HCMC – Bilateral trade between Vietnam and Singapore reached S$25.9 billion in the first eight months of 2025, up 23.3% from a year earlier.
Singapore’s exports to Vietnam rose 18.4% to S$18.3 billion, while imports from Vietnam increased 36.9% to S$7.6 billion. Singapore recorded a trade surplus of S$10.6 billion, up 7.9%, reported the Vietnam News Agency.
Domestic exports from Singapore to Vietnam totaled S$5.1 billion, up 9.8%. Re-exports to Vietnam reached S$13.2 billion, an increase of 22%. Excluding re-exports, Vietnam posted a surplus of more than S$2.56 billion.
Machinery, electrical equipment, fuels, and petroleum products accounted for S$12.6 billion, or 68.8% of Singapore’s exports to Vietnam. Machinery and electrical equipment jumped 24.2% to S$9.6 billion, while fuels climbed 22.9% to nearly S$3 billion.
Vietnam’s main exports to Singapore included machinery and electrical equipment worth S$3.9 billion, surging 86.4% and making up over half of total shipments. Nuclear reactors reached S$1.7 billion, up 69.1%, while glass products stood at S$569.8 million, up 8.2%.
Most other product groups declined, except seafood, optical instruments, and pearls, which posted growth.
