In brief
Vietnam reported that its trade turnover surpassed 1 trillion U.S. dollars in the first ten months of 2026, led by a 27.4 percent rise in exports. Export value of processed industrial products dominated at 87.4 percent, while October alone saw a 47.6 percent jump to 122.2 billion dollars. The Ministry of Industry and Trade is drafting a new strategy to boost domestic enterprise exports to 40 percent by 2045.
On November 1, 2026, Xinhua reported that Vietnam’s total import‑export turnover reached an estimated 1.01 trillion U.S. dollars in the first ten months of the year, a year‑on‑year increase of 32.3 percent.
Exports climbed 27.4 percent to about $499 billion, with processed and manufactured industrial products accounting for 87.4 percent of the total export value, the ministry cited in the report.
In October alone, Vietnam’s trade turnover hit $122.2 billion, an increase of 47.6 percent year‑on‑year, and the month’s trade surplus was $6.8 billion, narrowing the cumulative ten‑month deficit to roughly $12.7 billion.
The 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 to 30 percent by 2030 and 40 percent by 2045.
These figures underscore Vietnam’s growing economic integration and export diversification, signaling continued momentum in its trade performance as it pursues a more robust domestic export base.
