In the first half of November alone, trade turnover reached US$38.3 billion, of which exports totaled US$19.25 billion, driven by key sectors such as computers and electronic products with US$4.8 billion, machinery and equipment with US$2.36 billion, phones and components with US$2.16 billion, garments and textiles with US$1.39 billion and footwear wit over US$1 billion. These industries account for a large share of Vietnam’s export structure, reflecting expanding production in processing and manufacturing.

Meanwhile, imports during the same period hit US$19.1 billion. Two major product groups exceeded the US$1 billion mark including computers and electronic components with US$6.62 billion and machinery and equipment with US$2.59 billion. The continued rise in demand for raw materials and components signals strong production activity and lays the groundwork for export growth in the final months of the year.

From January 1 to November 15, exports brought back US$410.28 billion and imports grossed US$390.74 billion, generating a trade surplus of US$19.5 billion. This surplus supports macroeconomic stability, eases pressure on exchange rates, and strengthens the economy amid global trade volatility.

Vietnam Customs attributes the country’s strong trade performance to three main factors: the continued dominance of processing and manufacturing industries, robust exports of electronics, phones, and machinery amid global supply chain shifts, and effective use of free trade agreements with Europe, Japan, the Republic of Korea, and ASEAN.

Growing imports of capital goods also signal promising export prospects, as many businesses begin fulfilling orders for 2026 during the year’s final quarter.

With current momentum, Vietnam is on track to approach US$900 billion in total trade turnover by year-end.

The Ministry of Industry and Trade predicted that if key markets maintain their recovery and domestic businesses capitalise on year-end orders, Vietnam’s trade volume in 2025 could not only exceed US$800 billion but also approach the US$900 billion milestone, setting two historic records in a single year and further strengthening Vietnam’s position in global supply chains.

Vietnam–Singapore trade turnover hits record high

VOV.VN - Two-way trade turnover between Vietnam and Singapore reached SGD33 billion (approx. US$25.3 billion) in the first 10 months of 2025, maintaining Vietnam’s position as Singapore’s 10th largest trading partner and marking a new record in their trade relations.