Total import and export turnover in January 2026 reached US$88.2 billion.

Vietnam started 2026 with a total foreign trade turnover of US$88.2 billion, with exports increasing by 29.7% and imports rising sharply by 49.2% compared to the same period last year.

According to statistics released by the Customs Department on February 5, 2026, the total import and export turnover of the whole country in January 2026 reached 88.2 billion USD. This is a positive result in the context of Vietnam's foreign trade scale recovering strongly and heading towards new milestones.

Exports maintained their growth momentum at 29.7%.

In the first month of the year, the country's export turnover reached 43.2 billion USD, an increase of 29.7% compared to the same period in 2025. Notably, nine export product groups achieved a turnover of 1 billion USD or more, making a major contribution to the total value of goods sold to the international market.

• Computers, electronic products and components: $9.6 billion
• Mobile phones and components: $5.7 billion
• Machinery, equipment, tools, and spare parts: $5.4 billion
• Textiles and garments: $3.2 billion
• Footwear: $2 billion
• Vehicles and parts: $1.6 billion
• Wood and wood products: $1.6 billion
• Coffee: $1 billion
• Seafood: $1 billion

Imports surged to meet Tet holiday production and consumption needs.

Conversely, import turnover reached US$45 billion, a sharp increase of 49.2% compared to the same period in 2025. Computers, electronic products and components led in import value with US$16.6 billion. In addition, six other product groups also exceeded US$1 billion, including: machinery and equipment (US$5.9 billion), textiles (US$1.3 billion), base metals (US$1.2 billion), raw plastics (US$1.1 billion), plastic products (US$1 billion), and iron and steel (US$1 billion).

The sharp increase in import turnover resulted in a trade deficit of $1.8 billion in January 2026. However, experts consider this a normal development due to increased shopping demand in preparation for the Lunar New Year (Year of the Horse 2026) and the demand for raw materials for production after the holiday.

Expected to reach the $1 trillion milestone in 2026.

Explaining the high growth rate compared to the same period last year, the Customs Department stated that, in addition to the recovering scale of foreign trade, January 2025 coincided with the Lunar New Year holiday, resulting in a lower benchmark for comparison. Maintaining this pace is expected to help Vietnam achieve its new target sooner.

After setting "double records" of $800 billion and $900 billion in 2025, Vietnam's foreign trade is now poised to reach $1 trillion as early as 2026. This is considered a crucial driving force for economic growth in the coming period.

Source: https://baodanang.vn/kim-ngach-xuat-nhap-khau-thang-12026-dat-882-ty-usd-3323782.html