Vietnam's trade turnover tops US$1tril in first 10 months of 2026


HANOI: Vietnam's total import-export turnover reached an estimated US$1.01 trillion in the first 10 months of 2026, up 32.3 per cent year on year, the Voice of Vietnam reported Sunday (Nov 1).

Exports totaled approximately US$499 billion during the period, rising 27.4 per cent from a year earlier. Processed and manufactured industrial products accounted for 87.4 per cent of total export value, the report said, citing the Ministry of Industry and Trade.

In October alone, the country's trade turnover reached US$122.2 billion dollars, up 47.6 per cent year on year, with a trade surplus of US$6.8 billion, narrowing the cumulative trade deficit for the 10-month span to about US$12.7 billion, the report added.

The ministry is drafting a new import-export strategy through 2030, with a vision to 2045, aiming to raise the share of domestic enterprises in national exports up to 30 per cent by 2030 and up to 40 per cent by 2045. - Xinhua

 

 

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