According to data released by the General Statistics Office (Ministry of Finance) on the morning of August 6, 2025, the total export-import turnover of goods in July 2025 reached USD 82.27 billion, up 8.0% compared to the previous month and up 16.8% year-on-year.
For the first seven months of 2025, total export-import turnover reached USD 514.7 billion, an increase of 16.3% compared to the same period last year, with exports rising by 14.8% and imports increasing by 17.9%.
More specifically, the export turnover of goods in July 2025 reached USD 42.27 billion, up 6.9% from the previous month. Of this, the domestic economic sector contributed USD 8.95 billion, an increase of 3.5%, while the foreign-invested sector (including crude oil) accounted for USD 33.32 billion, up 7.9%.
Compared to the same period last year, the export turnover of goods in July 2025 increased by 16.0%, with the domestic economic sector decreasing by 10.3%, while the foreign-invested sector (including crude oil) rose by 25.9%.
In total, during the first seven months of 2025, export turnover reached USD 262.44 billion, up 14.8% year-on-year. Of this, the domestic sector contributed USD 67.48 billion, up 6.7%, accounting for 25.7% of total exports; the foreign-invested sector (including crude oil) reached USD 194.96 billion, up 17.9%, accounting for 74.3%.
In the first seven months of 2025, there were 28 export items with a turnover of over USD 1 billion, accounting for 91.7% of total exports (of which 9 items recorded over USD 5 billion, making up 72.3%).
Regarding the export structure by commodity group over the seven-month period, processed industrial goods reached USD 232.37 billion, accounting for 88.6%; agricultural and forestry products reached USD 22.4 billion, accounting for 8.5%; seafood reached USD 6.08 billion, accounting for 2.3%; and fuels and minerals reached USD 1.59 billion, accounting for 0.6%.
From the opposite side, the import turnover of goods in July 2025 reached USD 40.0 billion, up 9.1% compared to the previous month. Of this, the domestic economic sector recorded USD 11.29 billion, up 4.6%; while the foreign-invested sector reached USD 28.71 billion, up 11.0%.
Compared to the same period last year, the import turnover in July 2025 increased by 17.8%, with the domestic sector down 5.0%, and the foreign-invested sector up 30.0%.
For the first seven months of 2025, the total import turnover reached USD 252.26 billion, up 17.9% year-on-year. Of which, the domestic sector contributed USD 84.07 billion, up 8.0%, and the foreign-invested sector reached USD 168.19 billion, up 23.6%.
In the first seven months of 2025, there were 36 imported items with a value exceeding USD 1 billion, accounting for 90.5% of total import turnover (of which 9 items had import values over USD 5 billion, accounting for 64.1%).
Regarding the import structure in the first seven months of 2025, production materials reached USD 236.57 billion, accounting for 93.8%, including machinery, equipment, tools, and spare parts which made up 51.7%; raw materials, fuels, and materials accounted for 42.1%. Consumer goods reached USD 15.69 billion, accounting for 6.2%.
Regarding the export-import markets in the first seven months of 2025, the United States was Vietnam’s largest export market with turnover reaching USD 85.1 billion. China was Vietnam’s largest import market with turnover reaching USD 101.5 billion.
In the first seven months of 2025, the trade surplus with the United States reached USD 74.6 billion, up 28.6% compared to the same period last year; the trade surplus with the EU was USD 22.3 billion, up 9.9%; with Japan, USD 1.3 billion, up 21.0%. Meanwhile, the trade deficit from China was USD 66.5 billion, up 41.1%; from South Korea, USD 17.4 billion, down 0.2%; and from ASEAN, USD 8.5 billion, up 63.0%.
Thus, based on these results, the preliminary trade balance for goods in July 2025 recorded a trade surplus of USD 2.27 billion. For the first seven months of 2025, the trade balance showed a surplus of USD 10.18 billion (compared to a surplus of USD 14.63 billion in the same period last year). Within this, the domestic economic sector had a trade deficit of USD 16.6 billion, while the foreign-invested sector (including crude oil) recorded a trade surplus of USD 26.78 billion.
Source: vneconomy.vn
