The United States is Vietnam’s largest export market in the first nine months of 2025

According to the General Statistics Office, the United States is Vietnam’s largest export market in the first nine months of 2025, with an export turnover of USD 112.8 billion a record high that underscores the strategic importance of the U.S. in Vietnam’s global trade landscape. In September 2025, Vietnam’s total import-export turnover reached USD 82.49 billion, down 0.7% from the previous month but up 24.8% year-on-year. Cumulatively for the first nine months of 2025, the total trade value hit USD 680.66 billion, up 17.3% year-on-year, with exports increasing by 16% and imports by 18.8%. The trade balance maintained a surplus of USD 16.82 billion, reflecting Vietnam’s robust competitiveness amid global economic fluctuations.

32 export items surpassed USD 1 billion

Vietnam’s export turnover in September 2025 reached USD 42.67 billion, down 1.7% month-on-month. Of this, the domestic economic sector contributed USD 8.66 billion (down 5.5%), while the foreign-invested sector (including crude oil) contributed USD 34.01 billion (down 0.6%). Compared with the same period last year, export turnover increased by 24.7%, with the foreign-invested sector growing by 37.5%. In Q3 2025, export turnover totaled USD 128.57 billion, up 18.4% year-on-year and 9.6% compared with Q2. For the first nine months, total exports reached USD 348.74 billion, up 16% year-on-year. The domestic sector achieved USD 85.41 billion (up 2%), accounting for 24.5%, while the foreign-invested sector reached USD 263.33 billion (up 21.4%), accounting for 75.5%. Remarkably, 32 export items recorded turnover above USD 1 billion, accounting for 93.1% of total exports, including seven items exceeding USD 10 billion. These results further affirm that the United States is Vietnam’s largest export market, playing a crucial role in sustaining export growth momentum.

Vietnam’s import turnover in September 2025 reached USD 39.82 billion, up 0.4% month-on-month. The domestic sector contributed USD 10.91 billion (up 1.5%), while the foreign-invested sector contributed USD 28.91 billion (unchanged). Compared with the same period last year, import turnover increased by 24.9%, largely driven by a 38.6% rise in the foreign-invested sector. In Q3 2025, total imports reached USD 119.66 billion, up 20.2% year-on-year and 6.3% compared with Q2. For the first nine months, total imports reached USD 331.92 billion, up 18.8%. The domestic sector contributed USD 105.67 billion (up 4.6%), and the foreign-invested sector contributed USD 226.25 billion (up 26.8%). Vietnam recorded 43 import items worth over USD 1 billion, accounting for 92.9% of total imports, including three items surpassing USD 10 billion, which made up nearly half of the total import value.

The United States Vietnam’s leading strategic export market

During the first nine months of 2025, the United States is Vietnam’s largest export market, reaching USD 112.8 billion and remaining at the top for consecutive years. Key export categories include electronics, textiles, footwear, wooden furniture, and processed agricultural products sectors achieving double-digit growth and contributing to Vietnam’s record trade surplus. Conversely, China remains Vietnam’s largest import market, with an import value of USD 134.4 billion, primarily comprising raw materials, machinery, electronic components, and consumer goods. With a balanced trade structure and the fact that the United States is Vietnam’s largest export market, Vietnam’s economy continues to maintain macroeconomic stability, enhance foreign reserves, and reinforce international investor confidence. Experts forecast that in 2026, bilateral trade between Vietnam and the United States will continue to expand, with exports to the U.S. expected to surpass USD 130 billion. Leveraging free trade agreements, green production transformation, and regional supply chain diversification, Vietnam is well-positioned to maintain its strong momentum as the United States is Vietnam’s largest export market.