Vietnam’s January-July Trade Jumps 28% to $659 Billion as Imports Outpace Exports
Updated
Updated · Fibre2fashion.com · Aug 3
Vietnam’s January-July Trade Jumps 28% to $659 Billion as Imports Outpace Exports
2 articles · Updated · Fibre2fashion.com · Aug 3
Summary
$659 billion in January-July trade marked a 28% rise for Vietnam, with exports reaching $320 billion and imports climbing faster to $339 billion.
34.5% import growth reflected sustained factory activity and stronger demand for machinery and production inputs, while exports rose 21.9%.
1.2 million FTA certificates of origin issued by July covered nearly $100 billion in exports, or 28% of total export value, helping officials project total 2026 trade could top $1 trillion.
8.18% first-half GDP growth and nearly 169,800 new businesses entering the market showed broad momentum, but the statistics office said hitting 10% full-year growth would require about 11.7% expansion in the second half.
Public investment, digital transformation and green-energy projects are seen as the main levers for faster growth, though officials flagged global uncertainty, uneven external demand and project bottlenecks.