Politics · Vietnam Bureau
Vietnam's trade turnover surpasses $1 trillion milestone
Vietnam's import-export trade reached a record $1.01 trillion in the first ten months of 2026, marking the first time the country has crossed the trillion-dollar threshold. The 32.3% year-on-year surge underscores Vietnam's strengthening position in global commerce.
LSN Vietnam ·
Vietnam has achieved a historic milestone in its international trade, with combined import-export turnover reaching an estimated $1.01 trillion during the January-October period of 2026. The figure represents a significant 32.3% increase compared to the same timeframe in 2025, according to official data.
This marks the first occasion that Vietnam's annual merchandise trade has exceeded the $1 trillion mark, signaling robust growth across the country's export and import sectors. The achievement reflects sustained demand for Vietnamese exports and continued integration into regional and global supply chains.
The strong trade performance has also bolstered government revenues, with budget receipts from import-export activities climbing 18.7% during the first seven months of the year. Officials have emphasized the need to further strengthen trade governance and diversify Vietnam's export markets to ensure sustainable and balanced growth in coming years.
Economic observers attribute the trade expansion to recovery in global demand, Vietnam's competitive manufacturing advantages, and the country's strategic positioning within major regional trade frameworks. The continued momentum suggests Vietnam may exceed previous annual trade records by year-end 2026.