Core Insights - In January 2026, Vietnam experienced a trade deficit of nearly $1.8 billion despite a significant increase in exports and imports [1][2] Export Summary - Vietnam's total exports reached $43.19 billion in January 2026, marking a year-on-year increase of 30.13% [1] - Key export categories included computers, electronic products, and components, as well as machinery and tools, both exceeding $1 billion in exports, with growth rates of 57.92% and 40.52% respectively [1] - Foreign Direct Investment (FDI) enterprises accounted for nearly 78% of total exports, amounting to $33.64 billion, which is a 43.32% increase year-on-year [1] - In the electronics, computers, and mobile phone sectors, FDI enterprises contributed to 99% of the export value [1] Import Summary - Vietnam's total imports in January 2026 reached $44.97 billion, reflecting a year-on-year increase of 49.61% [1] - Major import categories included computers, electronic products, and components, with imports growing by 70.82%, and machinery and tools, which increased by 47.11% [1] - FDI enterprises dominated the import structure, accounting for approximately 71.3% of total imports, totaling $32.06 billion, a year-on-year increase of 67.27% [1] - The current value chain structure in Vietnam indicates that domestic companies primarily engage in low-value-added activities such as processing and assembly [1] Trade Balance Summary - In the first half of January, Vietnam faced a significant trade deficit, but a recovery in exports in the latter half led to a surplus of $1.58 billion, resulting in an overall trade deficit of $1.78 billion for the month [2] - The trade balance pressure is attributed to a substantial increase in imports of raw materials and components necessary for manufacturing [2]

Group 1 - The bilateral trade between Vietnam and India is projected to reach $16.46 billion in 2025, marking a 10.5% year-on-year increase, which is a historical high [1] - Vietnam's exports to India are expected to be $10.3 billion, reflecting a growth of 14.2%, while imports from India will amount to $6.1 billion, with a growth of 4.9% [1] - Key export products from Vietnam to India include mobile phones and components ($2.1 billion, up 27%), computers and electronic products ($1.7 billion, up 15.8%), and machinery and equipment ($1.05 billion, up 11.3%) [1] Group 2 - Vietnam's imports from India will account for 1.75% of its total imports, resulting in a trade surplus of $4.23 billion, which is a 31% increase [2] - India has 378 investment projects in Vietnam, with a total investment exceeding $1 billion, primarily in sectors such as energy, mineral processing, and IT [2] - VinFast plans to invest $2 billion in an electric vehicle factory in Tamil Nadu, India, with the first phase involving $500 million and product launch scheduled for 2025 [2]

Core Insights - Vietnam's total import value reached approximately $252.26 billion by July 2025, marking a year-on-year increase of 17.9%, which translates to an increase of $38.35 billion compared to the same period last year [1] Group 1: Import Categories - The highest import category is computers, electronics, and components, with an import value of $81.78 billion, reflecting a growth of 37.2%, equivalent to an increase of $22.17 billion, accounting for nearly 32% of Vietnam's total imports [1] - The second-largest import category is machinery, equipment, tools, and spare parts, with an import value of $33.49 billion, showing a growth of 24.5%, which is an increase of $6.58 billion [1] - Other significant import categories include: - Fabrics: $8.75 billion, up 3.2% [1] - Plastic raw materials: $7.32 billion, up 11.58% [1] - Common metals: $6.38 billion, up 7.8% [1] - Plastic products: $5.93 billion, up 19.56% [1] - Mobile phones and components: $5.88 billion, up 8.3% [1] - Steel: $6.23 billion, down 9.6% [1] - Chemicals: $4.61 billion, down 6.1% [1] - Crude oil: $4.54 billion, down 10.45% [1] Group 2: Major Import Markets - The top five import markets for Vietnam in the first seven months of the year are China, South Korea, ASEAN, Japan, and the United States [2] - China remains the largest import market, with an import value of $101.45 billion, reflecting a growth of 27.2%, which is an increase of $21.71 billion, accounting for 40.2% of Vietnam's total imports [2]