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Vietnam posted a trade deficit of USD 0.66 billion in December 2025, shifting from a USD 0.52 billion surplus in the same month of 2024. It marked the first trade deficit since February, as exports rose less than imports. Outbound shipments surged 23.8% year-on-year to USD 44.03 billion, while imports jumped 27.7% to USD 44.69 billion. However, for the full year 2025, Vietnam recorded a cumulative trade surplus of USD 20.03 billion, with exports and imports rising by 17.0% and 19.4%, respectively. During this period, shipments of processed industrial goods totaled USD 421.47 billion, accounting for 88.7% of total exports. The US remained Vietnam’s largest export market, with turnover reaching USD 153.2 billion. Meanwhile, imports of production materials amounted to USD 426.11 billion, representing 93.6% of total imports, with China remaining the country’s top source of imports. In 2024, shipments to the US accounted for approximately 30% of Vietnam’s GDP.