Merchandise export turnover in October 2022 was estimated at 30.27 billion USD, up 1.5% over the previous month and up 4.5% over the same period last year.
Generally, in the first 10 months of 2022, export turnover of goods was estimated at 312.82 billion USD, up 15.9% over the same period last year. Regarding the structure of export commodity groups in the first 10 months of 2022, the group of processed industrial products accounted for 89.1%.
Import turnover of goods in October 2022 was estimated at 28 billion USD, down 1.4% over the previous month and up 7.1% over the same period last year. In the 10 months of 2022, the import turnover of goods is estimated at 303.42 billion USD, up 12.2% over the same period last year. Regarding the structure of the group of imported goods in the first 10 months of 2022, the group of capital goods accounted for 93.7%.
Regarding the export and import markets of goods in the first 10 months of 2022, the United States is the largest export market of Vietnam with an estimated turnover of 93.4 billion USD. China is Vietnam's largest import market with an estimated turnover of 100.7 billion USD.
The balance of trade in goods in October was estimated to have a trade surplus of 2.27 billion USD. In the first 10 months of 2022, the trade balance of goods is estimated to have a trade surplus of 9.4 billion USD (the same period last year, the trade deficit is 0.63 billion USD).
Europe remains one of the most important and promising export markets for Vietnamese enterprises, especially following the implementation of the EU–Vietnam Free Trade Agreement (EVFTA). With a population of over 740 million and a total GDP of approximately USD 18 trillion, the region has a strong and diverse demand for imports ranging from agricultural products and processed foods to industrial goods, electronics, and textiles.
The Trump administration is planning to import eggs from Turkey and South Korea while negotiating with other countries in an effort to lower record-high prices for American consumers, officials have confirmed.
On February 13, President of USA's Donald Trump signed a new executive order on tariffs, marking a decisive step in reshaping U.S. trade policy. This order aims to increase import tariffs on trade partners with significant trade surpluses with the U.S., including Vietnam.
On May 18, 2025, Glotrans HCM officially entered its 13 years of operation, marking an ever-growing journey in international logistics and freight forwarding.
Today marks a significant milestone – 13 years of establishment and development of Glotrans Hanoi, under Global Transport and Logistics Limited Company (Glotrans). This is not only a moment to reflect on the journey we have taken, but also an opportunity to express our gratitude to those who have contributed to building a resilient, courageous, and ever-growing Glotrans Hanoi.
Glotrans would like to send to our Customers and Partners the holiday schedule for April 30, 2025 & May 1, 2025 as follows:
