At the press conference announcing the first quarter of 2025 on the morning of 6.4, Director of Statistical Office Nguyen Thi Huong Information - In March, the total import and export turnover of goods reached 75.39 billion USD, up 18.2% over the previous month and up 16.6% over the same period last year.
In the first quarter of 2025, the total import-export turnover of goods reached 202.52 billion USD, up 13.7% over the same period last year. Of which, exports increased by 10.6%; imports increased by 17.0%. The trade balance of goods had a surplus of 3.16 billion USD.
Export turnover of goods reached 102.84 billion USD
Export turnover of goods in March 2025 reached 38.51 billion USD, up 23.8% over the previous month. Of which, the domestic economic sector reached 11.08 billion USD, up 32.1%; the foreign-invested sector (including crude oil) reached 27.43 billion USD, up 20.7%.
Compared to the same period last year, the export turnover of goods in March increased by 14.5%, of which the domestic economic sector increased by 18.7%, the foreign-invested sector (including crude oil) increased by 12.9%.
In the first quarter of 2025, the export turnover of goods reached 102.84 billion USD, up 10.6% over the same period last year. Of which, the domestic economic sector reached 29.02 billion USD, up 15.0%, accounting for 28.2% of total export turnover; the foreign-invested sector (including crude oil) reached 73.82 billion USD, up 9.0%, accounting for 71.8%.
In the first quarter of 2025, there were 18 items with export turnover of over 1 billion USD, accounting for 84.5% of total export turnover (there were 5 items with export turnover of over 5 billion USD, accounting for 59.9%).
Import of goods increased by 17.0% over the same period last year
According to the Statistics Office, the import turnover of goods in March 2025 reached 36.88 billion USD, up 12.9% over the previous month. Of which, the domestic economic sector reached 13.98 billion USD, up 17.8%; the foreign-invested sector reached 22.9 billion USD, up 10.1%.
Compared to the same period last year, the import turnover of goods in March increased by 19.0%, of which the domestic economic sector increased by 20.2%; the foreign-invested sector increased by 18.3%.
In the first quarter of 2025, the import turnover of goods reached 99.68 billion USD, up 17.0% over the same period last year. Of which, the domestic economic sector reached 36.78 billion USD, up 19.3%; the foreign-invested sector reached 62.9 billion USD, up 15.8%.
In the first quarter of 2025, there were 17 imported items with a value of over 1 billion USD, accounting for 77.2% of total import turnover (there were 2 imported items over 5 billion USD, accounting for 44.4%).
Regarding the import and export market of goods in the first quarter of 2025, the US is Vietnam's largest export market with a turnover of 31.4 billion USD. China is Vietnam's largest import market with a turnover of 38.1 billion USD.
In the first quarter of 2025, trade surplus to the US reached 27.3 billion USD, up 22.1% over the same period last year; trade surplus to the EU was 9.9 billion USD, up 15.7%; trade surplus to Japan was 0.6 billion USD, more than 5 times higher than the same period in 2024; trade surplus from China was 24.9 billion USD, up 43.3%; trade surplus from Korea was 7.1 billion USD, up 14.4%; trade surplus from ASEAN was 3.8 billion USD, up 83.2%.
In the first quarter of 2025, the trade balance of goods had a trade surplus of 3.16 billion USD (the same period last year had a trade surplus of 7.7 billion USD). Of which, the domestic economic sector imported a surplus of 7.76 billion USD; the foreign-invested sector (including crude oil) exported a surplus of 10.92 billion USD.
