The Vietnamese import-export industry is witnessing a strong explosion, with turnover reaching 839.75 billion USD in the first 11 months of 2025, far surpassing the record of 786.29 billion USD set in the entire year of 2024. It is projected that the full year of 2025 will hit the 920-950 billion USD mark, propelling Vietnam into the top 15 countries with the largest trade scale in the world, a significant leap creating a solid foundation for development in 2026.
Vietnam’s import-export sector experiences outstanding growth
Import-Export Industry Sets Records with Many Sectors Accelerating
Export turnover in the first 11 months reached 430.14 billion USD (up 16.1%), while imports reached 409.61 billion USD (up 18.4%), creating a trade surplus of over 20.5 billion USD. This impressive growth stems from the contribution of numerous sectors.
The processing and manufacturing industry leads with 381.7 billion USD, accounting for 88.7% of total turnover. Key items include electronics, computers, components, machinery, equipment, phones, textiles, and footwear. The agriculture, forestry, and fishery group reached 64.01 billion USD, surpassing the 2024 record of 62.5 billion USD, with a full-year projection of 70 billion USD.
Notably, fruit and vegetable exports reached 7.91 billion USD (up 19.5%), and seafood reached 10.5 billion USD (up 14.6%), expected to set a record of 11.2-11.3 billion USD. The PMI index for November 2025 shows new export orders increasing at the highest rate in 15 months, a positive signal for the 2026 outlook.
Table 1: Import-Export Industry Achievements 2020-2025
| Year | Turnover (Billion USD) | Growth | Global Position |
| 2020 | ~540 | – | Outside Top 20 |
| 2023 | ~682 | ~10%/year | Top 20 |
| 2024 | 786.29 | 15.3% | Top 20 |
| 2025 (Est.) | 920-950 | 17% | Top 15 |
Vietnam’s import and export sector is expected to reach the top 15 by the end of 2025
Benefits of the Import-Export Industry in Expanding Markets for Enterprises
The import-export industry contributes strongly to GDP growth, generates abundant foreign currency sources, and improves the balance of payments. The US remains the largest partner with a turnover of 138.6 billion USD in 11 months, followed by the EU, ASEAN, and Japan. Vietnam has maintained a trade surplus for 10 consecutive years, reducing exchange rate pressure and strengthening foreign exchange reserves.
For SME enterprises, the benefits of the import-export industry in expanding markets are very clear: accessing billions of consumers through FTAs (EVFTA, RCEP, CPTPP), increasing international brand reputation, and creating jobs from production to logistics. However, challenges persist as the import-export industry relies heavily on FDI (over 76%), while the role of domestic enterprises remains disproportionate.
Table 2: Comparison of Benefits by Enterprise Scale
| Scale | Key Benefits | Challenges | Solutions |
| Large/FDI | Global supply chain | Policy fluctuations | Market diversification |
| Medium | Rapid expansion | Lack of capital/experience | Professional support services |
| Small | Low cost, flexible | Complex procedures | B2B platforms, consulting |
Optimization Opportunity for Businesses: Understand the Import-Export Industry and Connect Globally
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Vietnam’s import and export figures are close to reaching the $1 trillion mark
The Import-Export Industry Drives Technological Innovation
Digital transformation is becoming a key driver helping the import-export industry promote technological innovation. SCM software optimizes the supply chain from source to consumption point, reducing time and costs. IoT technology allows for real-time cargo tracking, while Blockchain increases transparency and prevents fraud.
Artificial Intelligence (AI) and data analytics provide real-time market demand forecasting capabilities, optimizing inventory and building competitive pricing strategies. AI also supports supply chain risk management, from climate fluctuations to shipping incidents.
Import-Export Industry Customs Procedures Become Increasingly Simple
The modernization of customs procedures in the import-export industry is helping to reduce clearance time from 5-7 days to 2-3 days, with a 2026 target of 24 hours. E-customs have reached 85% coverage aiming for 100%, while paper documents have decreased from 100% to 70%.
The Authorized Economic Operator (AEO) program has over 500 participating enterprises, with a 2026 goal of 1000+. Obtaining a C/O (Certificate of Origin) to enjoy 0% tax through FTAs saves significant costs for businesses.
Table 3: Roadmap for Simplifying Customs Procedures
| Phase | Previous | Current | 2026 Target |
| Clearance Time | 5-7 days | 2-3 days | 24 hours |
| Paper Docs | 100% | 70% | 10% |
| E-Customs | 30% | 85% | 100% |
| AEO Enterprises | Few | 500+ | 1000+ |
The Import-Export Industry Drives Technological Innovation with Gmajor
Vietnam’s import-export industry, with a record of 920 billion USD in 2025, is creating a solid foundation for a breakthrough in 2026. The benefits of the import-export industry in expanding markets bring great opportunities for Small and Medium Enterprises (SMEs), while the industry drives technological innovation through AI and IoT to optimize efficiency. Simplifying customs procedures in the import-export industry also plays a crucial role in reducing costs and time.
The import-export sector promotes technological innovation
With an orientation shifting from breadth to depth growth, increasing added value, and reducing FDI dependence, the import-export industry promises sustainable and superior development in 2026!
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