Viet Nam’s total import-export turnover in 2025 reached a record high of US$930.05 billion, up 18.2% year on year, with a trade surplus of US$20.03 billion, according to the National Statistics Office (GSO) under the Ministry of Finance.

In December alone, total trade turnover amounted to US$88.72 billion, rising 15.1% from the previous month and 25.7% compared to the same period last year.

Of the total trade figure in 2025, exports generated US$475.04 billion, up 17% year on year, while imports were US$455.01 billion, up 19.4%.

Notably, the foreign-invested sector recorded export growth of 26.1%, reaching US$367.09 billion and accounting for 77.3% of total exports. By contrast, the domestic sector saw a decline of 6.1% to US$107.95 billion.

In December, exports rose 23.8% year on year, driven by a 38.4% increase in shipments from FDI enterprises, highlighting their growing role in Viet Nam’s export performance.

Among exported goods, 36 products recorded export values exceeding US$1 billion each, making up 94% of total exports. Of them, eight items surpassed US$10 billion each, representing 70.2%.

Processed and manufactured goods continued to dominate, generating US$421.47 billion, followed by agricultural and forestry products (US$39.46 billion); seafood (US$11.29 billion); fuels and minerals (US$2.83 billion).

Meanwhile, imports in 2025 rose sharply to US$455.01 billion, with the FDI sector increasing imports by 31.9%. Production inputs accounted for 93.6% of total imports, reflecting strong manufacturing activity.

Machinery, equipment and spare parts made up 52.7%, while raw materials and fuels accounted for 40.9%. Consumer goods represented only 6.4% of total imports.

The United States remained Viet Nam’s largest export market, with shipments hitting US$153.2 billion, generating a trade surplus of US$133.9 billion, up 28.2% year-on-year.

China continued to be Viet Nam’s largest import source, with imports totaling US$186.0 billion, resulting in a trade deficit of US$115.6 billion, up 39.6%.

Viet Nam also recorded a trade surplus of US$38.6 billion USD with the EU; a surplus of US$2.1 billion with Japan; a trade deficit of US$31.6 billion with the Republic of Korea, and a trade deficit of US$14.2 billion with ASEAN.

Source: VOV