Vietnam-Thailand trade exceeds US$12 billion in seven months

VOV.VN - Two-way trade turnover between Vietnam and Thailand reached nearly US$12.3 billion in the first seven months of 2025, representing an increase of 8.35% year on year, according to preliminary data released by Vietnam Customs.

Notably, Vietnam reported a trade deficit of US$2.62 billion, up nearly 22% from the same period last year.

Statistics show Vietnamese imports totaled US$7.46 billion, up 10.48%, while its exports brought back more than US$4.84 billion, up 5.22%, resulting a widening trade deficit.

Thailand remains a major supplier of goods serving Vietnam’s domestic production, with leading import groups including computers, electronic products & components (US$982.6 million – up 41.14%); completely built-up automobiles (US$821.69 million – up 30.71%); household electronics & components (US$614.44 million – up 9.51%); and machinery, equipment & spare parts (US$600.32 million – up 7.97%).

Thailand is currently Vietnam’s largest trading partner in Southeast Asia, accounting for 21.1% of Vietnam’s exports and 26.5% of its imports within the bloc.

In 2024, total Vietnam–Thailand trade hit US$20.2 billion, up 6.6% from 2023. Of the total, Vietnamese exports were valued at US$7.8 billion, up 8.3%, while its imports reached US$12.4 billion, up 5.6%.

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