Vietnam’s exports to Singapore in July 2025 increased by 58.1% year-on-year
According to the Vietnam Trade Office in Singapore, statistics from the Accounting and Corporate Regulatory Authority of Singapore (ACRA) show that in July 2025, Singapore’s total trade with the world reached SGD 121.6 billion, up 8.4% from the same period in 2024. Of this, exports accounted for SGD 64.3 billion (+8.6%), and importsreached SGD 57.3 billion (+8.1%).
Singapore’s trade with Vietnam reached SGD 3.6 billion, up 14.6% from July 2024. Specifically, Singapore’s exports to Vietnam were SGD 2.4 billion (nearly unchanged), while imports from Vietnam surged to SGD 1.2 billion, marking a 58.1% increase compared to the same month last year.
During the first seven months of 2025, Vietnam ranked as Singapore’s 10th largest trading partner, with bilateral trade totaling SGD 23.1 billion, up 26.1% year-on-year. Singapore’s exports to Vietnam reached SGD 16.3 billion(+20.2%), and imports from Vietnam totaled SGD 6.7 billion (+43%).
The Vietnam Trade Office in Singapore highlighted that this growth demonstrates the strong recovery of bilateral trade, particularly in high-tech products, energy, and machinery, reflecting deeper integration between the two economies and expanding opportunities for collaboration across supply chains, logistics, and industrial investment.