Vietnam’s Trade Turnover Surges Past $680 Billion in Nine Months
In the first nine months of 2025, Vietnam’s total import-export turnover reached an impressive $680.66 billion, marking a 17.3% increase compared to the same period last year. This surge reflects robust economic activity and a rebound in trade amidst global uncertainties, with both exports and imports contributing to this upward trend.
Export Highlights
Exports during this period amounted to $348.74 billion, representing a 16% increase year-on-year. Notably, the domestic economic sector played a vital role, contributing 24.5%, or $85.41 billion. This segment saw a modest annual rise of 2%.
The foreign-invested sector was significantly more dynamic, accounting for $263.33 billion in exports, which reflects a substantial increase of 21.4%. The statistics reveal that 32 items surpassed the $1 billion export threshold, together accounting for an astounding 93.1% of the total export turnover. Among these, seven items exceeded $10 billion each, highlighting the strength of Vietnam’s manufacturing and economic foundation.
When breaking down exports by category, manufactured industrial products dominated the landscape, generating $309.03 billion, or 88.6% of total exports. Additionally, agro-forestry products earned $29.51 billion (8.5%), while aquatic products contributed $8.17 billion (2.3%). Fuels and minerals, while less significant, still added $2.03 billion (0.6%) to the total.
Import Dynamics
On the import side, Vietnam’s total imports reached $331.92 billion during the same timeframe, marking an 18.8% rise from last year. Here, the domestic sector accounted for $105.67 billion, which is an increase of 4.6%, while the foreign-invested sector surged to $226.25 billion, representing a dramatic increase of 26.8%.
The data revealed that 43 items crossed the $1 billion barrier in imports, which is indicative of the country’s increasing reliance on foreign goods. These items combined made up 92.9% of the total import value, with three specific imports exceeding $10 billion each.
The import categories show a clear trend towards production inputs, which comprised a staggering $311.22 billion, or 93.8%, of all imports. This further accentuates Vietnam’s position within global supply chains, as the economy gears up for manufacturing and export growth. Consumer goods, on the other hand, accounted for the remaining $20.7 billion.
Trade Surplus and Service Trade
Vietnam has managed to achieve a trade surplus of $16.82 billion in the first nine months of 2025, showcasing the nation’s favorable trade position. This statistic is especially noteworthy as it underscores the balance between exports and imports, revealing a healthy economic climate.
Service exports and imports during this period were also on the rise, with service exports estimated at $21.99 billion and imports at $30.29 billion. These figures indicate growth rates of 19.1% and 16.3% year-on-year, respectively. However, this upswing in services also resulted in a service trade deficit of $8.3 billion for the same timeframe.
Conclusion
As Vietnam continues to chart its path in the global trade arena, the significant growth in both imports and exports could be considered a testament to the resilience and dynamism of its economy. The figures not only highlight the country’s increasing integration into global supply chains but also the vital role of both domestic and foreign investment sectors in pushing trade to new heights.