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| Workers at Binh Dinh Fishery Joint Stock Company (BIDIFISCO) process ocean tuna for export to Japan, the US and Europe__Photo: VNA |
Vietnam recorded a trade surplus of USD 13.99 billion in the first eight months of 2025, according to the National Statistics Office under the Ministry of Finance.
During the January–August period, the country’s total trade value reached USD 597.93 billion, up 16.3 percent year on year. Exports rose 14.8 percent to USD 305.96 billion, while imports climbed 17.9 percent to USD 291.97 billion.
In August alone, export turnover hit USD 43.39 billion, an increase of 2.6 percent from July and 14.5 percent from the same period last year. Of the value, the foreign-invested sector, including crude oil, continued to dominate, with USD 34.22 billion, while the domestic sector contributed USD 9.16 billion.
For the eight-month period, the foreign-invested sector, including crude oil, brought in USD 229.27 billion, up 19.3 percent and representing nearly 75 percent of total exports. The domestic sector contributed USD 76.69 billion, up 3.2 percent.
Key drivers included manufactured and processed goods, which generated USD 271.06 billion, or almost 89 percent of total exports. Agricultural and forestry products earned USD 25.92 billion, while seafood brought in USD 7.15 billion. Fuel and mineral exports stood at USD 1.83 billion.
Notably, 29 export items surpassed the USD-1-billion mark, accounting for over 92 percent of total export turnover. Of these, seven products, such as phones, electronics, and garments, each exceeded USD 10 billion.
Imports in August were estimated at USD 39.67 billion, down 0.8 percent from July.
In the eight months, 38 import items exceeded USD 1 billion in value, including two categories – computers/electronic products and machinery – each topping USD 10 billion.
Vietnam spent USD 273.91 billion on production materials, making up 94 percent of total imports. Machinery, equipment, tools, and spare parts accounted for 52.2 percent, while raw and intermediate materials represented 41.6 percent. Consumer goods imports reached USD 18.06 billion, or just over 6 percent of the total.
The US remained Vietnam’s largest export market, with shipments valued at USD 99.1 billion. Meanwhile, China continued to be the biggest source of imports at USD 117.9 billion.
Vietnam posted a trade surplus of USD 87 billion with the US, up 26.8 percent year on year, and USD 25.6 billion with the EU, up 10 percent.
The country also recorded a USD -1.5-billion surplus with Japan. On the other hand, it ran a trade deficit of USD 75.9 billion with China, USD 20.1 billion with the Republic of Korea, and USD 9.4 billion with ASEAN countries.- (VNA/VLLF)
