Exports in the first 10 months reached over $390 billion.

Total merchandise exports and imports in the first 10 months also reached an impressive milestone, exceeding 762 billion USD, an increase of more than 17% compared to the same period last year. Overall, merchandise exports reached 391 billion USD, an increase of 16.2% compared to the same period last year (compared to a 15.2% increase in the same period of 2024). Of this, the domestic economic sector accounted for over 94 billion USD, representing 24.1% of total exports; the foreign-invested sector (including crude oil) reached over 296.8 billion USD, an increase of 22.5%, accounting for a large proportion of 75.9%.

In the first 10 months of the year, Vietnam had 36 product categories with export turnover exceeding 1 billion USD, accounting for 94.1% of the total turnover (including 7 product categories exceeding 10 billion USD, accounting for 67.9%). Regarding the structure of export product groups, processed industrial goods led with 346.7 billion USD, accounting for 88.7%. This was followed by agricultural and forestry products at 32.6 billion USD (8.3%), seafood at 9.3 billion USD (2.4%), and fuel and mineral products at 2.3 billion USD (0.6%).

Regarding import and export markets, the United States continues to be Vietnam's largest export market with a turnover of $126.2 billion. China is the largest import market with a turnover of $150.9 billion.

In the first 10 months of the year, Vietnam recorded a trade surplus with the United States of $111 billion (up 28.2%), with the EU of $32.2 billion (up 11.2%), and with Japan of $1.6 billion (down 29.8%). Meanwhile, Vietnam had a trade deficit with China of $93.9 billion (up 38.6%), with South Korea of $25.6 billion (up 1.6%), and with ASEAN of $11.6 billion (up 55.9%).

Amidst volatile global trade conditions, the Government has directed the Ministry of Industry and Trade and relevant agencies to implement solutions to diversify markets. In Resolution 86 on key tasks for the remaining months of the year, recently issued, the Government requires the completion of negotiations and signing of free trade agreements between Vietnam and the South American Mercosur and the Gulf Cooperation Council in the fourth quarter of this year.

Source: https://vtv.vn/xuat-khau-10-thang-dat-hon-390-ty-usd-100251107105550183.htm