Import-Export: Vietnam’s trade turnover rises 16.3 percent in first eight months of 2025

Vietnam’s total import and export turnover of goods reached US$83.06 billion in August 2025, up 0.9 percent month-on-month and 16 percent year-on-year, according to Vietnam’s National Statistics Office.

For the first eight months of the year, trade turnover totalled US$597.93 billion, up 16.3 percent.

Exports rose 14.8 percent to US$305.96 billion, while imports increased 17.9 percent to US$291.97 billion, resulting in a trade surplus of US$13.99 billion.

Exports in August reached US$43.39 billion, up 2.6 percent from July and 14.5 percent year-on-year.

The foreign-invested sector led growth, with exports up 27.5 percent, while the domestic sector fell 17.1 percent.

Over eight months, foreign-invested firms accounted for 74.9 percent of total exports.

Key export items included electronics (US$66.87 billion, +43.1 percent), phones (US$38.19 billion, +2.4 percent), machinery (US$37.40 billion, +13.8 percent), textiles (US$26.47 billion, +8.5 percent), footwear (US$16.08 billion, +7.2 percent), vehicles (US$11.39 billion, +12.7 percent), and wood products (US$11.12 billion, +6.5 percent).

Processed industrial goods dominated exports, accounting for 88.6 percent of total turnover.

Imports in August reached US$39.67 billion, down 0.8 percent from July but up 17.7 percent year-on-year.

Over eight months, imports totalled US$291.97 billion.

Electronics and components accounted for US$95.95 billion (+38.2 percent), and machinery reached US$38.87 billion (+23.6 percent).

Production materials dominated imports at 93.8 percent of the total, while consumer goods accounted for just 6.2 percent.

The United States remained Vietnam’s largest export market, with turnover of US$99.1 billion, while China was the largest import partner at US$117.9 billion.

Vietnam posted a trade surplus of US$87.0 billion with the US and US$25.6 billion with the EU but recorded a trade deficit of US$75.9 billion with China, US$20.1 billion with South Korea, and US$9.4 billion with ASEAN.

Vietnam’s key exports, Jan–Aug 2025 (US$ million)

Vietnam’s key imports, Jan–Aug 2025 (US$ million)

See also: Vietnam Trade: Exports, Imports & FTAs