Exports were valued at USD 391 billion, up 16.2 per cent, while imports rose 18.6 per cent to USD 371.44 billion.
In October, exports reached USD 42.05 billion, down 1.5 per cent from September. The domestic sector contributed USD 8.6 billion, down 0.7 per cent, while the foreign-invested sector including crude oil generated USD 33.45 billion, down 1.7 per cent. Compared with October 2024, exports increased 17.5 per cent, with domestic shipments falling 17.4 per cent and the FDI sector rising 31.8 per cent.
Imports in October reached USD 39.45 billion, down 1 per cent month-on-month. Domestic imports amounted to USD 11.38 billion, up 4.2 per cent, while the FDI sector posted USD 28.07 billion, down 2.9 per cent. Year-on-year, imports increased 16.8 per cent, with domestic imports down 11 per cent and FDI up 33.8 per cent.
Over the ten-month period, the domestic sector exported USD 94.17 billion, accounting for 24.1 per cent of total exports, while the FDI sector contributed USD 296.83 billion, making up 75.9 per cent and rising 22.5 per cent. There were 36 export products valued above USD 1 billion, accounting for 94.1 per cent of total export value, including seven items exceeding USD 10 billion, equivalent to 67.9 per cent. Processed industrial products accounted for 88.7 per cent, followed by agricultural and forestry products at 8.3 per cent, fisheries at 2.4 per cent, and fuels and minerals at 0.6 per cent.
For imports, the domestic sector brought in USD 117 billion over ten months, while the FDI sector imported USD 254.44 billion. Forty-seven items exceeded USD 1 billion, accounting for 93.9 per cent of total imports, including four items above USD 10 billion, equivalent to 52.7 per cent.
Capital goods made up 93.8 per cent of imports, with machinery, equipment and tools at 52.6 per cent, and raw materials and fuels at 41.2 per cent. Consumer goods represented 6.2 per cent.
The United States remained Vietnam’s largest export market at USD 126.2 billion. China was the biggest import market, with imports reaching USD 150.9 billion. Vietnam recorded a trade surplus of USD 111 billion with the United States, up 28.2 per cent, USD 32.2 billion with the EU, up 11.2 per cent, and USD 1.6 billion with Japan, down 29.8 per cent. Imports from China reached USD 93.9 billion, up 38.6 per cent, from the Republic of Korea USD 25.6 billion, up 1.6 per cent, and from ASEAN USD 11.6 billion, up 55.9 per cent.
The domestic sector posted a trade deficit of USD 22.83 billion, while the FDI sector recorded a surplus of USD 42.39 billion, resulting in an overall surplus of USD 19.56 billion, down from USD 23.18 billion a year earlier.
