In the initial three quarters of 2025, Vietnam’s total import-export turnover reached a staggering $680.66 billion, which signifies a 17.3% increase in comparison to the same period in the previous year.
Exponential Export Growth
The National Statistics Office released data revealing export figures of $348.74 billion during this period, marking an impressive 16% year-on-year rise. The domestic economic sector contributed 24.5%, or $85.41 billion, to the total sum, reflecting a modest 2% annual increase. Meanwhile, the foreign-invested sector, including crude oil, made a more substantial contribution of $263.33 billion, posting a robust 21.4% year-on-year surge.
A breakdown of the export data shows 32 items with exports surpassing the $1 billion threshold, accounting for 93.1% of the total export turnover. Notably, seven of these items exceeded a hefty $10 billion each.
Category Analysis
Further analysis by category illuminates that manufactured industrial products led the pack, generating $309.03 billion or 88.6% of the total exports. Following this were agro-forestry products, with earnings of $29.51 billion, equivalent to 8.5% of the total. Aquatic products and fuels and minerals contributed $8.17 billion (2.3%) and $2.03 billion (0.6%) respectively.
Import Increase
On the other side of the trade coin, imports amounted to $331.92 billion during the same period, reflecting a significant 18.8% increase from the prior year. The domestic sector accounted for $105.67 billion of this total, up 4.6%, while an impressive $226.25 billion, up 26.8%, was attributed to the foreign-invested sector.
In terms of individual items, 43 surpassed the $1 billion mark, contributing to 92.9% of the total import value. Among these, three items went beyond $10 billion.
Examining imports by category, production inputs formed the vast majority, accounting for $311.22 billion or 93.8%. The remaining $20.7 billion comprised consumer goods.
Trade Surplus and Services Trade
Vietnam registered a trade surplus of $16.82 billion in the first nine months of 2025, according to the National Statistics Office.
Simultaneously, service exports and imports were estimated at $21.99 billion and $30.29 billion respectively, marking a 19.1% and 16.3% increase year-on-year. This resulted in a service trade deficit of $8.3 billion for the period.
Questions & Answers
What was the total import-export turnover for Vietnam in the first nine months of 2025?
The total import-export turnover for Vietnam during this period was $680.66 billion.
What sector made the most substantial contribution to Vietnam’s exports in this timeframe?
The foreign-invested sector made the most significant contribution, accounting for $263.33 billion of the total exports.
How much was Vietnam’s trade surplus in the first nine months of 2025?
Vietnam recorded a trade surplus of $16.82 billion in the first nine months of 2025.