Vietnam’s trade turnover surpasses US$40 billion in first half of August

Vietnam’s trade activities remained vibrant in the first half of August 2025, with total import-export turnover exceeding US$40.36 billion, according to preliminary data released by the Department of Customs under the Ministry of Finance.

Following a record-breaking July, which saw trade turnover surpass US$80 billion, the momentum continued into August. Exports in the first 15 days reached US$20.06 billion, while imports totalled US$20.29 billion, resulting in a trade deficit of approximately US$230 million.

Foreign-invested sector continued to play a pivotal role in Vietnam’s trade landscape, contributing US$15.74 billion to export turnover, accounting for 78.7% of the total and US$15 billion to imports, representing nearly 74% of total import turnover.

Among exports, four commodity groups topped US$1 billion in turnover. Of which, computers, electronic products and components led with nearly US$4.6 billion. Phones and components followed with US$2.48 billion. Machinery, equipment, tools and spare parts reached US$2.44 billion while textiles and garments contributed US$1.84 billion.

Other notable export items included footwear (US$989 million), wood and wood products (US$720 million), means of transport and spare parts (US$700 million), seafood (US$482 million), vegetables and fruits (US$379 million), cashew nuts (US$226 million) and coffee (US$225 million).

On the import side, billion-dollar groups included computers and electronic products at US$7.28 billion and machinery, equipment, tools and spare parts at US$2.81 billion. Significant turnover was also recorded in raw materials such as chemicals, plastics, iron and steel, as well as fuel products including crude oil, gasoline and coal.

From January 1 to August 15, 2025, the country’s total import-export turnover exceeded US$555 billion, according to the department.

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