In the first quarter of 2025, total import and export turnover is estimated to reach 202.5 billion USD, an increase of 13.7%

Regular press conference of the Ministry of Industry and Trade in the first quarter of 2025. Photo: CT

On the afternoon of April 4, the Ministry of Industry and Trade held a regular press conference for the first quarter of 2025 to provide information on the industrial and commercial production situation in the first 3 months of the year.

According to the Ministry of Industry and Trade, industrial production and trade activities have developed positively, creating new breakthroughs.

In the first two months of 2025, the industrial production index (IIP) increased by 7.2% over the same period last year. It is forecasted that in the first quarter of 2025, the industrial production index will continue to improve and maintain the above growth momentum.

Regarding the electricity supply situation, in the first quarter of 2025 (as of March 26), the total electricity output of the entire national system reached 67.8 billion kWh, an increase of 4.1% over the same period in 2024, reaching 19.5% compared to the 2025 plan (347.5 billion kWh).

The electricity supply situation of the national power system in March and the first quarter of 2025 is safe and stable, ensuring production, business and people's daily life needs.

Along with the improvement in industrial production activities, import and export activities of goods also continued to be promoted.

In the first quarter of 2025, the total import and export turnover is estimated at 202.5 billion USD, up 13.7% over the same period in 2024. Of which, export turnover is estimated at 102.8 billion USD, up 10.6% over the same period last year; import turnover is estimated at 99.68 billion USD, up 17% over the same period last year.

Notably, in the first quarter of 2025, exports of the domestic economic sector are estimated to reach 29 billion USD, an increase of 15% over the same period last year, higher than the 9% increase of the FDI enterprise sector (estimated at 73.8 billion USD), showing that the internal strength of the domestic enterprise sector is gradually improving.

Regarding the export market structure, in the first quarter of 2025, our country's export turnover to most of the key export markets is expected to increase (except for the Chinese market). Of which, the US is still the largest export market, with an estimated turnover of 30.5 billion USD, an increase of 18.3% over the same period in 2024.

The EU is the second largest export market with an estimated turnover of 13.7 billion USD, up 12.5% ​​over the same period last year. China is the third largest export market with an estimated turnover of 13 billion USD, down slightly over the same period last year (down 0.2%).

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The supply of petroleum products to the market has been guaranteed. In the past 3 months, the market management force has inspected 6,222 cases, handled 5,648 violations, and collected over 90 billion VND for the budget.

In the first quarter of 2025, the Ministry of Industry and Trade will continue to investigate 3 anti-dumping cases, 3 final review cases and 3 anti-circumvention review cases initiated in 2024, and initiate a review of 1 new review case.

In particular, the Ministry proactively supports and helps businesses respond to trade defense cases investigated by foreign countries against Vietnamese export goods.

By the end of March 2025, there had been 282 trade defense investigations from 25 markets and territories against Vietnamese exports. Of these, the Ministry of Industry and Trade has proactively coordinated with ministries, branches, localities, associations, and enterprises to handle them effectively. Exporting enterprises are not subject to trade defense taxes or are subject to low taxes.

Source: https://hanoimoi.vn/quy-i-2025-tong-kim-ngach-xuat-nhap-khau-uoc-dat-202-5-ty-usd-tang-13-7-697900.html