Imports and exports in January 2026 reached $88.2 billion, aiming for the $1 trillion target.
Total import and export turnover in the first month of 2026 showed strong growth, with exports reaching $43.2 billion and imports reaching $45 billion, reflecting the economic recovery.
According to statistics released by the Customs Department on February 5, 2026, the total import and export turnover of the whole country in January 2026 reached 88.2 billion USD. This result reflects the continued expansion and strong recovery of Vietnam's foreign trade after the record milestones of the previous year.
Exports maintain double-digit growth.
In the first month of the year, the country's export turnover reached US$43.2 billion, recording a growth of 29.7% compared to the same period in 2025. Notably, nine product groups achieved export turnover of US$1 billion or more, making a major contribution to the total value of goods sold to the international market.
- Computers, electronic products and components:$9.6 billion.
- Phones of all types and components:$5.7 billion.
- Machinery, equipment, tools, and spare parts:$5.4 billion.
- Textiles:$3.2 billion.
- Footwear:$2 billion.
- Transportation vehicles and spare parts:$1.6 billion.
- Wood and wood products:$1.6 billion.
- Coffee and Seafood:Both reached the $1 billion mark.
Imports increased sharply to meet production and consumption needs.
Conversely, import turnover reached US$45 billion, an increase of 49.2% compared to the same period last year. Computers, electronic products and components led the way with a value of US$16.6 billion. In addition, six other product groups also exceeded US$1 billion, including: machinery and equipment (US$5.9 billion), textiles (US$1.3 billion), base metals (US$1.2 billion), raw plastics (US$1.1 billion), plastic products (US$1 billion), and iron and steel (US$1 billion).
The trade balance in January 2026 showed a deficit of $1.8 billion. Analysts consider this a normal development as businesses increase imports of raw materials to prepare for production after the Lunar New Year holiday and to meet the increased shopping demand of the people.
Expected to reach the $1 trillion milestone in 2026.
Explaining the high growth rate compared to the same period last year, the Customs Department stated that in addition to internal recovery, historical factors also played an important role, as January 2025 coincided with the Lunar New Year holiday of the Year of the Snake, resulting in a lower benchmark for comparison.
Building on the "double record" in 2025 – surpassing both $800 billion and $900 billion respectively – Vietnam's foreign trade in 2026 is expected to set a new historical milestone: reaching $1 trillion in import and export turnover.