Results in the first half of March 2025 brought the country's total import-export value by March 15, 2025, to $162.78 billion USD, up 12% (equivalent to an absolute increase of $17.46 billion USD) compared to the same period in 2024...

According to preliminary data released by the Customs Department (Ministry of Finance) on March 28th, Vietnam's total import-export value of goods in the first period of March 2025 (from March 1 to March 15, 2025) reached $35.66 billion USD, an increase of 10.7% (equivalent to $3.44 billion USD) compared to the results from the second half of February 2025.

The results achieved in the first half of March 2025 brought the country's total import-export value up to March 15, 2025, to $162.78 billion USD, an increase of 12% (equivalent to an absolute increase of $17.46 billion USD) compared to the same period in 2024.

Of this total, the import-export value of foreign direct investment (FDI) enterprises reached $110.09 billion USD, up 10.8% (equivalent to $10.73 billion USD).

Specifically, Vietnam's total export value of goods in the first period of March 2025 reached $17.98 billion USD, an increase of 6.3% (equivalent to an absolute increase of $1.07 billion USD) compared to the second period of February 2025.

Export value in the first period of March 2025 increased compared to the second period of February 2025 in the following product groups: Computers, electronic products, and components increased by 27.7% (equivalent to $878 million USD); Telephones of all types and components decreased by $137 million USD, yet corresponding to a 6.3% increase [Note: This appears contradictory in the source text]; Wood and wood products increased by $77 million USD (up 12.4%)...

Thus, by the end of March 15, 2025, Vietnam's total export value reached $82.29 billion USD, an increase of 6.3%, equivalent to $1.07 billion USD [Note: This absolute increase figure seems low compared to overall trade growth and doesn't reconcile with import/total trade figures reported], compared to the same period in 2024.

Among these, several product groups saw increases: Computers, electronic products, and components increased by $3.75 billion USD (up 29.2%); Coffee increased by $675 million USD (up 42%); Textiles and garments increased by $603 million USD (up 9.4%) compared to the same period in 2024.

Statistics from the General Department of Customs also show that the export value of goods by foreign direct investment (FDI) enterprises in the first period of 1  March 2025 reached $12.79 billion USD, an increase of 6.7% (equivalent to $800 million USD) compared to the second period of February 2025. By the end of March 15, 2025, the total export value of goods from this group of enterprises reached $58.93 billion USD, up 8.2% (equivalent to $4.45 billion USD) compared to the same period last year, accounting for 71.6% of the country's total export value.   

Conversely, Vietnam's total import value of goods in the first period of March 2025 reached $17.68 billion USD, an increase of 15.5% (equivalent to an absolute increase of $2.38 billion USD) compared to the results from the second half of February 2025.

The increase in import value during the first period of March 2025 compared to the second period of February 2025 was mainly seen in the following groups: Computers, electronic products & components increased by $885 million USD (up 18.5%); Machinery, equipment, tools & other spare parts increased by $418 million USD (up 22%); Fabrics of all kinds increased by $181 million USD (up 42.5%).

Thus, by the end of March 15, 2025, the country's total import value reached $80.49 billion USD, an increase of 15.2% (equivalent to $10.61 billion USD) compared to the same period in 2024.

Import value of some major product groups accumulated from 01/01/2025 to 15/3/2025 and the same period in 2024. Source: Customs Department.

Among these, some groups saw strong increases: Computers, electronic products & components increased by $5.85 billion USD (up 29.3%); Machinery, equipment, tools and spare parts increased by $1.68 billion USD (up 20%) compared to the same period in 2024.

The import value of goods by FDI enterprises during this period reached $11.15 billion USD, an increase of 16.9% (equivalent to $1.62 billion USD) compared to the second period of February 2025. By the end of March 15, 2025, the total import value of this group of enterprises reached $51.16 billion USD, up 14% (equivalent to $6.28 billion USD) compared to the same period in 2024, accounting for 64% of the country's total import value.

With these results, in the first period of March 2025, the goods trade balance recorded a surplus of $307 million USD. From the beginning of the year to the end of March 15, the goods trade balance showed a surplus of $1.81 billion USD.

Source: VN Economy