Vietnam - US trade reaches 11.1 billion USD

According to the General Statistics Office, in January 2025, two-way trade turnover between Vietnam and the United States reached 11.1 billion USD.

In January 2025, the United States was Vietnam's largest export market with a turnover of 9.8 billion USD.

In the opposite direction, import turnover from the United States reached 1.3 billion USD.

Thus, the trade surplus to the US in the first month of the year reached 8.5 billion USD, down 3.5% over the same period last year.

Textiles are one of the main export items to the United States.

The United States is a key market that many Vietnamese enterprises aim to promote import and export activities. At the same time, Vietnam is also attracting and receiving high-tech investment capital from the United States, especially in areas such as microchips and semiconductors, to keep up with the world's science and technology era. Vietnam currently plays an important role in the US's global supply chain, while US enterprises have made great contributions to the transformation and development of Vietnam's economy .

According to data from the General Department of Customs, in 2024, the total two-way trade turnover between Vietnam and the United States will reach more than 132 billion USD. Of which, Vietnam's exports to the United States will reach nearly 119 billion USD, up 23.3% over the same period in 2023; imports from the United States will reach 13 billion USD, up 7.3% over the same period in 2023.

By the end of 2024, Vietnam will become the 8th largest trading partner and the 4th largest export market of the United States in the ASEAN region. In contrast, the United States is the second largest trading partner and the largest export market of Vietnam. Vietnam's main exports to the United States include footwear, wooden furniture, machinery and optical equipment...

The Vietnam Trade Office in the United States believes that in order to increase exports to the US market, domestic enterprises should coordinate with importers and distributors in the US to study flexible payment methods and support risk sharing, especially in the initial stages of market access. For agricultural and food products, enterprises should consider linking up and investing in cold storage to establish distribution centers for Vietnamese goods at ports with a large enough scale to serve many product groups. This will help reduce costs and create a proactive position for enterprises to bring goods to the market.

In addition, the growth of exports to the United States requires Vietnamese enterprises to pay more attention to complying with trade regulations, avoiding the risk of being sued, investigated, and applying trade defense measures, tax evasion, and other restrictions that the United States may impose to support domestic production.

Agreeing, in an interview with a reporter from the Industry and Trade Newspaper, Dr. Nguyen Minh Phong - an economic expert, said that Vietnamese enterprises must pay special attention to the early warning activities that the Ministry of Industry and Trade has carried out in recent times to minimize the risk of goods being subject to trade defense measures by this market. At the same time, the authorities need to carefully inspect and avoid the illegal transfer of goods into Vietnam to fraudulently identify the origin of the goods.

Source: https://congthuong.vn/thuong-mai-viet-nam-hoa-ky-dat-111-ty-usd-372624.html