Vietnam's Trade Value Surpasses $770 Billion, Reaching Record High

Vietnam's total trade value reached $770.14 billion in the first eight months of 2026, marking a record high for the period, according to data released by the General Statistics Office of Vietnam on September 5. This figure represents a 28.7% increase compared to the same period last year. Exports during the period grew by 22.4% year-on-year to $374.84 billion. The domestic sector contributed $74.47 billion to exports, while foreign direct investment (FDI) enterprises accounted for $300.37 billion. Imports surged by 35.3% year-on-year to $395.3 billion. The domestic sector's imports amounted to $105.07 billion, an increase of 23.7%, while FDI enterprises' imports reached $290.23 billion, a rise of 40.1%. This resulted in a trade deficit of $20.46 billion. The United States remains Vietnam's largest export market, with a trade value of $122 billion. China is the largest import market, with a trade value of $161.9 billion.