Vietnam recorded a trade surplus of $7.31 billion in October, following a surplus in September, according to figures from the National Statistics Office reported by VnExpress International. Estimated trade turnover for the month was $122.03 billion, up 3.7% from September and 47.4% from a year earlier.
October exports were $64.67 billion, up 8.7% on the month and 51.4% on the year. Imports were $57.36 billion, down 1.4% on the month and up 43.1% on the year.
For the first ten months of 2026, total trade turnover reached $1.01 trillion, up 32.3% on a year earlier. VnExpress International says this is the first time turnover has passed the $1 trillion mark.
Exports in the ten months came to $499.24 billion, up 27.5%. Foreign-invested enterprises contributed $405.31 billion, up 33%, while domestic firms contributed $93.93 billion, up 8.2%. Processed products made up $452.74 billion, or 90.7% of the total.
Imports were $511.31 billion, up 37.4%, and production materials accounted for $481.03 billion, or 94.1%. That leaves a ten-month trade deficit of $12.07 billion, so the October surplus has not yet erased the earlier shortfall.
By partner, Vietnam ran surpluses with the European Union ($40.84 billion) and Japan ($3.42 billion). It ran deficits with China ($134.94 billion), South Korea ($48.63 billion) and the ASEAN bloc ($16.93 billion).
The Ministry of Industry and Trade plans to push exports, diversify markets and make better use of existing free trade agreements, the report says. It also intends to monitor trade defence cases, tariff barriers and standards, and to support product quality, branding and supply chain transparency.
Sources
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