Thanks to a strong surge in exports, the trade balance for the second half of May posted a surplus of $2.94 billion, raising the total trade surplus for the first five months of this year to $4.67 billion.
According to the General Department of Customs, under the Ministry of Finance, Việt Nam''s trade surplus declined nearly 60 per cent in the first four months of 2025.
According to the Ministry of Industry and Trade, total import-export turnover in 2023 is estimated to reach $683 billion, including $354.5 billion from exports and $328.5 billion from imports.
During the nine months, the total import-export turnover of goods hit $4497.66 billion with export turnover hitting $259.67 billion, a year-on-year fall of 8.2 per cent.
The US was Việt Nam''s largest export market with an estimated turnover of $52.4 billion, and China was Việt Nam''s largest import market with an estimated turnover of $58.6 billion.
GSO reported that the total trade value in January is estimated at $46.6 billion, down 17.3 per cent from December 2022 and down 25 per cent year on year.