Vietnam gains trade surplus of 10.18 billion USD in the first seven months of 2025

Vietnam’s export earnings grew by 14.8% to 262.44 billion USD in the first seven months of this year, while its import turnover rose by 17.9% to 252.26 billion USD, resulting in a trade surplus of 10.18 billion USD, the National Statistics Office (NSO) reported on August 6, 2025.
Vietnam posts trade surplus of 10.18 billion USD in seven months
Vietnam posts trade surplus of 10.18 billion USD in the first seven months of 2025. (Photo: VNA)

The country's total import-export turnover reached 514.7 billion USD in the period, marking an increase of 16.3% year-on-year.

The domestic economic sector posted a growth rate of 6.7%% to 67.48 billion USD in exports, while the foreign-invested sector, including crude oil, increased by 17.9% to 194.96 billion USD.

The exports of processed industrial goods stood at 232.37 billion USD, accounting for 88.6% of the total export turnover. Agricultural and forestry products reached 22.4 billion USD, accounting for 8.5%; aquatic products 6.08 billion USD or 2.3%; and fuel and mineral products 1.59 billion USD, making up 0.6%.

Meanwhile, the imports of production materials were estimated at 236.57 billion USD, making up 93.8% of the total import turnover. Consumer goods hit 15.69 billion USD, accounting for 6.2%.

Vietnam ran a trade surplus of 22.3 billion USD with the EU in the first seven months, marking a 9.9% increase year-on-year, while the surplus with Japan rose 21% to 1.3 billion USD.

China remained Vietnam’s largest import market in the preriod, with turnover reaching 101.5 billion USD. Vietnam recorded a trade deficit of 66.5 billion USD with the neighbouirng country, up 41.1% year-on-year.

The trade deficit with the Republic of Korea stood at 17.4 billion USD, slightly down 0.2%, while the deficit with ASEAN rose sharply by 63% to 8.5 billion USD.

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(Source: VNA)