According to data released by the Statistics Department of Vietnam's Ministry of Finance on the morning of August 6th, Vietnam's import and export situation continued to show a positive trend. Specifically, in July 2025, Vietnam's total import and export value reached US$82.27 billion, an increase of 8% month-on-month and 16.8% year-on-year.
In the first seven months of 2025, Vietnam's total import and export value reached US$514.7 billion, an increase of 16.3% year-on-year, with exports increasing by 14.8% and imports increasing by 17.9%. The trade surplus reached US$10.18 billion.
The Statistics Department pointed out that in July, Vietnam's merchandise exports reached US$42.27 billion, an increase of 6.9% compared to the previous month; of which, exports from the domestic economy sector amounted to US$8.95 billion, an increase of 3.5%; and exports from foreign-invested enterprises (including crude oil) amounted to US$33.32 billion, an increase of 7.9%.
Compared with the same period last year, Vietnam's merchandise exports in July increased by 16%; of which, exports from domestic enterprises decreased by 10.3%, while exports from foreign-invested enterprises (including crude oil) increased by 25.9%.
In the first seven months of this year, Vietnam's total merchandise exports reached US$262.44 billion, a year-on-year increase of 14.8%. Domestic enterprises exported US$67.48 billion, up 6.7%, accounting for 25.7% of total exports; foreign-invested enterprises (including crude oil) exported US$194.96 billion, up 17.9%, accounting for 74.3%.
Notably, 28 types of goods had export values exceeding US$1 billion, accounting for 91.7% of total exports; among these, 9 categories had export values exceeding US$5 billion, accounting for 72.3%.
On the import side, merchandise imports in July reached US$40 billion, a month-on-month increase of 9.1%. Domestic enterprises imported US$11.29 billion, up 4.6%; foreign-invested enterprises imported US$28.71 billion, up 11%. Compared with the same period last year, merchandise imports in July increased by 17.8%, with domestic enterprises' imports decreasing by 5% and foreign-invested enterprises' imports increasing by 30%. The cumulative merchandise imports for the first seven months reached US$252.26 billion, a year-on-year increase of 17.9%.
In the first seven months of this year, Vietnam's trade surplus with the EU reached US$22.3 billion, a year-on-year increase of 9.9%; its trade surplus with Japan was US$1.3 billion, an increase of 21%.
China is Vietnam's largest import market, with imports reaching US$101.5 billion. Vietnam's trade deficit with China was US$66.5 billion, a year-on-year increase of 41.1%; its trade deficit with South Korea was US$17.4 billion, a year-on-year decrease of 0.2%; and its trade deficit with ASEAN was US$8.5 billion, a year-on-year increase of 63%.
Preliminary statistics show that the goods trade surplus in July was US$2.27 billion. The cumulative goods trade surplus for the first seven months of this year reached US$10.18 billion.
To achieve its export targets, Vietnam's Ministry of Industry and Trade stated that export enterprises need to fully utilize existing advantages, namely the 17 free trade agreements (FTAs) signed with more than 60 countries and regions, and 70 bilateral cooperation mechanisms. At the same time, enterprises also need to vigorously promote the diversification of export markets. (End)
