According to data from the Statistics Department (Ministry of Finance), in January 2026, the total import and export turnover of goods reached 88.16 billion USD, down 0.6% compared to the previous month and up 39% compared to the same period last year, of which exports increased by 29.7%; imports increased by 49.2%. Trade balance of goods with a trade deficit of 1.78 billion USD.
In which, the export turnover of goods in January 2026 reached 43.19 billion USD, down 2% compared to the previous month. The domestic economic sector reached 9.51 billion USD, down 2.0%; the foreign-invested sector (including crude oil) reached 33.68 billion USD, down 1.9%. Compared to the same period last year, the export turnover of goods in January increased by 29.7%, of which the domestic economic sector decreased by 1.3%, accounting for 22% of total export turnover; the foreign-invested sector (including crude oil) increased by 42.2%, accounting for 78%.
In January 2026, there were 9 items with export turnover of over 1 billion USD, accounting for 72.4% of total export turnover. Regarding the structure of export commodity groups in January 2026, the group of processed industrial goods reached 38.43 billion USD, accounting for 89%; the group of agricultural and forestry products reached 3.65 billion USD, accounting for 8.5%; the group of seafood reached 1.01 billion USD, accounting for 2.3%; the group of fuel and minerals reached 0.1 billion USD, accounting for 0.2%.
According to the Statistics Office, the import turnover of goods in January 2026 reached 44.97 billion USD, up 0.6% compared to the previous month. Of which, the domestic economic sector reached 12.91 billion USD, down 11.4%; the foreign-invested sector reached 32.06 billion USD, up 6.5%. Compared to the same period last year, the import turnover of goods in January 2026 increased by 49.2%, of which the domestic economic sector increased by 18.2%; the foreign-invested sector increased by 66.8%.
In January 2026, there were 8 imported items worth over 1 billion USD, accounting for 64.9% of total import turnover (one imported item was over 10 billion USD, accounting for 37%).
Regarding the structure of imported goods in January 2026, the group of production materials reached 42.3 billion USD, accounting for 94%, of which the group of machinery, equipment, tools and spare parts accounted for 56.1%; the group of raw materials, fuels, and materials accounted for 37.9%. The group of consumer goods reached 2.67 billion USD, accounting for 6%.
Regarding the import and export market for goods in January 2026, the United States is Vietnam's largest export market with a turnover of 13.9 billion USD. China is Vietnam's largest import market with a turnover of 19.0 billion USD.
In January 2026, trade surplus to the United States reached 12 billion USD, up 28.6% compared to the same period last year; trade surplus to the EU 3.9 billion USD, up 3.9%; trade surplus to Japan 0.2 billion USD, down 59.9%; trade deficit from China 12.7 billion USD, up 52.1%; trade deficit from Korea 3.4 billion USD, up 74.9%; trade deficit from ASEAN 1.3 billion USD, up 92.2%.
