AsemconnectVietnam - Vietnam's total export and import turnover in the first six months of 2026 reached an impressive milestone of US$549.69 billion.

Despite a trade deficit of US$16.65 billion, this result reflects the recovery of production and strong demand for inputs from the FDI sector. This is a positive sign for the economy to accumulate capacity, aiming for double-digit growth.
According to the data reported by the General Statistics Office (Ministry of Finance), in June of 2026, the import and export turnover of goods reached US$104.22 billion, an increase of 5.2% compared to the previous month and a 36.3% increase compared to the same period last year; the cumulative figure for the first six months of 2026 reached US$549.69 billion, a 27.1% increase compared to the same period last year. This result demonstrates Vietnam's increasingly important position on the international trade map. Although the trade balance shifted from a surplus to a deficit of US$16.65 billion, experts consider this a positive sign reflecting the recovery of production.
Specifically, the group of production materials accounted for 94.1% of total import value, indicating that businesses are focusing on investing in machinery, technology, and raw materials to prepare for large orders in the future. The foreign direct investment (FDI) sector continues to assert its leading role, contributing nearly 80% of the country's export value and leading in the rate of import of production materials.
On the export side, the processing industry maintains its dominant position with 90% of the export value, with 29 items exceeding US$1 billion in value. Regarding markets, the United States continues to be Vietnam's largest export partner, while China remains its largest import market.
To maintain growth momentum and aim for double-digit economic growth, the Government and the Ministry of Industry and Trade have decisively implemented comprehensive solutions such as cutting 367 out of 658 business conditions, equivalent to over 55.7%; abolishing 111 administrative procedures and simplifying 177 administrative procedures; and optimizing Free Trade Agreements (FTAs).
Relevant ministries and agencies have also been directed to focus on removing bottlenecks in logistics, port infrastructure, and providing capital support to businesses. With thorough preparation in production capacity during the first half of the year, the current trade deficit is seen as a "compression of the spring" to create momentum for the explosion of high-value export goods, contributing to a breakthrough in the economy in the coming period.
CK
Source: VITICvneconomy.vn