The country’s export turnover in the first half of February fell 18.8% to US$20.36 billion, compared to the second half of January. The decline was mainly seen in key product groups, with computers, electronic products and components falling by US$908 million (17.1%), phones and components down US$907 million (25.1%), machinery, equipment, tools and spare parts decreasing by US$788 million (24.1%), and wood and wood products dropping by US$223 million (23.7%).

However, cumulative exports from the start of the year to February 15 reached US$63.64 billion, up 33.7% year on year.

Several key export categories posted strong gains, with computers, electronic products and components rising by US$4.63 billion (49.4%), machinery, equipment, tools and spare parts increasing by US$2.36 billion (42.5%), and phones and components climbing by US$1.33 billion (18.9%).

Exports by foreign-invested enterprises (FIEs) in the first half of February totaled US$15.8 billion, down 19.2% compared to the second half of January. As of February 15, the FDI sector posted export turnover of US$49.51 billion, up 45% year on year, making up 78% of Vietnam’s total exports.

Meanwhile, total import turnover by February 15 surged 40% to US$66.54 billion, equivalent to an increase of US$19.02 billion.

Imports by FIEs amounted US$47.67 billion, up 56.5% (US$17.21 billion), accounting for 72% of the country’s total import value.

Several key import categories recorded robust growth, including computers, electronic products and components, up US$9.56 billion (62.3%), and machinery, equipment, tools and spare parts, up US$2.73 billion (46.4%).

State budget revenue from import-export activities up 9.1% in seven months

Vietnam’s state budget revenue from import-export activities reached over VND261.37 trillion (US$9.97 billion) in the first seven months of 2025, equivalent to 63.6% of the annual estimate and 55.6% of the targeted goal, marking a 9.1% increase year-on-year, the Department of Customs reported.