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Viet Nam’s foreign trade soars to all-time high in 2025

VGP - Viet Nam’s foreign trade volume reached a record high of US$930.05 billion in 2025, representing a strong increase of 18.2 percent compared to the previous year.

Posts Thuy Dung

January 06, 2026 10:33 AM GMT+7

In December alone, trade with the rest of the world soared by 25.7 percent year on year to US$88.72, reported the National Statistics Office under the Ministry of Finance.

The above figure includes US$44.03 billion in export value, up 12.6 percent compared with the previous month.

In the fourth quarter of 2025, export turnover reached US$126.3 billion, up 20 percent year on year but down 1.7 percent compared with the third quarter of 2025.

For the whole year, the Southeast Asian nation earned US$475.04 billion from exporting, up 17 percent. Of the figure, the domestic economic sector recorded US$107.95 billion, down 6.1 percent and accounting for 22.7 percent of total export turnover, while the foreign-invested sector (including crude oil) contributed US$367.09 billion, up 26.1 percent and accounting for 77.3 percent.

There were 36 export items with a turnover of over US$1 billion each, accounting for 94.0 percent of the total export value.

Meanwhile, the country spent US$455.01 billion on imports, up 19.4 percent. Of the figure, the domestic economic sector accounted for US$137.38 billion, down 2 percent, while the foreign-invested sector contributed US$317.63 billion, up 31.9 percent.

The U.S. was Viet Nam's largest export market, with US$153.2 billion while China remained the biggest goods supplier, with US$186 billion.

Viet Nam enjoyed trade surpluses of US$133.9 billion with the U.S., up 28.2 percent; US$38.6 billion with the EU, up 10.1 percent; and US$2.1 billion with Japan, down 30.1 percent.

Meanwhile, the nation recorded trade deficits of US$115.6 billion with China, up 39.6 percent; US$31.6 billion with South Korea, up 4.3 percent; and US$14.2 billion with ASEAN, up 42.4 percent.

The country posted a trade surplus of US$20.03 billion during the last year./.