Vietnam Trade Trends May 2025

According to data released by the General Statistics Office, Vietnam’s international trade reached USD 356 billion in the first five months of 2025, marking a year-on-year increase of 15.7 per cent. Exports rose by 14 per cent to USD 180 billion, while imports grew by 17.5 per cent to USD 176 billion over the same period.

Growth in key export sectors – particularly consumer goods such as electronics, textiles, and machinery – continues to reinforce Vietnam’s position as a reliable global manufacturing and export hub.

Exports of computers, electronics, and components reached nearly USD 38.5 billion, up close to 40 per cent year-on-year.  Machinery, equipment, tools, and spare parts totalled USD 22 billion, increasing by 16.4 per cent, while textiles and garments rose by 12 per cent to USD 15 billion.

The United States, China, South Korea, Japan, and the European Union remain among Vietnam’s top trading partners.

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.