Vietnam’s foreign trade hits record over US$930 billion in 2025
VOV.VN - Vietnam’s total import-export turnover in 2025 reached a record high of US$930.05 billion, up 18.2% year on year, with a trade surplus of US$20.03 billion, according to the National Statistics Office (GSO) under the Ministry of Finance.
In December alone, total trade turnover amounted to US$88.72 billion, rising 15.1% from the previous month and 25.7% compared to the same period last year.
Of the total trade figure in 2025, exports generated US$475.04 billion, up 17% year on year, while imports were US$455.01 billion, up 19.4%.
Notably, the foreign-invested sector recorded export growth of 26.1%, reaching US$367.09 billion and accounting for 77.3% of total exports. By contrast, the domestic sector saw a decline of 6.1% to US$107.95 billion.
In December, exports rose 23.8% year on year, driven by a 38.4% increase in shipments from FDI enterprises, highlighting their growing role in Vietnam’s export performance.
Among exported goods, 36 products recorded export values exceeding US$1 billion each, making up 94% of total exports. Of them, eight items surpassed US$10 billion each, representing 70.2%.
Processed and manufactured goods continued to dominate, generating US$421.47 billion, followed by agricultural and forestry products (US$39.46 billion); seafood (US$11.29 billion); fuels and minerals (US$2.83 billion).
Meanwhile, imports in 2025 rose sharply to US$455.01 billion, with the FDI sector increasing imports by 31.9%. Production inputs accounted for 93.6% of total imports, reflecting strong manufacturing activity.
Machinery, equipment and spare parts made up 52.7%, while raw materials and fuels accounted for 40.9%. Consumer goods represented only 6.4% of total imports.
The United States remained Vietnam’s largest export market, with shipments hitting US$153.2 billion, generating a trade surplus of US$133.9 billion, up 28.2% year-on-year.
China continued to be Vietnam’s largest import source, with imports totaling US$186.0 billion, resulting in a trade deficit of US$115.6 billion, up 39.6%.
Vietnam also recorded a trade surplus of US$38.6 billion USD with the EU; a surplus of US$2.1 billion with Japan; a trade deficit of US$31.6 billion with the Republic of Korea, and a trade deficit of US$14.2 billion with ASEAN.
Vietnam’s GDP expands 8.02% in 2025, second highest rate in 15 years
VOV.VN - Vietnam’s economy grew 8.02% in 2025, marking the second-highest annual growth rate since 2011, driven primarily by strong performance in the services sector and industrial production, according to official data released on January 5.
