As of November 15, 2025, Vietnam’s total import-export turnover exceeded USD 801 billion - the highest figure in its history and surpassing the Ministry of Industry and Trade’s earlier forecast of USD 800 billion issued in September.

With a total export turnover of $76.44 billion in the first ten months of 2025, Bac Ninh has officially surpassed Ho Chi Minh City to become the nation’s leading exporter.

Vietnamese enterprises have set records across multiple areas, demonstrating strong export momentum that not only expands trade but also reinforces Vietnam’s position in global supply chains.

In the first eight months of 2025, Vietnam’s total trade value reached nearly 600 billion USD, up 16.3% year on year. Of this, exports stood at 306 billion USD, a 14.8% increase, already surpassing the full-year target.

With export growth surging 33.9% in eight months, Vietnam is on track to surpass USD 800 billion in trade and post a USD 14 billion surplus.

Vietnam's total import-export turnover reached 267.89 billion USD in the first four months of 2025, marking an increase of 15.7% year-on-year.

The MoIT recommended that businesses take a proactive approach by developing roadmaps and strategies to diversify export markets, improve product quality, and ensure compliance with technical, labour, and environmental standards.

The Ministry of Industry and Trade (MoIT) is set to increase export turnover by roughly 6%, and maintain a trade surplus of about US$15 billion next year.

Vietnamese businesses need to use clean energy, make specific commitments and actions to convert to sustainable and environmentally friendly production to meet increasingly strict requirements, experts say.

After enjoying trade surpluses for the past consecutive 23 months, Vietnam slipped into an import surplus in May 2024, sparking concerns about the health of the economy, but experts say it is not really a worrying sign.

Vietnam's good imports and exports in 2023 have fallen short of the 700-billion-USD mark achieved in the previous year, estimating at 683 billion USD, down 6.6% year on year.

FTAs with new markets such as Israel and the UAE will create more opportunities to promote trade and investment, especially exports, of Vietnam in 2024

Vietnam enjoyed a trade surplus for the eighth consecutive year with US$26 billion over the past 11 months, three times higher than the figure recorded last year.

The Vietnamese economy saw $10.8 billion from the export of timber and wood products in the first 10 months of 2023, down nearly 20 per cent on-year.

As of September, there have been six key Vietnamese commodities with export value enduring a decrease of at least US$1 billion each, according to the General Department of Vietnam Customs.

Textile, footwear, and wooden furniture businesses moaned about a sharp fall in export orders.

The US is Vietnam’s biggest export market, accounting for about one-quarter of its total exports, but its exports to the market fell by more than 20 per cent yoy in the first seven months.

Although difficulties remained, enterprises expect to see slight improvements in orders in the coming months, pinning hopes on easing inflationary pressure for a better year in 2024.

Dwindling demands in the global market are posing challenges for Vietnam to meet its considerable export target for this year.