Import and export reached $839.75 billion in 11M, surpassing the record in 2024

According to the National Office of Statistics (the Ministry of Finance), the country's total import and export turnover in 11 months of 2025 reached $839.75 billion, surpassing the record of $786.29 billion for the whole year 2024, with exports increasing by 16.1 per cent and imports by 18.4 per cent.

In the period, export turnover reached $430.14 billion, up 16.1 per cent year-on-year. Of which, the domestic economic sector recorded $102.41 billion, representing a decrease of 1.7 per cent, and accounting for 23.8 per cent of the total; while the foreign-invested sector (including crude oil) recorded $327.73 billion, representing a year-on-year increase of 23.1 % and accounting for 76.2% of the total.

There were 36 commodities achieving export turnover of over $1 billion each, accounting for 94.1 per cent of total export turnover, including 8 commodities exceeding $10 billion each, accounting for 70.3 per cent.

On the import side, for the first 11 months of 2025, import turnover reached $409.61 billion, up 18.4 per cent from the same period last year, with the domestic economic sector contributing $128.4 billion, an increase of 1.7 per cent, and the foreign-invested sector contributing $281.21 billion, an increase of 28 per cent.

During this period, 47 commodities achieved import turnover of over $1 billion each, accounting for 93.9 per cent of total import turnover, including 6 commodities exceeding $10 billion each, accounting for 57.7 per cent. 

Regarding the import and export markets in the first 11 months of 2025, the US remained Vietnam's largest export market with a turnover of $138.6 billion, while China was its largest import market with a turnover of $167.5 billion. 

The trade balance for the first 11 months of 2025 showed a surplus of $20.53 billion, compared to a surplus of $24.38 billion in the same period last year. The domestic economic sector experienced a trade deficit of $25.99 billion, while the foreign-invested sector (including crude oil) achieved a trade surplus of $46.52 billion.