According to the Ministry of Industry and Trade, among the 32 commodities with export turnover exceeding $1 billion, 7 have surpassed $10 billion, showcasing remarkable growth and cementing their pivotal role in Vietnam’s export landscape.
Key export sectors surpassing $10 billion. (General Statistics Office, VNA)
Leading the charge is the electronics, computers, and components sector, which reached $77.4 billion, a robust 45.9% increase year-on-year, reflecting strong demand from major markets and expanded production by FDI corporations.
Following closely, mobile phones and components achieved $43.592 billion, a 4.1% rise compared to the first nine months of 2024.
Machinery, equipment, tools, and spare parts reached $42.9 billion, up 13.5%.
In the consumer goods category, textiles and garments hit $29.7 billion, an 8.6% increase.
Footwear continued to solidify Vietnam’s global market position with $17.9 billion, growing by 7.4%.
Additionally, transport vehicles and parts saw double-digit growth, rising 13.3% to $12.7 billion.
Wood and wood products also reached nearly $12.5 billion, up 6.8%.
The Ministry of Industry and Trade attributes this export growth not only to key sectors but also to favorable factors such as increased demand in major markets, the government’s flexible policies to stabilize exchange rates, control logistics costs, and boost domestic production.
Furthermore, market and supply chain diversification have helped Vietnamese products maintain competitiveness, especially as major economies adjust trade policies and revive production.
The outlook for the final months of 2025 remains positive, as Vietnamese businesses proactively seize opportunities from free trade agreements and regional order shifts.
According to the General Statistics Office, in Q4/2025, business confidence is strengthening, with 32.3% of enterprises expecting new export orders, 51.2% anticipating stability, and only 16.5% forecasting a decline. Exports are likely to remain a key driver of Vietnam’s economic growth in 2025.
Given current trends, barring unforeseen disruptions, total import-export turnover for the year is projected to reach a new milestone of approximately $900 billion.
In Q3 2025, export turnover reached $128.57 billion, up 18.4% year-on-year and 9.6% from Q2. Over nine months, exports totaled $348.74 billion, a 16% increase, surpassing the annual 12% growth target.
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