Insight News

Vietnam import export value hits record USD 445 billion

Published on 11.06.26

Vietnam import export maintains a strong momentum in the first five months of 2026,  with total trade turnover exceeding USD 445 billion for the first time in history. The milestone highlights the country’s growing role in global supply chains and reinforces its position as one of Asia’s leading manufacturing and trading hubs.

According to Official Statistics, total import and export turnover reached USD 445.12 billion, up 25% compared to the same period last year. Exports accounted for USD 215.66 billion, while imports reached USD 229.46 billion.

Key Export Sectors Drive Growth

Vietnam’s export performance was supported by several major industries. Electronics, computers, and components remained the largest export category, generating more than USD 56 billion. Machinery and equipment followed with nearly USD 27 billion, while phones and components contributed over USD 26 billion.

Traditional export sectors also maintained a strong performance. Textiles and garments exceeded USD 15 billion, footwear approached USD 10 billion, and wood products generated more than USD 7 billion.

These industries continue to strengthen Vietnam’s position in international trade and support the expansion of the country’s manufacturing sector.

Rising Imports Reflect Expanding Production

While exports continued to grow, imports increased even faster during the same period.

The surge was mainly driven by higher demand for raw materials, machinery, equipment, and production components. Imports of electronics and components reached over USD 88 billion, reflecting strong manufacturing activity across multiple sectors.

The increase in imports suggests that businesses are expanding production capacity and preparing for future export demand.

What This Means for Logistics

The growth of Vietnam import and export activities is creating new opportunities for the logistics industry.

As trade volumes increase, demand for freight forwarding, warehousing, customs clearance, and multimodal transportation services continues to rise. Logistics providers play a critical role in ensuring the smooth movement of goods between manufacturers, suppliers, and international markets.

Growing import volumes also increase the need for efficient port operations, inland transportation networks, and modern warehouse facilities.

Challenges Behind the Growth

Despite the positive trade results, several challenges remain.

Vietnam recorded a trade deficit of nearly USD 13.8 billion during the first five months of 2026. In addition, many domestic enterprises are still growing more slowly than foreign-invested companies, particularly in key export sectors.

Global economic uncertainty, geopolitical tensions, and changing trade policies may also affect future trade performance.

Outlook for Vietnam Import Export

Looking ahead, Vietnam is expected to maintain strong trade growth thanks to its competitive manufacturing base, extensive free trade agreements, and strategic location in Southeast Asia.

As global companies continue to diversify supply chains, Vietnam remains an attractive destination for investment, production, and international trade.

The continued expansion of Vietnam import and export activities will not only support economic growth but also drive long-term development across logistics, transportation, warehousing, and supply chain services.

Source: Asemconnectvietnam.gov.vn

3/6/2026 

Team Marketing