In the initial five-month period of 2025, the overall foreign trade reached US$355.79 billion, marking a rise of 15.7% compared to the same timeframe last year, as reported by the Department of Customs within the Ministry of Finance.
The nation's export revenues increased by 14%, whereas its import levels went up by 17.5%, leading to a trade surplus of $4.67 billion for the duration.
In May, the aggregate trade income amounted to $39.6 billion, marking a rise of 5.7% since April and an increase of 17% over the same period last year.
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The Long An International Port in southern Vietnam as seen in March 2025. Image courtesy of VnExpress/Thanh Nguyen |
Between January and May, the total export value reached $180.23 billion, marking an increase of 14% over the corresponding months of the previous year. This included exports worth $49.62 billion from domestically owned enterprises, which saw a rise of 12.5%, along with $130.61 billion (inclusive of crude oil) originating from companies with foreign investment, reflecting growth of 14.5%.
Fifteen products registered more than US$1 billion in export earnings, making up 90% of all overseas sales. Among them, seven commodities surpassed US$5 billion, contributing to 67.3% of the overall total.
In the past five months, the nation expended $175.56 billion on imports, marking an increase of 17.5% compared to the previous year. Imports for the domestic segment amounted to $62.04 billion, showing a rise of 12.9%, whereas those for the foreign-invested segment reached $113.52 billion, reflecting a growth of 20.2%.
Out of twenty-nine items, those exceeding $1 billion in import value constituted 86.9% of the total imports. Notably, four items surpassed $5 billion, representing 51.6% of all imports.
The United States continued to be Vietnam’s biggest export destination. During the review period, when turnover reached $57.2 billion, China maintained its position as Vietnam’s largest source of goods, with import values totaling $69.4 billion.
According to the data, Vietnam registered a trade surplus of $49.9 billion with the U.S., marking a rise of 28.5% compared to the previous year. Additionally, there was a surplus of $16.3 billion with the European Union, an increase of 16%, and a surplus of $0.9 billion with Japan, which surged by 74.8%.
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