Vietnam Import and Export Activities in 2025 Reach a Historic Record of Over USD 930 Billion
The strong growth momentum was driven by a solid recovery in manufacturing, the continued expansion of foreign direct investment enterprises, and rising demand in international trade. Real Logistics provides a comprehensive analysis of Vietnam’s import and export performance in 2025, covering overall scale, commodity structure, key trading markets, trade balance, and future prospects.
1. Overview of Vietnam’s Import and Export Performance in 2025
According to data released by the General Statistics Office, Vietnam’s total merchandise import and export turnover in 2025 reached USD 930.05 billion, the highest level recorded to date. Specifically:
Exports amounted to USD 475.04 billion, up 17.0 percent.
Imports reached USD 455.01 billion, increasing by 19.4 percent.
The trade balance recorded a surplus of USD 20.03 billion.
In December 2025 alone, total import and export turnover stood at USD 88.72 billion, showing strong growth compared with both the previous month and the same period of the previous year. This indicates that growth momentum remained stable through the end of the year.
2. Export Performance in 2025 Driven by the Manufacturing and Processing Sector
Vietnam’s total merchandise exports in 2025 reached USD 475.04 billion. Within this figure:
The foreign direct investment sector recorded USD 367.09 billion, growing by 26.1 percent and accounting for 77.3 percent of total exports.
The domestic economic sector achieved USD 107.95 billion, down 6.1 percent and representing 22.7 percent of total exports.
Notably, 36 export product categories achieved export values exceeding USD 1 billion, accounting for 94 percent of total export turnover. Among these, 8 product groups surpassed the USD 10 billion mark, contributing more than 70 percent of national export value.
3. Key Export Commodities in 2025
Major export product groups included:
Electronics, computers, and components with a value of USD 107.7 billion, up 48.4 percent.
Machinery, equipment, tools, and spare parts reaching USD 59.0 billion.
Mobile phones and components totaling USD 56.7 billion.
Textiles and garments, footwear, wood and wood products, and seafood continued to play a stable and important role.
In terms of structure, processed and manufactured industrial goods accounted for 88.7 percent of total exports, highlighting Vietnam’s strategic shift toward higher value added and deeper integration into global supply chains.
4. Import Activities in 2025 Supporting Production and Investment
On the import side, Vietnam’s total merchandise import turnover in 2025 reached USD 455.01 billion, representing an increase of 19.4 percent year on year. Of this total:
The foreign direct investment sector accounted for USD 317.63 billion, up 31.9 percent.
The domestic economic sector recorded USD 137.38 billion, down 2.0 percent.
There were 47 import product categories with values exceeding USD 1 billion, including 9 categories above USD 10 billion. These were primarily machinery, components, and raw materials used for production purposes.
Production inputs accounted for 93.6 percent of total import turnover, reflecting strong demand for capacity expansion and ongoing investment across manufacturing industries.
5. Key Import and Export Markets with the United States and China Playing a Dominant Role
The United States remained Vietnam’s largest export market, with export turnover reaching USD 153.2 billion.
China continued to be Vietnam’s largest import market, with import turnover totaling USD 186.0 billion.
In 2025, Vietnam recorded substantial trade surpluses with the United States and the European Union, while significant trade deficits were observed with China, South Korea, and ASEAN countries. This pattern clearly reflects Vietnam’s role within regional and global supply chains.
6. Trade Balance and Services Trade in 2025
For the full year 2025:
The merchandise trade balance posted a surplus of USD 20.03 billion.
The services trade balance recorded a deficit of USD 10.23 billion.
Services exports reached USD 30.31 billion, with tourism and transportation services standing out as key growth drivers. This highlights the strong growth potential of Vietnam’s services sector in the coming years.
7. Outlook and Implications for Businesses
The record breaking import and export performance in 2025 indicates that:
Vietnam is becoming increasingly integrated into international trade.
Businesses have significant opportunities in logistics, export activities, and supply chain development.
Demand for transportation, customs clearance, and warehousing services is expected to continue growing strongly.
These developments provide an important foundation for Vietnam’s ambition to become a major manufacturing and export hub in the Asia Pacific region in the years ahead.
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