The total import-export turnover reached over $801 billion as of November 15, 2025

Vietnam's Economy Sets a New Record

Citing data from the General Department of Vietnam Customs, the Tiền phong newspaper reported that in the first half of November (November 1–15), the country's total import-export turnover reached $38.35 billion.

• Exports reached $19.25 billion, with key product groups including: Computers, electronic products, and components ($4.8 billion); machinery, equipment, tools, and spare parts ($2.36 billion); phones and components ($2.16 billion); textiles and garments ($1.39 billion); and footwear (over $1 billion).
• Conversely, imports reached $19.1 billion. The two main groups exceeding $1 billion were: Computers, electronic products, and components ($6.62 billion); and machinery, equipment, tools, and spare parts ($2.59 billion).

From the beginning of the year until November 15, the total import-export turnover surpassed $801 billion, marking an all-time high. Specifically, exports reached $410.28 billion, and imports reached $390.74 billion, resulting in a trade surplus of $19.54 billion.

With this achievement, the target of $900 billion in import-export turnover for 2025 is becoming more feasible. If reached, Vietnam's trade activity in 2025 will simultaneously achieve two significant milestones: $800 billion and $900 billion.

The data indicates a strong recovery in both the scale and speed of Vietnam's trade. According to Customs, export growth is driven by three main factors:

• The processing and manufacturing industry continues to play a leading role. Electronics, phones, machinery, and components remain the highest-contributing groups in the export structure, benefiting from the global supply chain shift.
• Domestic enterprises are effectively utilizing existing Free Trade Agreements (FTAs), especially with Europe, Japan, South Korea, and ASEAN.
• The increased demand for imported raw materials for production indicates continuous expansion of domestic production capacity, providing a push for exports in the final months of the year.

Among the top 15 nations with the largest global trade turnover

Experts believe the $900 billion target for 2025 is well-founded, particularly since Vietnam has not surpassed the $769 billion mark for many years.

Mr. Sacha Dray, a World Bank economist in Vietnam, noted that the context at the beginning of 2025 was very different from now, with many geopolitical fluctuations and difficulties. At that time, import-export businesses were concerned about US reciprocal tax policies. However, many policies have since been implemented, helping exports to recover strongly.

He emphasized that Vietnam is growing at 23% compared to the same period last year, reaching $113 billion in exports to the US—a historical high. According to Mr. Dray, this result is due to the timely management by the State and the Government, coupled with efforts to support businesses amid many uncertainties.

Dr. Le Duy Binh, Director of Economica Vietnam, commented that despite a heavy reliance on the global market, Vietnam has achieved impressive import-export growth. While many economies are recovering slowly, Vietnam could reach the $800–$850 billion milestone this year—a new record—demonstrating the international market's strong confidence in Vietnamese goods and production capacity.

Previously, at the Trade Promotion briefing in August 2025, Minister of Industry and Trade Nguyen Hong Dien predicted, "If this growth momentum is maintained and secured, our total annual import-export turnover is estimated to reach about $800 billion (now the expectation has been raised to $900 billion) - this will be the first record in Vietnam's history, and we will continue to be among the approximately 15 countries with the largest trade turnover in the world."