Vietnam Trade Trends July 2025

According to data released by the General Statistics Office, Vietnam’s international trade reached USD 514 billion in the first seven months of 2025, marking a year-on-year increase of 16.3 per cent. Exports rose by 14.8 per cent to USD 262 billion, while imports grew by 17.9 per cent to USD 252 billion over the same period.

Vietnam’s overall exports in July rose 16 per cent from a year earlier to USD 42 billion, while imports increased 17.8 per cent to USD 40 billion, resulting in a trade surplus of USD 2 billion for the month.

The domestic sector recorded exports of USD 67 billion, up 6.7 per cent year-on-year and accounting for 25.7 per cent of the country’s total export value. The foreign-invested sector, including crude oil, posted USD 195 billion in exports, a 17.9 per cent increase, representing 74.3 per cent of the total.

Twenty-eight export items each generated over USD 1 billion, contributing 91.7 per cent of total export value. Among them, nine items surpassed USD 5 billion, accounting for 72.3 per cent of overall exports.

The United States remained Vietnam’s largest export market, with imports worth an estimated USD 85 billion. China was the largest supplier, with goods totalling USD 101 billion.

In its latest economic outlook, the International Monetary Fund projected Vietnam’s GDP growth rate at 5.2 per cent for 2025.

The Association of Southeast Asian Nations (ASEAN), a political and economic union, has a population of 667 million and a territory of 4.5 million km². It is currently the third-largest economy in Asia-Pacific and the fifth-largest in the world. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, according to estimates for 2024.