According to preliminary statistics from the General Department of Customs, the total import-export value of Vietnam's goods in the second half of May 2025 (from May 16 to 31.5) reached 42.45 billion USD, up 17.6% compared to the first half of the month. Thanks to the strong increase in exports, the trade balance this period has a surplus of 2.94 billion USD, raising the trade surplus in the first 5 months of the year to 4.67 billion USD.
In the first 5 months, the total import-export turnover of the country reached 355.79 billion USD, up 15.7% over the same period in 2024. Of which, FDI enterprises continued to dominate with 243.53 billion USD, up 17.3%; while domestic enterprises reached 112.26 billion USD, up 12.2%.
Exports accelerate thanks to key goods
Export turnover in the second period of May reached 22.69 billion USD, a sharp increase of 34.4% over the first period. Growth mainly came from electronics, machinery, textiles and wood. Notably, steel products have more than doubled, reaching an increase of 114.8%.
By the end of May, the total export value reached 180.23 billion USD, up 14% over the same period last year. The FDI enterprise sector alone reached 130.01 billion USD, up 15%, accounting for more than 72% of the total export turnover of the country.
Import increases slightly, mainly from production input
On the contrary, import of goods in the second quarter of May reached 19.76 billion USD, up 2.9% over the first quarter. Some groups of goods with significant increases in imports include: machinery, equipment, electronic components, liquefied gas and corn. However, many raw materials such as crude oil, fabric, chemicals and wheat have decreased.
Total import turnover in 5 months reached 175.56 billion USD, up 17.5%. Of which, the imported FDI volume was 113.52 billion USD, up 20.2% and accounted for nearly 65% of total import turnover.
