Vietnam’s total import-export turnover in June 2026 reached $104.22 billion, marking a 5.2% increase over the previous month and a significant 36.3% jump compared to the same period last year, according to latest report released by the National Statistics Office on July 3.
This brought the total trade turnover for the first six months of 2026 to $549.69 billion, a 27.1% year-on-year increase. Within this total, exports grew by 21.0%, while imports rose more sharply by 33.4%, resulting in a trade deficit of $16.65 billion for the first half of the year.
Export turnover for the first six months was estimated at $266.52 billion, up 21.0% over the same period in 2025. The domestic economic sector contributed $53.51 billion, an increase of 4.6%, accounting for 20.1% of total exports. The foreign-invested sector, including crude oil, remained the primary driver of trade, reaching $213.01 billion, a 26.0% increase, and making up 79.9% of the total.
During this period, 29 commodity groups surpassed the $1 billion export mark each, representing 92.1% of total exports, with five major categories exceeding $10 billion each.
The structure of export goods remained heavily weighted toward industrial products, with the processing and manufacturing group reaching $239.8 billion and accounting for 90.0% of the total. Agricultural and forestry products reached $19.23 billion, or 7.2%, while seafood exports stood at $5.76 billion, representing 2.2%. Fuel and mineral products made up the smallest portion at $1.73 billion, or 0.6% of the total export value.
On the import side, the turnover for the first half of 2026 hit $283.17 billion, a 33.4% rise compared to the previous year. Imports by the domestic sector reached $78.46 billion, up 24.3%, while the foreign-invested sector saw a sharp 37.3% increase to $204.71 billion.
The report noted 38 import categories with values exceeding $1 billion each, accounting for 92.1% of the total import turnover, including two major categories that surpassed $10 billion each.
The composition of imports was dominated by production materials, which reached $266.4 billion and accounted for 94.1% of the total. This group was led by machinery, equipment, and tools at 56.0%, followed by raw materials, fuels, and supplies at 38.1%. Consumer goods accounted for a modest 5.9% of total imports, valued at $16.77 billion.
In terms of trading partners, the United States maintained its position as Vietnam’s largest export market with a turnover of $86.5 billion, while China remained the largest source of imports, with a total value of $115.2 billion.
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