Two-way trade turnover between Vietnam and Singapore in the first 11 months of 2025 reached nearly SGD36 billion ($27.89 billion), marking the highest bilateral trade value ever recorded between the two economies, according to the Vietnam Trade Office in Singapore.
The figure represents a 25.7% increase, compared the 11-month period of last year, and 13.56% higher than the total trade value recorded for the whole of 2024, which stood at SGD31.67 billion.
Of the total, Singapore’s exports to Vietnam reached SGD24.5 billion, up 17.7%, while imports from Vietnam rose 47.2% to SGD11.5 billion.
Machinery and electrical equipment and parts, along with mineral fuels, oils and related products, remained Singapore’s two largest export groups to Vietnam, with a combined value of SGD16.5 billion, accounting for 67.5% of total exports.
On the import side, machinery and electrical equipment also led Singapore’s imports from Vietnam, reaching nearly SGD5.9 billion, more than doubling year-on-year.
Vietnam remained Singapore’s 10th largest trading partner during the period.
Google translate