Vietnam’s export sector has shown strong resilience in 2025, posting robust growth even as the United States and other markets impose higher trade tariffs. Latest data indicate that Vietnam’s average export growth during January–November reached around 28% year-on-year, with shipments to the US — its largest export destination — rising by over 30% despite tariff pressures.
Total trade turnover in this period neared US$840 billion, with exports exceeding US$430 billion — surpassing Vietnam’s full-year export figure for 2024. Exports to the United States alone exceeded US$138 billion, up more than 27% from the previous year, according to customs data.
The strong performance reflects a combination of front-loading of major orders ahead of tariff implementation, continued demand from international markets, and diversification of export categories — with electronics emerging as a leading export to the US.
While economists note that US reciprocal tariffs of around 20% could temper growth over time, Vietnam’s trade flows, foreign direct investment, and macroeconomic indicators have outperformed initial projections, demonstrating the country’s export competitiveness and adaptability.
Vietnam also remains in ongoing trade negotiations with the United States aimed at stabilising long-term market access, underscoring the strategic importance of the US market to its export-driven economy. Overall, Vietnam’s ability to sustain strong export growth despite tariff headwinds highlights the resilience of its manufacturing base and its pivotal role in global supply chains.
