Việtnam Records Over US$762 Billion in Foreign Trade During First Ten Months of 2025
Hanoi, The Gulf Observer: Việt Nam’s total foreign trade value reached US$762.44 billion in the first ten months of this year, according to data released by the National Statistics Office (NSO) under the Ministry of Finance on Thursday.
The report showed that the country posted a trade surplus of nearly US$19.6 billion, compared with US$23.2 billion in the same period last year. The domestic sector recorded a trade deficit of US$22.8 billion, while the foreign-invested sector (including crude oil) maintained a robust surplus of US$42.4 billion.
In October alone, export turnover was estimated at US$42.1 billion, down 1.5 per cent from September but up 17.5 per cent year-on-year. Cumulatively, exports from January to October reached US$391 billion, a 16.2 per cent increase compared to the same period in 2024. Of this total, the domestic sector contributed US$94.2 billion (24.1 per cent), while the foreign-invested sector (including crude oil) accounted for US$296.8 billion (75.9 per cent), reflecting a 22.5 per cent rise.
According to NSO data, 36 commodities achieved export turnover exceeding US$1 billion each, accounting for over 94 per cent of total exports. Among these, seven items surpassed the US$10 billion mark, representing nearly 68 per cent of overall export value.
By product category, processed and manufactured goods dominated with US$346.7 billion (88.7 per cent), followed by agricultural and forestry products with US$32.6 billion (8.3 per cent), aquatic products with US$9.3 billion (2.4 per cent), and fuels and minerals with US$2.3 billion (0.6 per cent).
On the import side, turnover in October stood at US$39.5 billion, down 1 per cent month-on-month but up 16.8 per cent year-on-year. Total imports during the ten-month period amounted to US$371.4 billion, reflecting an 18.6 per cent annual increase.
The domestic sector accounted for US$117 billion in imports, up 2.8 per cent, while the foreign-invested sector reached US$254.4 billion, marking a 27.6 per cent rise.
China remained Việt Nam’s largest supplier of goods with a total value of nearly US$151 billion. Forty-seven imported commodities recorded turnover exceeding US$1 billion each, representing 94 per cent of total import value, including four items surpassing US$10 billion (52.7 per cent).
In terms of structure, capital goods dominated imports with a total value of US$348.2 billion, accounting for 93.8 per cent. Of this, machinery, equipment, tools, and spare parts represented 52.6 per cent, while raw materials and fuels made up 41.2 per cent. Consumer goods were valued at US$23.2 billion, or 6.2 per cent of total imports, the NSO noted.
