Vietnam Trade Trends February 2025

According to data released by the General Statistics Office, Vietnam’s international trade reached USD 127 billion during the first two months of 2025, up 12 per cent year-on-year. Exports rose by 8.4 per cent to USD 64 billion, while imports grew by 15.9 per cent to USD 63 billion during the same period.

In February alone, export turnover reached USD 31.1 billion, marking a 6.2 per cent decline compared to the previous month but a 25.7 per cent increase year-on-year.

The domestic economic sector experienced growth of 32.8 per cent, while the foreign-invested sector, including crude oil, saw a 23.2 per cent rise.

During the first two months of 2025, the United States remained Vietnam’s largest export market, with turnover amounting to USD 19.6 billion, while China continued to be the country’s largest import supplier, with imports totaling USD 23.3 billion.

During this period, 12 export items surpassed the USD 1 billion mark, making up 77.7 per cent of total export value. Four of these items exceeded USD 5 billion, accounting for 54.6 per cent.

In its latest outlook, the International Monetary Fund estimated Vietnam’s GDP growth rate to be 6.1 per cent in 2025.

The Association of Southeast Asian Nations (ASEAN), a political and economic union, has a population of 667 million and a territory of 4.5 million km². It is currently the third-largest economy in Asia-Pacific and the fifth-largest in the world. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, according to estimates for 2024.