The Socialist Republic of Vietnam exported US$642.9 billion worth of products in 2025. That calculated dollar amount results from a 91.5% increase compared to 5 years earlier in 2021 when Vietnam’s exported goods were worth $335.8 billion.

Year over year, the overall value of Vietnamese exports accelerated by 59.4% from $403.2 billion in 2024.

Applying a continental lens, approaching half (47.1%) of Vietnam’s exports by value was delivered to fellow Asian countries while 33% was sold to importers in North America.

Vietnam shipped another 15.6% worth of goods to buyers in Europe.

Smaller percentages went to customers located in Oceania (1.8%) Australia and New Zealand, Latin America (1.7%) excluding Mexico but including the Caribbean, and Africa (0.9%).

By dollar value, a concentrated 93% of Vietnamese exports in 2025 was delivered to the above 25 trade partners.

From 2024 to 2025, the fastest-growing customers for exported goods from Vietnam were Mexico (up 309.7%), Hong Kong (up 236.3%), Saudi Arabia (up 203.4%), Czech Republic (up 167.1%), France (up 164.7%) then Germany (up 159.3%).

The decliners among Vietnam’s listed importers were Columbia (down -21.4% from 2024), Netherlands (down -17.5%), Philippines (down -5%) and Indonesia (down -0.5%).

As defined by Investopedia, a country whose total value of all imported goods is higher than its value of all exports is said to have a negative trade balance or deficit. It would be unrealistic for any exporting nation to expect across-the-board positive trade balances with all its importing partners. Similarly, that export country doesn’t necessarily post a negative trade balance with each individual partner with which it exchanges exports and imports.

Vietnam incurred the highest trade deficits with the following countries.

Among Vietnam’s trading partners that cause the greatest negative trade balances, Vietnamese deficits with Singapore (up 5,753%), Ivory Coast (up 35.2%) and mainland China (up 21%) grew at the fastest pace from 2024 to 2025.

These cashflow deficiencies clearly indicate Vietnam’s competitive disadvantages with the above countries, but also represent key opportunities for Vietnam to develop country-specific strategies to strengthen its overall position in international trade.

Vietnam earned an estimated overall US$196.1 billion trade surplus during 2025, expanding by 713.2% from the $24.1 billion in black ink one year earlier in 2024.

Based on Investopedia’s definition of net importer, a country whose total value of all imported goods is lower than its value of all exports is said to have a positive trade balance or surplus.

Vietnam generated the highest trade surpluses with the following countries.

Among Vietnam’s trading partners that generate the greatest positive trade balances, Vietnamese surpluses with Mexico (up 386.6%), Germany (up 289.0%) and Canada (up 133%) grew at the fastest pace from 2024 to 2025.

These positive cashflow streams clearly indicate Vietnam’s competitive advantages with the above countries, but also represent key opportunities for Vietnam to develop country-specific strategies to optimize its overall position in international trade.

A pair of Vietnamese corporations ranks among Forbes Global 2000. One company, Vietin Bank is a regional bank.

The other large business, Petrovietnam Gas is part of the following list of Vietnamese international trade businesses.

See also Vietnam Top 10 Exports, Vietnam Top 10 Imports, Lebanon’s Top 10 Exports, Greece’s Top 10 Exports, United Kingdom’s Top Trading Partners and Syria’s Top 10 Exports

Research Sources:
Central Intelligence Agency, The World Factbook Asia: Vietnam. Accessed on June 2, 2026

Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on June 2, 2026

International Trade Centre, Trade Map. Accessed on June 2, 2026

Investopedia, Net Exports Definition. Accessed on June 2, 2026

Wikipedia, Vietnam. Accessed on June 2, 2026

Wikipedia, List of Companies of Vietnam. Accessed on June 2, 2026