Vietnam’s total import-export turnover reached approximately $47.72 billion in the first half of May 2026, up 0.75% from the first half of April, according to preliminary data from Vietnam Customs.
Cumulatively, from the beginning of the year to mid-May, the country’s total trade value climbed to $394.11 billion, marking a strong 25.75% increase compared to the same period in 2025.
However, exports in the May 1–15 period declined 2.52% month-on-month to $21.01 billion, reflecting a short-term adjustment as weaker performance in several major sectors offset gains in others.
Manufacturing and processing industries remained the backbone of Vietnam’s exports, with high-tech products continuing to show resilience. Exports of computers, electronic products, and components rose 3.84% to $6.03 billion, while shipments of phones and accessories edged up 0.72% to $2.18 billion. Textile and garment exports also increased 1.22%.
In contrast, exports of machinery, equipment, and spare parts fell 8.78%, making them a key drag on overall export growth.
In the first half of May, foreign-invested enterprises (FDI) continued to dominate exports, generating $16.8 billion, or nearly 80% of total export value, despite a 3.79% decline from the previous period.
Meanwhile, imports rose 3.48% to $26.71 billion, driven largely by the FDI sector, whose import turnover reached $19.96 billion, up 7.25%. The increase reflects expanding production activity within global supply chains rather than stronger domestic demand.
Google translate