Việt Nam enjoyed a trade surplus of $20.53 billion in the first 11 months of 2025, the National Statistics Office (NSO) under the Ministry of Finance reported on December 6.
In the period, the total value of goods exports and imports reached $839.75 billion, up 17.2 per cent year-on-year; of which, exports rose by 16.1 per cent and imports by 18.4 per cent.
Specifically, the export revenue in November stood at $39.07 billion, down 7.1 per cent month-on-month. Of this, the domestic sector earned $8.23 billion, down 4.2 per cent, while the foreign-invested sector (including crude oil) pocketed $30.84 billion from exports, down 7.8 per cent.
Compared to the same period last year, November exports surged by 15.1 per cent, with the domestic sector declining 17.5 per cent but the foreign-invested one (including crude oil) rising 28.8 per cent.
For the first 11 months, the total overseas shipments were estimated at $430.14 billion, up 16.1 per cent year-on-year. Within this, the domestic sector posted $102.41 billion, down 1.7 per cent, making up 23.8 per cent of total exports; the foreign-invested sector earned $327.73 billion, up 23.1 per cent, accounting for 76.2 per cent.
During January–November, 36 export items each brought home over $1 billion, representing 94.1 per cent of total exports, including eight with exports surpassing $10 billion, making up 70.3 per cent.
Regarding the export structure for the period, processed industrial goods fetched $381.72 billion, accounting for 88.7 per cent; agricultural and forestry products $35.58 billion, 8.3 per cent; aquatic products $10.32 billion, 2.4 per cent; and fuels and minerals $2.52 billion, 0.6 per cent.
The import turnover in November amounted to $37.98 billion, down 3.7 per cent compared to the previous month. Of this, the domestic sector spent $11.34 billion on imports, down 0.4 per cent, while the foreign-invested sector spent $26.64 billion, down 5.1 per cent. Compared with the same period last year, November imports rose 16 per cent, with the domestic sector declining 8.8 per cent and the foreign-invested one increasing 31.2 per cent.
For the January–November period, total imports were valued at $409.61 billion, up 18.4 per cent year-on-year, of which the domestic sector purchased $128.4 billion worth of goods, up 1.7 per cent, and the foreign-invested sector $281.21 billion, up 28 per cent.
During the period, 47 import items each exceeded $1 billion in value, accounting for 93.9 per cent of total imports, including six worth over $10 billion, making up 57.7 per cent.
Regarding the import structure, the import value of capital goods was $383.96 billion, representing 93.7 per cent. In particular, machinery, equipment, and spare parts made up 52.7 per cent, while raw materials, fuels, and input supplies accounted for 41 per cent. Consumer goods reached $25.65 billion, accounting for 6.3 per cent.
China was the largest supplier of goods for Việt Nam, with import value hitting $167.5 billion. In the first 11 months of 2025, Việt Nam recorded a trade surplus of $35.6 billion with the EU, up 10.4 per cent; another surplus of $2 billion with Japan, down 29.7 per cent; a deficit of $104.3 billion with China, up 38.1 per cent; a deficit of $28.3 billion with the Republic of Korea, up 1.9 per cent; and a deficit of $12.4 billion with ASEAN, up 46.3 per cent. — VNA/VNS
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