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Trade: Vietnam’s import-export turnover up 15.7 percent year-to-date, surplus narrows

Vietnam’s April trade turnover reached US$74.32 billion, down 1.4 percent from March, up 21.3 percent year-on-year, according to the latest data from the National Office of Statistics. Year to date, total trade reached US$276.89, up 15.7 percent year-on-year.

Key data points include

  • YTD Exports: US$140.34 billion, up 13.0 percent

  • YTD Imports: US$136.55 billion, up 18.6 percent

  • Trade surplus YTD: US$3.79 billion, down from US$9.06 billion same period in 2024
  • April exports: US$37.45 billion (-2.8 percent MoM, +19.8 percent YoY)

  • Domestic sector: US$11.66 billion, +25.7 percent YoY

  • Foreign-invested sector (incl. crude oil): US$25.79 billion, +17.2 percent YoY

  • Top exports (Jan–Apr 2025):

    • Electronics, computers, components: US$29.26 billion, +36.2 percent

    • Phones and accessories: US$17.80 billion, -1.9 percent

    • Machinery, equipment: US$17.09 billion, +16.1 percent

    • Textiles, footwear, wood, vehicles all saw double-digit growth

  • Export structure: 88.2 percent from processed industrial goods

Import highlights

  • April imports: US$36.87 billion (flat MoM, +22.9 percent YoY)

  • Domestic sector: US$14.48 billion, +26.0 percent YoY

  • Foreign-invested sector: US$22.39 billion, +21.0 percent YoY

  • Top imports (Jan–Apr 2025):

    • Electronics, computers, components: US$42.88 billion, +35.4 percent

    • Machinery, equipment: US$17.58 billion, +24.3 percent

  • Import structure: 93.9 percent were production materials

Key markets and balances

  • Largest export market: USA (US$43.4 billion); trade surplus US$37.7 billion, +24.9 percent

  • Largest import market: China (US$53.2 billion); trade deficit US$35.1 billion, +44.2 percent

  • EU surplus: US$13.4 billion (+16.8 percent)

  • Japan surplus: US$0.7 billion (nearly double YoY)

  • South Korea deficit: US$9.6 billion (+9.5 percent)

  • ASEAN deficit: US$5.4 billion (+83.1 percent)

See also: Vietnam Imports Tracker | Vietnam Exports Tracker

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