Insight News

Vietnam’s trade turnover expected to reach $900B in 2025

Published on 14.10.25

Vietnam’s import-export turnover is expected to hit the US$900 billion milestone this year, according to the Ministry of Industry and Trade.Foreign trade remained a bright spot of the economy in the first nine months of 2025, with total turnover reaching $680.6 billion, up 17.3% year-on-year, the ministry said at a regular press conference in Hanoi in 9 October 2025.

Bui Huy Son, General Director of the MoIT’s Department of Planning, Finance and Enterprise Management, reported that in the third quarter, exports rose by 18.4% from a year ago and 9.6% from the second quarter, reaching $128.57 billion.

Over the first nine months, exports totaled $348.74 billion, up 16% over the same period last year and far exceeding the 12% target set for the whole year.

Exports of 32 items topped $1 billion each during the period, accounting for 93.1% of total exports, including seven items exceeding $10 billion. The U.S., China, the EU, ASEAN, and Japan remained the key export markets.

The processed industrial sector contributed most to Vietnam’s export growth, with earnings reaching $297.2 billion in the period, up 16.7% year-on-year and accounting for 85.2% of total exports.

Agricultural exports were estimated at $33.2 billion, up 15.2% and representing 9.5% of total exports.

Vietnam sepnt nearly $332 billion on imports in the first three quarters, up 18.8% year-on-year. The domestic sector accounted for $105.67 billion (up 4.6%), while the foreign-invested sector contributed $226.25 billion (up 26.8%).

China remained the largest supplier at $134.4 billion, a 27.9% increase, followed by South Korea ($44.4 billion, up 7%), ASEAN ($39.1 billion, up 14.5%), Japan ($18.2 billion, up 13.2%) and the U.S. ($13.7 billion, up 23.6%).

According to the ministry, Vietnam recorded a trade surplus of $16.8 billion in the first nine months, an important contribution to macroeconomic stability and foreign exchange reserves.

Source: Vnexpress
09/10/2025

Team Marketing

Copy link

News

Exports to US rise by 27%
14/10/2025

Vietnam exported US$112 billion worth of goods to the U.S. in the first nine months of 2025, up nearly 27% year-on-year despite the recent tariffs and the volatile global economy. Shipments of machinery, equipment, tools, and parts increased by 30% to $14 billion, according to the General Department of Customs. Textile and garment exports were […]

Vietnam’s FDI disbursement highest in five years
14/10/2025

Vietnam’s disbursement of foreign direct investment (FDI) in January – September recorded its highest level in five years, reaching $18.8 billion, a year-on-year increase of 8.5%. Breaking down the figure, $15.56 billion was disbursed in manufacturing and processing, $1.37 billion in the realty market, and $598.7 million in electricity, gas, steam, and air conditioning production […]

Vietnam’s trade turnover expected to reach $900B in 2025
14/10/2025

Vietnam’s import-export turnover is expected to hit the US$900 billion milestone this year, according to the Ministry of Industry and Trade.Foreign trade remained a bright spot of the economy in the first nine months of 2025, with total turnover reaching $680.6 billion, up 17.3% year-on-year, the ministry said at a regular press conference in Hanoi […]

US supplants China as Vietnam’s largest coconut market
04/10/2025

The U.S. has surpassed China as Vietnam’s largest coconut export market, buying US$82 million worth of the fruit in the first seven months of this year, 100% up year-on-year. It accounted for 27% of Vietnam’s $306 million exports, a 40% increase, according to official data. Exporters attributed the jump to strong demand from retail chains […]