The Ministry of Industry and Trade has set a target of 10-12% in export-import value growth in 2025 compared to 2024, with trade surplus projected to record over $20 billion.

Total import-export turnover in 2024 is estimated to top $783.4 billion, up 15% against 2023. Of which, export revenue reached $403.7 billion, surging 13.8% year-on-year.

There were 36 items with export turnover of over $1 billion each, accounting for 94.1% of the total export value (seven of which surpassed $10 billion each, accounting for 66.5% of the total).

Most of export markets witnessed positive growth, including ASEAN, EU, South Korea, the US and Hong Kong (China). Particularly, exports to Vietnam’s Free Trade Agreement (FTA) partners gained high growth.