COUNTRY'S NEWS

Seven Export Groups Surpass USD 1 Billion in January 2025

Posted on by content02.vinahugo
09
Oct

In January 2025, Vietnam recorded seven export product groups each achieving export values of over USD 1 billion, according to the General Department of Customs.

These seven key export categories include:

  • Computers, electronic products and components – USD 6.05 billion

  • Phones and components – USD 4.93 billion

  • Machinery, equipment, tools, and spare parts – USD 3.86 billion

  • Textiles and garments – USD 3.19 billion

  • Footwear – USD 1.9 billion

  • Wood and wood products – USD 1.42 billion

  • Transport vehicles and spare parts – USD 1.19 billion

Together, these groups contributed USD 22.45 billion, accounting for 72% of Vietnam’s total export value in January.

Export Performance Overview

Vietnam’s total export turnover in January 2025 reached USD 33.19 billion, down 6.6% from the previous month and 4% year-on-year.

Breakdown by markets:

  • United States: USD 10.5 billion (+4.6%)

  • European Union (EU-27): USD 4.72 billion (+3.5%)

  • China: USD 3.65 billion (–19.7%)

  • ASEAN: USD 2.79 billion (–13.8%)

  • South Korea: USD 2.2 billion (–5.5%)

  • Japan: USD 2.15 billion (–3.5%)

Exports to these six major markets totaled USD 26.01 billion, representing nearly 80% of Vietnam’s total export value.

FDI and Domestic Enterprise Trade Performance

The foreign-invested (FDI) sector recorded a total import-export turnover of USD 42.64 billion, down 6.8% (a decrease of USD 3.09 billion) compared to December 2024.
Year-on-year, FDI trade value dropped 4.1% (USD 1.81 billion).

  • FDI exports: USD 23.47 billion (–5.6%)

  • FDI imports: USD 19.17 billion (–2.2%)

Meanwhile, domestic enterprises posted a total trade value of USD 20.61 billion, down 16.9% from the previous month (a decrease of USD 4.19 billion) and 1.7% year-on-year.

  • Domestic exports: USD 9.72 billion (+0.2%)

  • Domestic imports: USD 10.89 billion (–3.3%)

Trade Surplus Maintained at USD 3.03 Billion

Vietnam recorded a trade surplus of USD 3.03 billion in January 2025, slightly lower than the USD 3.7 billion surplus recorded during the same period in 2024.

  • Domestic sector: trade deficit of USD 1.4 billion

  • FDI sector (including crude oil): trade surplus of USD 4.43 billion