Vietnam's foreign trade saw strong growth in the first two months of 2026, with a trade surplus reaching US$2.98 billio

2026-03-06
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  Southeast Asia Information Port News (www.dnyxxg.com) On the morning of March 6, 2026, the Statistics Department of Vietnam's Ministry of Finance released its socio-economic situation report for February 2026, disclosing key data on the country's import and export of goods for the first two months of the year.

  The data shows that in January and February 2026, Vietnam's total import and export volume reached US$155.7 billion, a year-on-year increase of 22.2%; the cumulative trade surplus was US$2.98 billion, compared to a surplus of US$1.77 billion in the same period last year.

  Regarding exports, in February, Vietnam's goods exports amounted to US$33.06 billion, a decrease of 23.7% month-on-month but an increase of 5.7% year-on-year. Domestic enterprises exported US$6.44 billion, a decrease of 33.1% month-on-month and a decrease of 24.3% year-on-year; foreign-invested enterprises (including crude oil) exported US$26.62 billion, a decrease of 21% month-on-month but an increase of 17% year-on-year.

  China's total exports for January and February reached US$76.36 billion, a year-on-year increase of 18.3%. Domestic enterprises exported US$15.96 billion, a year-on-year decrease of 12%, accounting for 20.9% of total exports; foreign-invested enterprises (including crude oil) exported US$60.4 billion, a year-on-year increase of 30.1%, accounting for 79.1% of total exports.

  In the first two months, 13 categories of goods had export values ​​exceeding US$1 billion, accounting for 79.9% of total exports; among them, 4 categories had export values ​​exceeding US$5 billion, accounting for 57.4%.

  In terms of export structure, manufactured goods exports reached US$68.55 billion, accounting for 89.8%; agricultural and forestry products reached US$5.8 billion, accounting for 7.6%; aquatic products reached US$1.72 billion, accounting for 2.2%; and fuels and minerals reached US$290 million, accounting for 0.4%.

  Import Situation: In February, Vietnam's merchandise imports totaled US$34.1 billion, a decrease of 24.6% month-on-month but an increase of 4.4% year-on-year. Domestic enterprises imported US$9.55 billion, a decrease of 27.5% month-on-month and 19.6% year-on-year; foreign-invested enterprises imported US$24.55 billion, a decrease of 23.4% month-on-month but an increase of 18.1% year-on-year. The trade surplus for the month was US$1.04 billion.

  Policy Recommendations: Nguyen Thi Huong, Director of the General Statistics Office of Vietnam, recommended that to expand exports, the government should efficiently implement various export promotion programs, strengthen trade promotion activities, promote the diversification of supply chains, production chains, and import/export markets, improve product quality, and deeply participate in regional and global supply chains.

  At the same time, it is necessary to fully leverage the benefits of free trade agreements, consolidate key markets, explore emerging potential markets, seize development opportunities and recovery trends, make good use of bilateral and multilateral trade agreements, and strive to achieve a sustainable trade surplus. (End)

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