Vietnam's exports to the Singaporean market in the first two months of this year reached over SGD1.54 billion ($1.15 billion), a 23.21% increase compared to the same period last year.
From 2021 to 2024, Vietnam's trade deficit has narrowed significantly due to higher export growth compared to import growth, particularly in 2023 and 2024.
Their total import-export turnover with Vietnam is estimated to reach $519.7 billion, accounting for 66.3% of Vietnam's total import-export turnover with the world.