Imports and exports increased sharply in the first five months of the year.

(Chinhphu.vn) - According to data recently released by the General Statistics Office of the Ministry of Finance, in the first five months of 2026, the total value of goods exports and imports reached US$445.12 billion, an increase of 25.0% compared to the same period last year.

In May, total merchandise exports and imports reached US$99.07 billion, an increase of 3.2% compared to the previous month and a 25.8% increase compared to the same period last year.

In May, total merchandise exports and imports reached $99.07 billion, an increase of 3.2% compared to the previous month and a 25.8% increase compared to the same period last year.

Overall, in the first five months of 2026, total merchandise exports and imports reached US$445.12 billion, an increase of 25.0% compared to the same period last year, with exports increasing by 19.5% and imports increasing by 30.8%. The trade balance showed a deficit of US$13.8 billion.

Regarding goods exports: In May, the value of goods exports reached US$46.93 billion, an increase of 2.1% compared to the previous month and an increase of 18.0% compared to the same period last year. For the first five months of 2026, the value of goods exports reached US$215.66 billion, an increase of 19.5% compared to the same period last year. Of this, the domestic economic sector accounted for US$43.5 billion, an increase of 2.5%, representing 20.2% of total exports; the foreign-invested sector (including crude oil) accounted for US$172.16 billion, an increase of 24.7%, representing 79.8%.

Regarding the structure of export product groups in the first five months of 2026, the processed industrial goods group reached US$193.71 billion, accounting for 89.8%.

Regarding goods imports: Goods import turnover in May reached US$52.14 billion, an increase of 4.3% compared to the previous month and a 33.8% increase compared to the same period last year. For the first five months of 2026, total goods import turnover reached US$229.46 billion, an increase of 30.8% compared to the same period last year, of which the domestic economic sector accounted for US$64.26 billion, an increase of 22.7%; and the foreign-invested sector accounted for US$165.2 billion, an increase of 34.3%.

Regarding the structure of import groups in the first five months of 2026, the group of production materials reached $215.99 billion, accounting for 94.1%.

Regarding the import and export markets for goods in the first five months of 2026, the United States was Vietnam's largest export market with a turnover of $69.6 billion. China was Vietnam's largest import market with a turnover of $92.6 billion.

According to preliminary figures, the trade balance for goods in May showed a deficit of US$5.21 billion. For the first five months of 2026, the trade balance for goods showed a deficit of US$13.8 billion (compared to a surplus of US$5.1 billion in the same period last year). Of this, the domestic economic sector had a deficit of US$20.76 billion; while the foreign-invested sector (including crude oil) had a surplus of US$6.96 billion.

Anh Tho

Source: https://baochinhphu.vn/xuat-nhap-khau-tang-manh-trong-5-thang-dau-nam-102260603111209917.htm