VIETNAM’S IMPORT-EXPORT VALUE NEARS US$840 BILLION IN JAN-NOV

Container ships are seen at a seaport in Vietnam - PHOTO: VNA

HCMC – The total value of Vietnam’s imports and exports was nearly US$840 billion between January and November this year, the highest level ever recorded, according to the National Statistics Office.

In its latest report on the country’s socio-economic performance, the National Statistics Office highlighted a series of positive economic indicators, with trade emerging as one of the strongest drivers of growth.

Over the January-November period of 2025, Vietnam’s total merchandise trade reached US$840 billion, up 17.2% year-on-year. This figure has already surpassed the nation’s full-year trade turnover in 2024, which totaled around US$786.2 billion.

Exports amounted to US$430 billion, up by 16.1% against the same period last year, while imports surged by 18.4% to US$409 billion. As a result, the country gained a trade surplus of around US$20.5 billion

Notably, 36 export product categories posted revenues of over US$1 billion, including eight that topped US$10 billion. On the import side, 47 items exceeded US$1 billion each, with six surpassing the US$10 billion threshold.

The FDI sector continued to dominate Vietnam’s export landscape, contributing more than 76% of total export value. Foreign-invested enterprises, including crude oil producers, shipped goods worth about US$327.7 billion abroad, up 23.1%, while importing US$281.2 billion, a 28% increase.

The United States remained Vietnam’s largest buyer with US$138.6 billion in shipments, while China was the country’s biggest supplier, accounting for US$167.5 billion in import value.

Source: The Saigon Times