AsemconnectVietnam - According to preliminary statistics from the Customs Department, the two-way trade relationship between Vietnam and Spain in the first 9 months of 2025 reached over 3.8 billion USD, an increase of 6.06% over the same period of 2024.

In particular, the exports to Spain in the first 9 months of 2025 reached over 2.8 billion USD and imports of Vietnamese goods from Spain reached over 625.11 million USD.
Vietnam's export of goods to Spain in the first 9 months of 2025
According to the preliminary statistics from the Customs Department, Vietnam's goods exported to the Spanish market in the first 9 months of 2025 reached over 3.1 billion USD, an increase of 4.1% over the same period last year.
Vietnam's main products exported to the Spanish market in the first 9 months of 2025
Among the main product groups of Vietnam exported to the Spanish market in the first 9 months of this year 2025, the group with the highest turnover was coffee, reaching 518.8 million USD, accounting for 16.3% of the total export turnover of all kinds of goods to this market, up by 52.9% over the same period last year.
The second in turnover was textiles and garments, reaching 498.3 million USD, accounting for 15.6% of the total export turnover, up by 9.5% over the same period last year. The next was the group of phones of all kinds and components reaching 381.1 million USD, accounting for 11.9% of the total export turnover.
In the first 9 months of 2025, some commodity groups had good export turnover growth, such as computers, electronic products and components increased by 55.6%; means of transport and spare parts increased by 37.8%; wood and wood products increased by 27.6%.
Vietnam's imports of goods from Spain in the first 9 months of 2025
In particular, goods imported from Spain into Vietnam reached over 625.11 million USD in the first 9 months of 2025, an increase of 16.96% compared to the first 9 months of 2024.
In September of 2025 alone, import turnover increased by 4.22% compared to August of 2025, reaching over 70.15 million USD and an increase of 6.75% compared to September of 2024.
In the opposite direction, goods exports to Spain reached over 3.18 billion USD in the first 9 months of 2025, an increase of 4.15% compared to the first 9 months of 2024. Thus, Vietnam's trade surplus with Spain in the first 9 months reached over 2.55 billion USD, an increase of 1.43% compared to the first 9 months of 2024.
In 2024, the two-way trade relationship between Vietnam and Spain reached nearly 4.72 billion USD, an increase of 19.87% compared to 2023. The trade surplus with Spain in 2024 reached 3.29 billion USD, an increase of 22.54%.
Vietnam's main imported goods from the Spanish market in the first 9 months of 2025
The largest group of imported goods from Spain in the past 9 months was pharmaceuticals, reaching nearly 93.69 million USD, accounting for 14.99% of the total import turnover of all kinds of goods from this market, down by 3.15% compared to the first 9 months of 2024.
The group of machinery, equipment, tools, and spare parts imported from Spain ranked second in terms of turnover, reaching 61.69 million USD, accounting for 9.87% of the total turnover, up by 18.15%. The next was the group of chemical products reached nearly 48.12 million USD, accounting for 7.7%, down by 10.72%; animal feed and raw materials reached 33.42 million USD, accounting for 5.35% of the total turnover, down by 48.09%.
Vietnam-Spain trade relations prospects
Vietnam-Spain trade relations are looking very positive, underpinned by a solid political foundation and important trade agreements. The two countries are moving towards establishing a Comprehensive Strategic Partnership, creating a strong driving force for economic cooperation.
The bilateral trade turnover has continued to grow impressively, reaching a record high in recent years. The goal of striving to exceed the 8 billion USD mark in the coming time is completely feasible.
The main lever is the EVFTA Agreement, opening up great opportunities for Vietnamese goods (such as phones, textiles, agricultural products, seafood) to penetrate deeper into the Spanish market. Vietnam is currently Spain's largest trading partner in ASEAN.
There is great room for cooperation in areas where Spain has strengths and Vietnam is in need of development: renewable energy, infrastructure (especially high-speed railways and seaports), and digital transformation.
Strengthening business connectivity, implementing new cooperation mechanisms (such as the Joint Committee on Economic, Trade and Investment) and supporting the ratification of EVIPA will be key factors to help the two countries' trade relations develop strongly and commensurate with their potential.
CK
Source: VITIC