Vietnam earns $102.8 bn in export revenue in Q1 2025; 10.6% YoY rise

13 Apr '25

1 min read

Vietnam earns $102.8 bn in export revenue in Q1 2025; 10.6% YoY rise

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Insights

Vietnam earned $102.8 billion in export revenue in Q1 2025—a rise of 10.6 per cent YoY, while imports rose by 17 per cent YoY to$ 99.68 billion.
Total trade turnover in Q1 2025 reached $202.5 billion—up by 13.7 per cent YoY.
The trade surplus stood at $3.15 billion.
Exporters have been urged to shift to online platforms, expand into new markets and fully leverage FTAs.

Vietnam earned $102.8 billion in export revenue in the first quarter (Q1) this year—a rise of 10.6 per cent year on year (YoY), while imports increased by 17 per cent YoY to$ 99.68 billion.

According to the ministry of industry and trade, total trade turnover in Q1 2025 reached an estimated $202.5 billion—up by 13.7 per cent YoY, signalling rising demand for production inputs. The trade surplus stood at $3.15 billion.

Deputy minister of industry and trade Truong Thanh Hoai urged exporters to shift to online platforms, expand into new markets and fully leverage the country’s 17 free trade agreements (FTAs).

Exporters are being encouraged to explore emerging markets like the Middle East, Africa and Northeast Asia to reduce over-reliance on the United States. The ministry also plans to strengthen trade promotion and improve compliance with international standards, a domestic news agency reported.

Industry leaders are adjusting strategies to mitigate risks by diversifying export destinations and balancing market shares.

Fibre2Fashion News Desk (DS)

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