The United States is Vietnam's largest export market with a turnover of 99.1 billion USD

Thạch Lam |

In the first 8 months of 2025, the United States is Vietnam's largest export market with a turnover of 99.1 billion USD.

According to data from the Statistics Office (Ministry of Finance), in August, the total import and export turnover of goods reached 83.06 billion USD, up 0.9% over the previous month and up 16.0% over the same period last year. In the first eight months of 2025, the total import and export turnover of goods reached 597.93 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 13.99 billion USD.

Export turnover reaches 42.29 billion USD

Export turnover of goods in August reached 43.39 billion USD, up 2.6% over the previous month. Of which, the domestic economic sector reached 9.16 billion USD, up 2.4%; the foreign-invested sector (including crude oil) reached 34.22 billion USD, up 2.6%. Compared to the same period last year, the export turnover of goods in August increased by 14.5%, of which the domestic economic sector decreased by 17.1%, the foreign-invested sector (including crude oil) increased by 27.5%.

In the first eight months of 2025, the export turnover of goods reached 305.96 billion USD, up 14.8% over the same period last year. Of which, the domestic economic sector reached 76.69 billion USD, up 3.2%, accounting for 25.1% of total export turnover; the foreign-invested sector (including crude oil) reached 229.27 billion USD, up 19.3%, accounting for 74.9%.

In the first eight months of 2025, there were 29 items with export turnover of over 1 billion USD, accounting for 92.1% of total export turnover (there were 7 items with export turnover of over 10 billion USD, accounting for 67.8%).

Regarding the structure of export goods in the first eight months of 2025, the group of processed industrial goods reached 271.06 billion USD, accounting for 88.6%; the group of agricultural and forestry products reached 25.92 billion USD, accounting for 8.5%; the group of seafood goods reached 7.15 billion USD, accounting for 2.3%; the group of fuel and mineral goods reached 1.83 billion USD, accounting for 0.6%.

Import turnover reaches 40.0 billion USD

Import-export turnover of goods in August reached 39.67 billion USD, down 0.8% compared to the previous month. Of which, the domestic economic sector reached 10.76 billion USD, down 4.6%; the foreign-invested sector reached 28.91 billion USD, up 0.7%. Compared to the same period last year, the import turnover of goods in August increased by 17.7%, of which the domestic economic sector decreased by 11.3%; the foreign-invested sector increased by 34.0%.

In the first eight months of 2025, the import turnover of goods reached 291.97 billion USD, up 17.9% over the same period last year, of which the domestic economic sector reached 94.77 billion USD, up 5.3%; the foreign-invested sector reached 197.2 billion USD, up 25.1%.

In the first eight months of 2025, there were 38 imported items with a value of over 1 billion USD, accounting for 91.2% of total import turnover (there were 2 imported items over 10 billion USD, accounting for 46.2%).

Regarding the structure of imported goods in the first eight months of 2025, the group of manufactured materials reached 273.91 billion USD, accounting for 93.8%, of which the group of machinery, equipment and spare parts accounted for 52.2%; the group of raw materials, raw materials and materials accounted for 41.6%. The group of consumer goods reached 18.06 billion USD, accounting for 6.2%.

Regarding the import and export market for goods in the first eight months of 2025, the United States is Vietnam's largest export market with a turnover of 99.1 billion USD. China is Vietnam's largest import market with a turnover of 117.9 billion USD.

According to preliminary data, the trade balance of goods in July had a trade surplus of 2.29 billion USD; seven months had a trade surplus of 10.27 billion USD; August had a trade surplus of 3.72 billion USD. In the first eight months of 2025, the trade balance of goods had a trade surplus of 13.99 billion USD (the same period last year had a trade surplus of 18.84 billion USD). Of which, the domestic economic sector has a trade surplus of 18.08 billion USD; the foreign-invested sector (including crude oil) has a trade surplus of 32.07 billion USD.

Thạch Lam
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