Vietnam set to enter Top 15 global trading economies this year

VOV.VN - Vietnam’s total import-export turnover in 2025 is expected to reach a record US$920 billion, propelling the country into the top 15 global trading economies and second in ASEAN, according to the Ministry of Industry and Trade.

As of December 15, 2025, Vietnam’s trade turnover reached US$883.7 billion, with exports projected at over US$470 billion, up 16% from 2024. The country continues a 10-year streak of trade surpluses, with an estimated surplus of US$22 billion in 2025.

Since surpassing US$100 billion in trade in 2009, Vietnam has steadily climbed the global trade ranks, crossing US$200 billion in 2011, US$500 billion in 2019, US$800 billion in November 2025, and now on track to exceed US$900 billion by December 2025.

Export diversity and market reach have also expanded, with 36 items exceeding US$1 billion each in exports and 35 export markets surpassing US$1 billion each, reflecting Vietnam’s growing role in global trade and its continued economic momentum.

The Ministry of Industry and Trade also reported that Vietnam’s e-commerce sector generated more than US$31 billion in 2025, accounting for about 10% of total retail sales and two-thirds of the digital economy. Trade promotion embraced digital transformation and green development, with major events like the 80-Year National Achievements Exhibition and Autumn Fair boosting the country’s brand value to nearly US$520 billion, climbing the global economic rankings.

Deepening international economic integration, including the launch of the FTA Index and flexible responses to global trade shifts, strengthened Vietnam’s market presence. Key energy projects advanced Vietnam into the ASEAN leaders and top 20 globally in electricity system scale, laying a strong foundation for future growth.

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