In brief
Vietnam’s total trade turnover reached $1.01 trillion between January and October 2026, a 32.3 percent jump year‑on‑year, with exports about $499 billion, dominated by processed industrial goods. The October volume was $122.2 billion, and the country narrowed its cumulative deficit to roughly $12.7 billion. The Ministry of Industry and Trade is drafting a new import‑export strategy to 2030 and a vision to 2045, targeting 40 percent domestic export share by 2045, while a Voice of Vietnam report adds a 30 percent target by 2030.
Vietnam’s total import‑export turnover reached an estimated $1.01 trillion in the first ten months of 2026, a 32.3 percent increase year‑on‑year, according to Xinhua and Voice of Vietnam.
Exports climbed to about $499 billion, up 27.4 percent from the previous year, with processed industrial products accounting for 87.4 percent of the total value.
In October alone, the country’s trade turnover hit $122.2 billion, rising 47.6 percent year‑on‑year, with a trade surplus of $6.8 billion; the cumulative deficit for the ten‑month span narrowed to roughly $12.7 billion.
Ministry of Industry and Trade is drafting a new import‑export strategy through 2030 and a vision to 2045, aiming to raise the share of domestic enterprises in national exports up to 40 percent by 2045. Voice of Vietnam adds that the strategy also targets 30 percent by 2030, a detail not mentioned in Xinhua.
