Vietnam’s total foreign trade value this year reached $718.85 billion as of October 15, posting a trade surplus of $17.14 billion, according to Vietnam Customs.
Of the total, export revenue amounted to $368.13 billion, up 16.14% year-on-year. In the first half of October alone, exports were valued at $19.34 billion. Four commodity groups recorded export turnover of over $1 billion each, including computers, electronic products and components ($4.39 billion); machinery, equipment, tools and spare parts ($2.42 billion); telephones and components ($2.4 billion); and textiles and garments ($1.49 billion).
Meanwhile, imports were estimated at $350.72 billion, an increase of 18.67% compared to the same period last year.
With the current growth momentum, Vietnam Customs forecasts that Vietnam’s total foreign trade value could exceed $900 billion by the end of 2025.
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