Vietnam’s total merchandise exports and imports reached US$88.72 billion in December, up 15.1 percent from November and 25.7 percent year on year, according to the latest release from Vietnam’s National Statistics Office.
For the full year 2025, total trade turnover rose 18.2 percent to US$930.05 billion, with exports increasing 17.0 percent to US$475.04 billion and imports climbing 19.4 percent to US$455.01 billion.
The merchandise trade balance recorded a surplus of US$20.03 billion in 2025, down from US$24.94 billion a year earlier.
Goods exports in December reached US$44.03 billion, up 12.6 percent from the previous month and 23.8 percent year on year.
The domestic sector contributed US$9.7 billion, up 17.9 percent month on month but down 9.8 percent year on year, while the foreign-invested sector, including crude oil, accounted for US$34.33 billion, rising 11.2 percent month on month and 38.4 percent year on year.
Fourth-quarter export turnover reached US$126.3 billion, up 20.0 percent from the same period last year but down 1.7 percent from the third quarter.
For the full year, the foreign-invested sector generated US$367.09 billion in exports, up 26.1 percent and accounting for 77.3 percent of total exports, while the domestic sector recorded US$107.95 billion, down 6.1 percent.
In 2025, 36 export product categories exceeded US$1 billion in value, accounting for 94.0 percent of total exports, including eight categories above US$10 billion led by electronics, machinery and phones.
Goods imports in December totalled US$44.69 billion, up 17.6 percent from November and 27.7 percent year on year.
The domestic sector imported US$14.57 billion, while the foreign-invested sector accounted for US$30.11 billion.
Fourth-quarter import turnover reached US$123.1 billion, up 21.3 percent year on year and 2.9 percent from the third quarter.
For the full year, imports rose to US$455.01 billion, with the foreign-invested sector accounting for US$317.63 billion, up 31.9 percent, and the domestic sector US$137.38 billion, down 2.0 percent.
Production materials made up 93.6 percent of total imports, while consumer goods accounted for 6.4 percent.
The United States remained Vietnam’s largest export market in 2025 with turnover of US$153.2 billion, while China was the largest import market at US$186.0 billion.
Vietnam posted a trade surplus of US$133.9 billion with the United States and US$38.6 billion with the European Union, while recording trade deficits with China, South Korea and ASEAN.