Driving force for strong growth in Vietnam's trade
Monday, December 1,2025
AsemconnectVietnam - Trade continued to be a bright spot in Vietnam's economy as import-export turnover reached over 801 billion USD in mid-November of 2025.
The double-digit growth momentum shows the strong resilience of businesses and the manufacturing industry, despite the volatile global economic context.
Exports maintained positive momentum
Vietnam's import-export activities in the first half of November of 2025 showed stable and sustainable growth. According to the data from the Customs Department, the total import-export value reached about 38.35 billion USD, up by 0.84% compared to the first half of October and up by nearly 13% compared to the same period of 2024. This is a remarkable increase, reflecting the strong recovery of trade flows in the context of many challenges in the world economy.
From the beginning of the year to November 15, import-export turnover reached 801.02 billion USD, an increase of more than 17% over the same period last year. This breakthrough affirms the efforts of the Vietnamese business community and the process of improving the efficiency of the production and logistics system.
In the first half of November, export turnover reached 19.25 billion USD, a slight decrease of 0.5% compared to the previous period. Of the 5 export groups of over 1 billion USD, three groups had a decrease including phones and components, textiles, machinery and equipment - in which phones decreased the most with 245.5 million USD, equivalent to 10.2%. The exports of crude oil also decreased by nearly 30% compared to the previous period, showing short-term fluctuations in the market.
However, the group of computers, electronic products and components changed positively, continuing to play the role of "locomotive". Cumulatively from the beginning of the year, this group increased by over 30 billion USD, equivalent to 48.32%, reaching over 92 billion USD - the strongest increase among all industries.
In addition, 9 other groups also recorded an increase of over 1 billion USD such as coffee, toys - sports equipment, textiles, phones, footwear, means of transport, seafood and vegetables.
Totally to mid-November, the country’s export turnover reached 410.28 billion USD, an increase of 56.8 billion USD (16.09%). This is a very impressive figure in the context of complex global geopolitics and strong fluctuations in transportation costs.
Notably, the FDI enterprise sector continued to contribute nearly 80% of total export turnover, demonstrating its leading role in the global supply chain. Exports of this group increased by 0.4% compared to the previous period and increased by 25.6% compared to the same period last year.
Imports accelerated thanks to expanded production
On the import side, Vietnam recorded an increase of 2.22% in the first half of November, reaching 19.11 billion USD. Computers, electronic products and components continued to be a bright spot with an increase of over 400 million USD, reaching 6.62 billion USD, equivalent to 6.87%. This is an important "input" group of goods for the high-tech and processing - manufacturing industry.
The group of precious stones and precious metals increased by nearly 51%, showing that the market for specialized materials is bustling again. Machinery, equipment and spare parts maintained a turnover of over 2 billion USD and increased slightly by 1.14%. On the contrary, the group of imported phones and components decreased by more than 73 million USD, equivalent to more than 14%, reflecting a temporary adjustment in the production cycle of some large enterprises.
Accumulated from the beginning of the year to mid-November, the country’s import turnover reached 390.74 billion USD, an increase of 60.5 billion USD (18.32%). The two groups of goods with the strongest increase were computers - components (up by 36.54 billion USD, or 39.14%) and machinery, equipment - spare parts (up by 10.07 billion USD, or 23.95%). This showed the great demand for raw materials, components and machinery, especially from FDI enterprises. In the first half of November, the FDI sector imported about 13.59 billion USD, accounting for the majority of total import turnover. The imports of this sector increased by 319.89 million USD compared to the previous month and increased by nearly 3 billion USD compared to the same period last year. As of November 15, FDI imported 268.15 billion USD, up by 27.62%, clearly reflecting the trend of expanding production, investing in production lines and increasing processing and manufacturing for export.
Overall, Vietnam's import and export in 2025 is showing strong resilience, especially in the high-tech group and the FDI sector. Although some key industries have decreased cyclically, the stable trade flow since the beginning of the year has strengthened the confidence of the business community.
This positive momentum opens up prospects for Vietnam to enter 2026 with a more proactive mindset, better taking advantage of opportunities from the global market and consolidating its position in the international value chain.
CK
Source: VITIC/ haiquanonline.com.vn
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