According to the latest preliminary statistics from the General Department of Vietnam Customs, as of February 15, 2025, Vietnam’s total export value reached USD 47.29 billion, marking a 6.2% increase (equivalent to USD 2.75 billion) compared to the same period in 2024.
1. Key Export Growth Sectors
Table of Contents
Several major export groups recorded significant increases:
-
Computers, electronic products, and components: up USD 2.15 billion (+29.9%)
-
Machinery, equipment, tools, and spare parts: up USD 359 million (+6.9%)
-
Coffee: up USD 236 million (+25.4%)
These positive results highlight the continued recovery and expansion of Vietnam’s export activities across multiple industries.
2. Export Performance of FDI Enterprises
By mid-February 2025, the export value of foreign direct investment (FDI) enterprises reached USD 34.08 billion, up 5.9% (equivalent to USD 1.89 billion) compared to the same period in 2024.
FDI enterprises accounted for 72.1% of the nation’s total export value, reaffirming their leading role in Vietnam’s external trade structure.
3. Imports Rise Sharply by 17.3%
On the import side, Vietnam’s total import value by February 15, 2025, stood at USD 47.48 billion, up 17.3% (an increase of nearly USD 7 billion) compared to the same period in 2024.
Notable import growth was observed in the following categories:
-
Computers, electronic products, and components: up USD 3.88 billion (+33.8%)
-
Machinery, equipment, tools, and spare parts: up USD 861 million (+17.1%)
4. Imports by FDI Enterprises
The import value of FDI enterprises reached USD 30.45 billion, up 17.3% (an increase of nearly USD 4.48 billion) year-on-year, accounting for 64.1% of Vietnam’s total import value.
5. Trade Balance: Slight Deficit of USD 0.19 Billion
With exports at USD 47.29 billion and imports at USD 47.48 billion, Vietnam recorded a slight trade deficit of USD 0.19 billion in the first two and a half months of 2025.
Although modest, this shortfall reflects both strong import demand for production materials and robust export activity, signaling continued momentum in Vietnam’s trade growth trajectory.