Vietnam’s two-way trade surpasses US$770 billion from the January-August period of 2026

13/09/2026 - 31

Synergygroup.vn

Two-way trade surpasses US$770 billion in eight-month record

Vietnam’s total trade turnover reached a record US$770.14 billion during the January-August period of 2026, up 28.7% year-on-year, the National Statistics Office (NSO) reported on September 3.

Export turnover throughout the reviewed period climbed 22.4% year-on-year to US$374.84 billion. The foreign-invested sector contributed US$300.37 billion (up 26.9%), accounting for 80.1% of total exports, while the domestic sector generated US$74.47 billion (up 7.4%). Manufactured industrial products formed the core of exports, standing at US$337.99 billion and representing 90.2% of the total.

On the import side, total shipments rose 35.3% year-on-year to US$395.3 billion during the eight-month period, with production inputs totaling US$372.04 billion, or 94.1% of total imports.

Higher import volumes resulted in a trade deficit of US$20.46 billion for the eight-month period, shifting from a trade surplus of US$14.02 billion recorded in the same period last year.

By market, the US was Vietnam’s largest export destination at US$122 billion, posting a trade surplus of US$106.6 billion, up 22.7% year-on-year. Meanwhile, China remained Vietnam’s largest import source at US$161.9 billion, posting a trade deficit of US$107.7 billion with the neighboring market, up 41.7%.

Soure: VOV economy

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