The Statistics Office (Ministry of Finance) said that in July, the total import and export turnover of goods reached 82.27 billion USD, up 8.0% over the previous month and up 16.8% over the same period last year. In the first seven months of 2025, the total import and export turnover of goods reached 514.7 billion USD, up 16.3% over the same period last year, of which exports increased by 14.8%; imports increased by 17.9%. The trade balance of goods had a surplus of 10.18 billion USD.
Export turnover of goods in July reached 42.27 billion USD, up 6.9% over the previous month. Of which, the domestic economic sector reached 8.95 billion USD, up 3.5%; the foreign-invested sector (including crude oil) reached 33.32 billion USD, up 7.9%. Compared to the same period last year, the export turnover of goods in July increased by 16.0%, of which the domestic economic sector decreased by 10.3%, the foreign-invested sector (including crude oil) increased by 25.9%.
In the first 7 months of 2025, the export turnover of goods reached 262.44 billion USD, up 14.8% over the same period last year. Of which, the domestic economic sector reached 67.48 billion USD, up 6.7%, accounting for 25.7% of total export turnover; the foreign-invested sector (including crude oil) reached 194.96 billion USD, up 17.9%, accounting for 74.3%.
In the first seven months of 2025, there were 28 items with export turnover of over 1 billion USD, accounting for 91.7% of total export turnover (there were 9 items with export turnover of over 5 billion USD, accounting for 72.3%).
Regarding the structure of export goods in the first 7 months of 2025, the group of processed industrial goods reached 232.37 billion USD, accounting for 88.6%; the group of agricultural and forestry products reached 22.4 billion USD, accounting for 8.5%; the group of seafood goods reached 6.08 billion USD, accounting for 2.3%; the group of fuel and mineral goods reached 1.59 billion USD, accounting for 0.6%.
Import-export turnover of goods in July reached 40.0 billion USD, up 9.1% over the previous month. Of which, the domestic economic sector reached 11.29 billion USD, up 4.6%; the foreign-invested sector reached 28.71 billion USD, up 11%. Compared to the same period last year, the import turnover of goods in July increased by 17.8%, of which the domestic economic sector decreased by 5%; the foreign-invested sector increased by 30%.
In the first 7 months of 2025, the import turnover of goods reached 252.26 billion USD, up 17.9% over the same period last year, of which the domestic economic sector reached 84.07 billion USD, up 8%; the foreign-invested sector reached 168.19 billion USD, up 23.6%.
In the first 7 months of 2025, there were 36 imported items with a value of over 1 billion USD, accounting for 90.5% of total import turnover (there were 9 imported items over 5 billion USD, accounting for 64.1%).
Regarding the structure of imported goods in the first seven months of 2025, the group of manufactured materials reached 236.57 billion USD, accounting for 93.8%, of which the group of machinery, equipment and spare parts accounted for 51.7%; the group of raw materials, raw materials and materials accounted for 42.1%. The group of consumer goods reached 15.69 billion USD, accounting for 6.2%.
Regarding the import and export market of goods in the first 7 months of 2025, the United States is Vietnam's largest export market with a turnover of 85.1 billion USD. China is Vietnam's largest import market with a turnover of 101.5 billion USD.
In the first 7 months of 2025, the trade surplus to the US reached 74.6 billion USD, up 28.6% over the same period last year; trade surplus to the EU was 22.3 billion USD, up 9.9%; trade surplus to Japan was 1.3 billion USD, up 21.0%; trade surplus from China was 66.5 billion USD, up 41.1%; trade surplus from Korea was 17.4 billion USD, down 0.2%; trade surplus from ASEAN was 8.5 billion USD, up 63.0%.
In the first 7 months of 2025, the trade balance of goods had a trade surplus of 10.18 billion USD (the same period last year had a trade surplus of 14.63 billion USD). Of which, the domestic economic sector imported a surplus of 16.6 billion USD; the foreign-invested sector (including crude oil) exported a surplus of 26.78 billion USD.
