Vietnam’s total import and export turnover reached US$81.49 billion in October 2025, down 1.2 percent month-on-month but up 17.2 percent year-on-year, according to the latest data from the National Statistics Office (NSO).
For the first ten months, total trade rose 17.4 percent year-on-year to US$762.44 billion, including US$391.0 billion in exports (up 16.2 percent) and US$371.44 billion in imports (up 18.6 percent). Vietnam’s trade surplus stood at US$19.56 billion.
Exports
October exports reached US$42.05 billion, down 1.5 percent MoM but up 17.5 percent YoY.
The domestic sector recorded US$8.6 billion (−0.7 percent MoM) while the foreign-invested sector, including crude oil, achieved US$33.45 billion (−1.7 percent MoM).
For Jan–Oct 2025, total exports rose 16.2 percent YoY to US$391.0 billion, led by the foreign-invested sector (US$296.83 billion, +22.5 percent), which made up 75.9 percent of total exports.
There were 36 export items exceeding US$1 billion, accounting for 94.1 percent of total turnover, including 7 items above US$10 billion (67.9 percent share).
Top export performers (Jan–Oct YoY growth):
Electronics, computers and components US$87.29 billion (+47.9 percent); phones and accessories US$48.67 billion (+4.7 percent); machinery, equipment and spare parts US$48.41 billion (+12.2 percent); textiles and garments US$32.93 billion (+7.6 percent); footwear US$19.83 billion (+6.6 percent); vehicles and parts US$14.33 billion (+13.5 percent); wood and wood products US$14.04 billion (+6.0 percent).
By export structure, processed industrial goods accounted for US$346.73 billion (88.7 percent share), agricultural and forestry US$32.62 billion (8.3 percent), aquatic US$9.33 billion (2.4 percent), and fuel and minerals US$2.32 billion (0.6 percent).
Imports
October imports reached US$39.45 billion, down 1.0 percent MoM but up 16.8 percent YoY.
The domestic sector imported US$11.38 billion (+4.2 percent MoM), while the foreign-invested sector imported US$28.07 billion (−2.9 percent MoM).
For Jan–Oct 2025, imports totalled US$371.44 billion (+18.6 percent YoY).
The domestic sector reached US$117.0 billion (+2.8 percent) and the foreign-invested sector US$254.44 billion (+27.6 percent).
Top import products (Jan–Oct YoY growth):
Electronics, computers and components US$123.15 billion (+39.1 percent); machinery and spare parts US$49.55 billion (+24.5 percent); fabric US$12.51 billion (+1.7 percent); plastic US$10.38 billion (+7.8 percent).
Production materials made up US$348.23 billion (93.8 percent of total imports), of which machinery, equipment and tools accounted for 52.6 percent and raw materials for 41.2 percent.
Consumer goods reached US$23.21 billion (6.2 percent).
Trade by market
The United States was Vietnam’s largest export market (US$126.2 billion), followed by the EU and China.
China remained the largest import source (US$150.9 billion).
The trade surplus with the US was US$111.0 billion (+28.2 percent YoY), with the EU US$32.2 billion (+11.2 percent), and with Japan US$1.6 billion (−29.8 percent).
Vietnam ran deficits with China (US$93.9 billion, +38.6 percent), South Korea (US$25.6 billion, +1.6 percent), and ASEAN (US$11.6 billion, +55.9 percent).
Trade balance
Vietnam posted a trade surplus of US$2.6 billion in October and US$19.56 billion for Jan–Oct 2025, down from US$23.18 billion a year earlier.
The domestic sector recorded a trade deficit of US$22.83 billion, while the foreign-invested sector achieved a surplus of US$42.39 billion.