According to preliminary data from the General Department of Customs, from the beginning of 2025 to mid-April, Vietnam’s total export turnover reached nearly USD 120 billion, marking an increase of 16.3% compared to the same period in 2024. Notably, four product groups have already surpassed the USD 10 billion export milestone.
Import-Export Overview
During the first half of April 2025 (April 1–15), Vietnam’s total import-export value reached USD 35.44 billion, down 10.6% (equivalent to a decrease of USD 4.2 billion) compared to the latter half of March 2025.
As of April 15, 2025, the country’s total trade turnover stood at USD 237.97 billion, up 16.5% (an absolute increase of USD 33.71 billion) compared to the same period in 2024.
The total import-export value of foreign direct investment (FDI) enterprises reached USD 159.17 billion, an increase of 15.6% (equivalent to USD 21.53 billion).
In the first half of April 2025, Vietnam recorded a trade deficit of USD 1.94 billion. However, from the beginning of the year to April 15, the country achieved a trade surplus of USD 1.27 billion.
Export Performance
Vietnam’s export value in the first half of April 2025 reached USD 16.75 billion, down 6.9% compared to the first half of March. Compared to the second half of March 2025—which recorded the highest export value ever—exports dropped 18.3% (equivalent to a decrease of USD 3.74 billion).
The decline in early April 2025 was primarily due to drops in key product groups:
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Computers, electronic products, and components: down USD 814 million (-18%)
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Phones and components: down USD 745 million (-29.6%)
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Machinery, equipment, tools, and spare parts: down USD 412 million (-16.4%)
By April 15, 2025, Vietnam’s total export turnover reached USD 119.62 billion, an increase of 16.3% (up USD 16.78 billion) compared to the same period last year.
Key export categories showing strong growth include:
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Computers, electronic products, and components: up USD 3.69 billion (+17.5%)
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Machinery, equipment, tools, and spare parts: up USD 2.11 billion (+17.1%)
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Phones and components: up USD 1.77 billion (+12.6%)
Exports by FDI enterprises during the first half of April 2025 reached USD 11.58 billion, down 20.1% compared to the latter half of March. However, from January 1 to April 15, the group achieved USD 85.03 billion in export turnover, up 15.8% year-on-year, accounting for 71.1% of the country’s total export value.
Import Situation
Vietnam’s import turnover in the first half of April 2025 stood at USD 18.69 billion, down 2.4% (USD 459 million) compared to the latter half of March.
Compared to late March, import values fell mainly in:
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Computers, electronic products, and components: down USD 217 million (-3.8%)
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Completely built-up (CBU) automobiles: down USD 67 million (-24.5%)
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Machinery, equipment, tools, and spare parts: down USD 65 million (-2.6%)
By April 15, 2025, Vietnam’s total import turnover reached USD 118.35 billion, an increase of 16.7% (up USD 16.93 billion) year-on-year.
Major import groups showing significant growth include:
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Computers, electronic products, and components: up USD 9.12 billion (+32.5%)
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Machinery, equipment, tools, and spare parts: up USD 2.64 billion (+21.2%)
The total import value of FDI enterprises in the first half of April 2025 reached USD 11.24 billion, down 3.8%compared to late March. As of April 15, the group’s total import value hit USD 74.14 billion, up 15.5% (USD 9.94 billion) year-on-year, accounting for 63% of Vietnam’s total import value.