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Thursday, August 7, 2025

Vietnam reports trade surplus of US$10 billion in Jan-Jul

The Saigon Times

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HCMC – Vietnam posted an estimated trade surplus of US$10.18 billion between January and July 2025, down from US$14.64 billion during the same period last year, according to the General Statistics Office.

During the seven-month period, Vietnam’s import-export value edged up 16.3%% year-on-year to US$514.7 billion. Of the amount, the country earned US$262.44 billion from exports, up 14.8%, and spent US$252.26 billion importing goods, up 17.9%.

The domestic sector contributed US$67.48 billion in exports, rising 6.7% and accounting for 25.7% of the country’s export value. The foreign-invested sector (including crude oil) reached US$194.96 billion, growing 17.9% and making up 74.3%.

A total of 28 export items brought in over US$1 billion each, and represented 91.7% of the country’s total export value. Of these, nine items exceeded US$5 billion in export revenue, accounting for 72.3% of total exports.

According to the General Statistics Office, the United States remained Vietnam’s largest importer, having spent an estimated US$85.1 billion billion on imports from Vietnam.

Meanwhile, China was the country’s largest supplier, with a total value of US$101.5 billion.

In July, the total trade value amounted to US$82.27 billion, an 8.0% increase compared to the previous month and a 16.8% rise year-on-year. Vietnam posted a trade surplus of US$2.27 billion last month.

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