According to the General Statistics Office (Ministry of Finance), during the first two months of 2025, Vietnam recorded 12 major export commodities achieving a growth in export value of over USD 1 billion.
Notably, several key export sectors that faced difficulties in 2023 have now rebounded strongly, showing double-digit growth rates and regaining momentum.
Strong Growth Across Main Export Categories
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Among commodities with export values exceeding USD 5 billion, four categories stood out:
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Electronics, computers, and components: USD 12.5 billion, up 25% year-on-year.
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Phones and accessories: USD 9.2 billion, down 3.1%.
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Machinery, equipment, tools, and spare parts: USD 7.6 billion, up 10.3%.
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Textiles and garments: USD 5.6 billion, up 9.3%.
Additionally, several other export categories surpassed the USD 1 billion threshold:
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Wood and wood products: USD 2.1 billion, up 6.8%.
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Footwear of all kinds: USD 2.5 billion, up 7.2%.
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Seafood: USD 1.43 billion, down 2.5%.
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Coffee: USD 1.1 billion, up 18.5%.
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Rice: USD 1.2 billion, up 12.7%.
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Rubber: USD 1.05 billion, up 9.1%.
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Iron and steel: USD 1.3 billion, up 11.4%.
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Cashew nuts: USD 1.02 billion, up 14.6%.
Emerging Sectors Showing Strong Momentum
While not yet exceeding USD 1 billion, several other commodities posted impressive growth and are on track to break the threshold soon:
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Pepper: USD 720 million, up 22.1%, thanks to improved export prices.
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Fruits and vegetables: USD 930 million, up 16.8%, led by strong demand for dragon fruit, mango, passion fruit, and jackfruit in China and Europe.
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Plastic products: USD 870 million, up 13.5%, driven by increased orders from Japan, the U.S., and Europe.
Export Structure by Product Group
Vietnam’s manufactured and processed industrial goods continued to dominate exports, reaching USD 57.01 billion, accounting for 88.7% of total export turnover.
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Agricultural and forestry products: USD 5.35 billion (8.3%).
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Seafood products: USD 1.43 billion (2.2%).
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Fuels and minerals: USD 0.48 billion (0.8%).
Outlook: Stable Growth with Challenges Ahead
Experts predict that Vietnam’s export performance will maintain its stable growth trajectory in the coming months, supported by the recovery of key global markets, favorable trade policies, and efforts by domestic enterprises to improve product quality and competitiveness.
However, exporters continue to face challenges such as exchange rate fluctuations, rising logistics costs, and stricter quality and sustainability standards from international markets.
To sustain growth, businesses are encouraged to invest in technology, diversify export markets, and optimize production costs.
Strategic Direction for 2025
To achieve the 2025 export growth target of over 12% and a trade surplus of USD 30 billion, the Ministry of Industry and Trade issued Directive No. 06/CT-BCT on March 4, 2025, outlining key measures to expand markets, boost exports, and manage imports.
The directive emphasizes leveraging opportunities from global economic recovery, controlled inflation, and tariff reduction commitments under free trade agreements (FTAs) — providing a solid foundation for Vietnam’s export sector to thrive in 2025 and beyond.