billion, up 12.9%; the foreign-invested sector reached US$113.52 billion, up 20.2%.
In the first five months of 2025, there were 29 groups of imported goods with a value of over US$1 billion, accounting for 86.9% of the total import turnover (including 4 groups of goods with an import turnover of over US$5 billion, accounting for 51.6%).
In terms of import commodity structure in the first five months of 2025, the group of production materials reached US$164.75 billion, accounting for 93.8%, of which the group of machinery, equipment, tools, and spare parts accounted for 51.2%; the group of raw materials, fuels, and materials accounted for 42.6%.
The group of consumer goods reached US$10.81 billion, accounting for 6.2%. In terms of export and import markets for goods in the first five months of 2025, the United States was Vietnam’s largest export market, with a turnover of US$57.2 billion. China was Vietnam’s largest import market, with a turnover of US$69.4 billion.
In the first five months of 2025, the surplus with the US market reached US$49.9 billion, up 28.5% over the same period last year; the surplus with the EU market reached US$16.3 billion, up 16.0%; the surplus with the Japanese market reached US$0.9 billion, up 74.8%; the deficit with the Chinese market was US$45.9 billion, up 40.3%; the deficit with the Korean market was US$12.3 billion, up 5.7%; and the deficit with the ASEAN market was US$6.5 billion, up 66.3%.
With the above results, in May 2025, there was a trade surplus of US$0.56 billion. Accumulated in the first five months of 2025, the trade balance of goods had a surplus of US$4.67 billion (in the same period last year, there was a surplus of US$8.71 billion). In particular, the domestic economic sector had a deficit of US$12.42 billion; the foreign-invested sector (including crude oil) had a surplus of US$17.09 billion.
The Wild Leaf of Vietnam: Unassuming Herb Becomes a Global Sensation with a 300% Export Surge, a Rare Medicinal Treasure Few Nations Can Boast.
This particular leaf is a treasure trove of health benefits, offering a myriad of surprising advantages.
The World’s Top Lender: Unveiling the Surprising Nation Surpassing Japan, China, and the US.
For the first time in 34 years, Japan has been dethroned.
Dragon Capital: Resolution 68 Boosts Private Sector Amid Global Turbulence
Dragon Capital applauds Resolution 68, which presents a comprehensive policy framework. The resolution underscores a commitment to decriminalizing civil and economic offenses while strengthening property rights. These pivotal aspects are instrumental in fostering business confidence and spurring investment.
“KIS Research: April Macro View – Economic Resilience Amid Looming Challenges”
“Vietnam’s macroeconomic landscape remained positive in April, according to KIS Securities. However, early signs of a slowdown are emerging amid concerns over global tariffs. The country’s economic momentum is showing tentative signs of softening, with potential headwinds on the horizon.”
A Major Breakthrough: US-China Trade Talks
The U.S. and China concluded a significant round of trade talks on Sunday (May 11), offering optimistic statements that brought a sense of relief to the global economy.
