According to the latest report of the General Statistics Office released on the morning of February 6, import and export of goods in January 2025 reached 63.15 billion USD; trade surplus was 3.03 billion USD.
Import and export slightly decreased, trade surplus 3.03 billion USD
Accordingly, in January, the total import-export turnover of goods reached 63.15 billion USD, down 10.5% compared to the previous month and down 3.5% compared to the same period last year. Of which, exports decreased by 4.3%; imports decreased by 2.6%. The trade balance of goods had a surplus of 3.03 billion USD.
In terms of goods export, the export turnover of goods in January 2025 reached 33.09 billion USD, down 6.9% compared to the previous month and down 4.3% compared to the same period last year. Of which, the export of processed industrial goods reached 29.43 billion USD, accounting for 89.0%.
On the other hand, the import turnover of goods in January 2025 reached 30.06 billion USD, down 14.1% compared to the previous month and down 2.6% compared to the same period last year. Regarding the structure of imported goods in January 2025, the group of production materials reached 28.26 billion USD, accounting for 94.0%.
In the first month of the year, the United States was Vietnam's largest export market with a turnover of 9.8 billion USD. China was Vietnam's largest import market with a turnover of 11.6 billion USD.
The trade balance of goods in January 2025 had a trade surplus of 3.03 billion USD. Of which, the domestic economic sector had a trade deficit of 1.4 billion USD; the foreign-invested sector (including crude oil) had a trade surplus of 4.43 billion USD.
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| Import and export of goods have improved after the Lunar New Year holiday (Photo: VNA) |
After a record year in 2024, import and export activities showed signs of a slight decline in the first month of the year, partly due to the Lunar New Year holiday. However, import and export activities have gradually recovered right after the Lunar New Year holiday ended. This can be clearly seen in the bustling import and export activities at the border gate area right in the first days of spring in 2025.
Accordingly, on the morning of February 5, import and export activities through the temporary pontoon bridge opening at Km3+4 Hai Yen, Mong Cai City officially resumed customs clearance after the Tet holiday. As of 9:00 a.m. on the same day, Mong Cai Border Gate Customs Branch had completed export procedures for 47 declarations of enterprises and border residents, with 96 trucks, total weight of 2,374 tons, turnover reaching over 2.3 million USD.
Main export items are fresh fruit, fish, frozen shrimp, live lobster, live clams and tapioca starch.
Previously, Bac Luan II Border Gate (Mong Cai City) resumed pre-scheduled customs clearance from January 31 to February 4 (the 3rd and 7th days of Tet). From February 5, customs clearance will be as usual.
Thus, by the morning of February 5, import and export activities at border gates and openings in Mong Cai city have returned to normal.
In January 2025, the total import-export turnover at Mong Cai Border Gate reached 234.7 million USD, up 53% over the same period. Of which, exports reached 133.18 million USD, imports reached 101.56 million USD. The number of enterprises carrying out import-export procedures increased by 46 units, bringing the total to 352 enterprises.
At major border gates across the country such as Lao Cai, customs clearance activities take place throughout the Lunar New Year. Meanwhile, in Lang Son, from February 5 (January 8), all pairs of border gates and specialized roads for transporting goods in Lang Son province will officially resume customs clearance activities after a temporary suspension due to the Chinese New Year holiday.
Regarding products, durian exports continue to be a bright spot in export activities, despite having just gone through a difficult month due to new regulations. Mr. Nguyen Dinh Tung - General Director of Vina T&T Group shared that every month the enterprise regularly exports about 320 tons of durian, nearly 500 tons of coconut. In addition, each week, about 3-4 containers of longan (about 16 tons/container), 7-9 containers of dragon fruit are exported. Notably, Vietnamese enterprises have been ahead of the durian fever in the Chinese market, so orders are always abundant, and revenue has increased sharply.
Previously, from January 10, China applied a new regulation requiring all durian batches from Vietnam and Thailand to have a certificate of inspection for yellow O - a compound that is potentially carcinogenic. Only laboratories approved by China are allowed to conduct this criterion test. The regulation was issued after Chinese authorities discovered yellow O residue in a shipment of Thai durian in late 2024. By the end of the month, the country had approved a list of nine Vietnamese laboratories. Currently, Vietnam is actively negotiating with China to expand the list of recognized testing laboratories, creating more favorable customs clearance conditions.
Regarding textile products, Mr. Than Duc Viet - General Director of May 10 Corporation - JSC said that even during the time when Vietnam was on Tet holiday, customers, importers, and partners of May 10 were still working normally, so in the first days of spring 2025, May 10 had positive signs, especially orders for the second quarter of 2025. Customers have confirmed orders, ensuring enough jobs for workers until the end of the second quarter of 2025.
In 2025, to achieve the double-digit growth target, May 10 will continue to expand both export and domestic markets. In addition to traditional markets such as the EU, US, and Japan, Asian markets, Korea, and China will be the markets that May 10 will continue to have policies to develop.
Efforts from the beginning of the year
In 2025, the industry and trade sector aims to achieve a 12% growth in exports, meaning that next year's export value will "aim" at 451 billion USD. To achieve double-digit growth, export industries must accelerate from the beginning of the year, take advantage of every market opportunity to get orders, and maintain continuous production.
The Ministry of Industry and Trade has determined to focus strongly on goals such as continuing to strongly reform administrative procedures, creating maximum favorable conditions for businesses. In addition, advising on the development of the most favorable policies for import and export activities. Managing imports according to tariff quotas. Strengthening research, providing timely warnings, closely following the border trade situation. In particular, strengthening the fight against fraud of goods origin.
At the first regular Government meeting in 2025, Prime Minister Pham Minh Chinh highly appreciated import-export activities in recent times. At the same time, he directed that in 2025, we will continue to promote harmonious and sustainable trade with major partner countries. Effectively exploit 17 signed FTAs, new and potential markets such as the Middle East, Halal, Latin America, Africa; promote negotiations and sign new cooperation frameworks to maintain export growth.
| In 2025, the Ministry of Industry and Trade sets a target of import-export turnover growth of about 12% compared to 2024. This is considered a very challenging target but is also likely to be achieved. |
Source: https://congthuong.vn/xuat-nhap-khau-hang-hoa-thang-12025-dat-6315-ty-usd-xuat-sieu-3-ty-usd-372470.html
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