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).
In recent years, Vietnam has continuously strengthened its international partnerships and fostered long-term, sustainable relationships with countries around the world, aiming to boost economic growth through trade and global goods exchange.
As the United States officially imposes countervailing duties of up to 46% on certain export products from Vietnam, the Vietnamese logistics sector is facing significant challenges—including rising operational costs, longer shipping times, and the risk of supply chain disruptions.
It is evident that digitalization has become the defining trend of the modern era. Across all industries and sectors, businesses are shifting from traditional development strategies to automation and digital transformation, aiming to optimize operational efficiency and productivity.
Glotrans Holiday Notice – Vietnam Independence Day (02/09/2025) Dear Valued Customers and Partners, Glotrans would like to inform you of our Vietnam Independence Day holiday schedule as follows:
On August 15, 2025, the Glotrans family proudly celebrates the 16th anniversary of the company’s establishment (2009 – 2025) – a remarkable milestone that marks our journey of formation, growth, and continuous advancement in both domestic and international logistics markets.
"One Team – One Will – One Journey" – this is not just a slogan, but the very spirit that ran through the 2025 Team Building trip of the Glotrans Da Nang and Glotrans Quy Nhon family.
