In the first 11 months, the trade surplus exceeded $20.5 billion.

The General Statistics Office (Ministry of Finance) announced the Report on the socio-economic situation in November and the first 11 months of 2025 on the morning of December 6th. In the first 11 months of 2025, the total value of goods exports and imports reached US$839.75 billion, an increase of 17.2% compared to the same period last year; of which, exports increased by 16.1%; and imports increased by 18.4%. The trade balance showed a surplus of US$20.53 billion.

Container trucks carrying import and export goods operate at Gemalink International Port (Ba Ria - Vung Tau). Photo: Hong Dat/TTXVN

Specifically, merchandise exports in November reached US$39.07 billion, a decrease of 7.1% compared to the previous month. Of this, the domestic economic sector accounted for US$8.23 billion, a decrease of 4.2%; while the foreign-invested sector (including crude oil) accounted for US$30.84 billion, a decrease of 7.8%. Compared to the same period last year, merchandise exports in November increased by 15.1%, with the domestic economic sector decreasing by 17.5% and the foreign-invested sector (including crude oil) increasing by 28.8%.

Overall, in the first 11 months of 2025, merchandise exports reached US$430.14 billion, an increase of 16.1% compared to the same period last year. Of this, the domestic economic sector accounted for US$102.41 billion, a decrease of 1.7%, representing 23.8% of total exports; the foreign-invested sector (including crude oil) accounted for US$327.73 billion, an increase of 23.1%, representing 76.2%.

In the first 11 months of 2025, 36 product categories achieved export turnover exceeding 1 billion USD, accounting for 94.1% of total export turnover (with 8 product categories exceeding 10 billion USD, accounting for 70.3%).

Regarding the structure of export product groups in the first 11 months of 2025, the processed industrial goods group reached US$381.72 billion, accounting for 88.7%; the agricultural and forestry products group reached US$35.58 billion, accounting for 8.3%; the aquatic products group reached US$10.32 billion, accounting for 2.4%; and the fuel and mineral products group reached US$2.52 billion, accounting for 0.6%.

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Goods imports in November reached US$37.98 billion, a decrease of 3.7% compared to the previous month. Of this, the domestic economic sector accounted for US$11.34 billion, a decrease of 0.4%; while the foreign-invested sector accounted for US$26.64 billion, a decrease of 5.1%. Compared to the same period last year, goods imports in November increased by 16.0%, with the domestic economic sector decreasing by 8.8% and the foreign-invested sector increasing by 31.2%.

Overall, in the first 11 months of 2025, merchandise imports reached US$409.61 billion, an increase of 18.4% compared to the same period last year. Of this, the domestic economic sector accounted for US$128.4 billion, an increase of 1.7%; and the foreign-invested sector accounted for US$281.21 billion, an increase of 28.0%.

In the first 11 months of 2025, 47 imported items reached a value of over 1 billion USD, accounting for 93.9% of total import turnover (including 6 imported items exceeding 10 billion USD, accounting for 57.7%).

Regarding the structure of import groups in the first 11 months of 2025, the production materials group reached US$383.96 billion, accounting for 93.7%, of which machinery, equipment, tools and spare parts accounted for 52.7%; raw materials, fuels and materials accounted for 41.0%. The consumer goods group reached US$25.65 billion, accounting for 6.3%.

Regarding the import and export market for goods in the first 11 months of 2025, China was Vietnam's largest import market with a turnover of 167.5 billion USD. In the first 11 months of 2025, the trade surplus with the EU was 35.6 billion USD, an increase of 10.4%; the trade surplus with Japan was 2 billion USD, a decrease of 29.7%; the trade deficit with China was 104.3 billion USD, an increase of 38.1%; the trade deficit with South Korea was 28.3 billion USD, an increase of 1.9%; and the trade deficit with ASEAN was 12.4 billion USD, an increase of 46.3%.

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According to preliminary figures, the trade balance for goods in November showed a surplus of US$1.09 billion. For the first 11 months of 2025, the trade balance for goods showed a surplus of US$20.53 billion (compared to a surplus of US$24.38 billion in the same period last year). Of this, the domestic economic sector had a trade deficit of US$25.99 billion; while the foreign-invested sector (including crude oil) had a trade surplus of US$46.52 billion.

Source: https://baotintuc.vn/kinh-te/11-thang-xuat-sieu-hon-205-ty-usd-20251206101210111.htm