Vietnam Records Nearly $14 Billion Trade Surplus in First Eight Months of This Year

Specifically, in August, the export value of goods reached 43.39 billion USD, an increase of 2.6% month-on-month. Among them, the export value of Vietnam’s domestic economic sector reached 9.16 billion USD, up 2.4%; and the export value of the foreign-invested sector (including crude oil) reached 34.22 billion USD, up 2.6%. Compared with the same period last year, the export value of goods in August increased by 14.5%. Among them, the export value of Vietnam’s domestic economic sector decreased by 17.1%, while that of the foreign-invested sector (including crude oil) increased by 27.5%.

The total export value of Vietnamese goods in the first eight months of this year reached $305.96 billion, an increase of 14.8% year-on-year. Of this, the export value from the domestic economic sector was $76.69 billion, up 3.2%, accounting for 25.1% of the total export value. The export value from the foreign-invested sector (including crude oil) was $229.27 billion, an increase of 19.3%, accounting for 74.9%.

In the first eight months of this year, there were 29 products with export values exceeding 1 billion USD, accounting for 92.1% of Vietnam's total exports (among them, 7 products had export values exceeding 10 billion USD, accounting for 67.8%).

In the first eight months of 2025, the export value of manufactured industrial goods reached 271.06 billion USD, accounting for 88.6%; the export value of agricultural and forestry products reached 25.92 billion USD, accounting for 8.5%; the export value of aquatic products reached 7.15 billion USD, accounting for 2.3%; the export value of fuel and mineral products reached 1.83 billion USD, accounting for 0.6%.

In terms of imports, the value of imported goods in August reached 39.67 billion USD, a decrease of 0.8% compared to the previous month. Among them, imports by the domestic economic sector amounted to 10.76 billion USD, down 4.6%, while imports by the foreign-invested sector reached 28.91 billion USD, up 0.7%.

In the first eight months of this year, Vietnam's total goods import value reached 291.97 billion USD, representing a year-on-year increase of 17.9%. Among this, the import value of the domestic economic sector in Vietnam was 94.77 billion USD, growing by 5.3%, while the foreign-invested economic sector reached 197.2 billion USD, increasing by 25.1%.

From January to August, there were 38 commodities with an import value exceeding USD 1 billion, accounting for 91.2% of the total imports (among them, 2 commodities had an import value exceeding USD 10 billion, accounting for 46.2%).

From the perspective of the structure of imported goods, in the first eight months, the import value of production raw materials reached 273.91 billion USD, accounting for 93.8%. Among them, the import value of machinery, equipment, tools, and spare parts reached 52.2%, while the import value of raw materials, fuels, and materials accounted for 41.6%. Consumer goods amounted to 18.06 billion USD, accounting for 6.2%.

By August 2025, the United States was Vietnam's largest export market, with exports totaling $99.1 billion. China was Vietnam's largest import market, with imports totaling $117.9 billion.

In the first eight months, Vietnam's trade surplus with the United States reached 87 billion USD, an increase of 26.8% year-on-year; the trade surplus with the European Union reached 25.6 billion USD, an increase of 10%; the trade surplus with Japan reached 1.5 billion USD, a decrease of 9.3%; the trade deficit with China reached 75.9 billion USD, an increase of 39.8%; the trade deficit with South Korea reached 20.1 billion USD, an increase of 0.7%; the trade deficit with ASEAN reached 9.4 billion USD, an increase of 69.1%.

Preliminary statistics show that in August, the goods trade surplus reached 3.72 billion USD. From January to August 2025, the accumulated goods trade surplus reached 13.99 billion USD (compared to a trade surplus of 18.84 billion USD in the same period last year); among this, the domestic economic sector had a trade deficit of 18.08 billion USD, while the foreign-invested economic sector (including oil) had a trade surplus of 32.07 billion USD.

To strengthen import and export efforts, the leaders of the Vietnamese Ministry of Industry and Trade have instructed relevant functional units to continue improving advisory quality, perfect mechanisms and policies, and implement the free trade agreements Vietnam has joined. This is aimed at assisting Vietnamese enterprises in participating in the production supply chains of foreign-invested enterprises and large multinational corporations, creating markets for industrial development. Additionally, timely information regarding market demands, regulations, and new policies should be provided, along with consultation services to enterprises, associations, and the import-export sector.