By the end of 2025, Vietnam's total import and export turnover is expected to reach 920 billion USD - Illustration image.
The fact that total import and export turnover has exceeded 900 billion USD is a new milestone, of great significance, and is the result of the efforts of the business community as well as the decisive direction of the Party and Government and the involvement of ministries, sectors and localities.
On February 5, 2025, the Government issued Resolution No. 25/NQ-CP on growth targets for sectors, fields, and localities, ensuring that the national growth target for 2025 reaches 8% or higher, accordingly setting a target for merchandise export growth in 2025 to exceed 12%. The Prime Minister issued Directive No. 29/CT-TTg on September 23, 2025, on implementing key tasks and solutions to promote import and export, develop overseas markets, and Telegram No. 221/CĐ-TTg on November 19, 2025, focusing on prioritizing maintaining macroeconomic stability and promoting exports.
With the guidance and support of the Party and State leaders, exports are estimated to reach over US$470 billion in 2025, a 16% increase compared to 2024, affirming Vietnam's position as one of the most open economies and a bright spot in regional and global trade. Vietnam continues to maintain a trade surplus for 10 consecutive years, since 2016, thereby making a significant contribution to creating a stable source of foreign currency, reducing pressure on the exchange rate, and strengthening national foreign exchange reserves.
The projected import-export growth in 2025 marks a strong and continuous growth process for Vietnam's import-export activities. From a milestone of US$100 billion in 2009, total import-export turnover exceeded US$200 billion in 2011, US$300 billion in 2015, US$400 billion in 2017, and reached US$500 billion in just a decade. This growth momentum continues, helping us conquer the US$600 billion mark in 2021 and US$700 billion in 2022. Total import-export turnover exceeded US$800 billion in November 2025 and surpassed US$900 billion in December 2025.
The number of export items exceeding $1 billion in value has also increased rapidly, from 10 items in 2007 to 30 items in 2019. This number further increased to 33 items in 2023 and 36 items in 2024. Vietnam is expected to continue to have 36 export items exceeding $1 billion in value by 2025.
Export markets continue to expand, with the number of export markets exceeding $1 billion increasing from 27 in 2013 to 31 in 2018, 34 in 2022, and 35 in 2024.
A significant macroeconomic achievement is the ability to shift from a trade deficit to a sustained trade surplus. Vietnam recorded its first trade surplus in 2012 and began a 10-year streak of trade surpluses (starting in 2016). The surplus has continuously grown, reaching US$19.9 billion in 2020 and a record US$28.3 billion in 2023. In 2024, the trade balance is projected to have a surplus of US$24.9 billion, and is expected to remain in surplus at approximately US$21 billion in 2025.
These significant achievements have propelled Vietnam to an impressive rise on the global trade map, affirming its role as a dynamic economy and its increasingly important and indispensable position in the global supply chain.
This result was achieved thanks to the continuous efforts of the business community, especially export businesses, which have proactively adapted, innovated, and maintained efficient production and business operations in the context of many difficulties and challenges.
Anh Tho
Source: https://baochinhphu.vn/xuat-nhap-khau-vuot-moc-900-ty-usd-102251219173900705.htm
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