 Ceremony commemorates Vietnam's total import and export turnover exceeding the 900 billion USD mark for the first time. Photo: Thuy Duong/bnews.vnanet.vn |
According to Vietnam Customs’s estimates, total trade this year reached about 920 billion USD, up 17% year on year.
Vietnam’s trade has successively hit major milestones, including 100 billion USD in 2007 when the country joined the WTO; 200 billion USD in 2011; 300 billion USD in 2015; 400 billion USD in 2017; 500 billion USD in 2019; 700 billion USD in 2022; and a historic 900 billion USD in 2025.
Vietnam has joined the group of the world’s 25 largest trading economies. Data from the World Trade Organisation shows that Vietnam currently ranks 21st globally in exports and 20th in imports, up 11 and 12 places, respectively, from a decade ago.
Vietnam currently maintains trade relations with more than 230 countries and territories. China remained its largest trading partner this year, with bilateral trade estimated at 252 billion USD, followed by the United States at 170 billion USD. Together, the two markets accounted for about 46% of Vietnam’s total trade and contributed 62% of overall growth.
