6 export markets reaching over 1 billion USD of Vietnam

Thạch Lam |

In January 2025, 6 export markets of Vietnam reached over 1 billion USD.

Of which, exports to the US reached 10.5 billion USD, up 4.6%; the EU (27 countries) reached 4.72 billion USD, up 3.5%; China reached 3.65 billion USD, down 19.7%; ASEAN reached 2.79 billion USD, down 13.8%; South Korea reached 2.2 billion USD, down 5.5% and Japan reached 2.15 billion USD, down 3.5% over the same period last year.

In total, the total export value to these 6 markets/regions reached 26.01 billion USD, accounting for nearly 80% of the total export value of the country.

The total value of Vietnam's goods exports in January 2025 reached 33.19 billion USD, down 6.6% over the previous month and down 4% over the same period last year.

In January 2025, there were 7 groups of goods exported with an export value of over 1 billion USD. These are the following groups: computers, electronic products and components (reaching 6.05 billion USD); phones of all kinds and components (reaching 4.93 billion USD); machinery, equipment, tools and spare parts (reaching 3.86 billion USD); textiles (reaching 3.19 billion USD); footwear of all kinds (reaching 1.9 billion USD); wood and wood products (reaching 1.42 billion USD); means of transportation and spare parts (reaching 1.19 billion USD).

In total, the export value of these 7 groups of goods reached 22.45 billion USD, accounting for 72% of the total export value of the country.

The General Department of Customs recorded the import-export value of FDI enterprises in January 2025 at 42.64 billion USD, down 6.8%, equivalent to a decrease of 3.09 billion USD compared to the previous month. Compared to the same period last year, the import-export value of this business segment decreased by 4.1%, equivalent to a decrease of 1.81 billion USD. Of which, the export value reached 23.47 billion USD, down 5.6% and the import value was 19.17 billion USD, down 2.2% compared to January 2024.

Meanwhile, the import and export of domestic enterprises is worth 20.61 billion USD, down 16.9% compared to the previous month, equivalent to a decrease of 4.19 billion USD. Compared to the same period last year, the import-export value of this business segment decreased by 1.7%, equivalent to a decrease of 350 million USD. Of which, the exports of this business sector reached 9.72 billion USD, up 0.2% and the imports were 10.89 billion USD, down 3.3%.

In January 2025, the trade balance of goods had a trade surplus of 3.03 billion USD (the same period last year had a trade surplus of 3.7 billion USD). Of which, the domestic economic sector imported a surplus of 1.4 billion USD; the foreign-invested sector (including crude oil) exported a surplus of 4.43 billion USD.

According to data, in January 2025, the trade balance of goods had a trade surplus of 3.03 billion USD (the same period last year had a trade surplus of 3.7 billion USD). Of which, the domestic economic sector imported a surplus of 1.4 billion USD; the foreign-invested sector (including crude oil) exported a surplus of 4.43 billion USD.

Thạch Lam
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