Vietnam has become the world’s 18th largest exporting economy, with turnover of nearly US$473 billion in 2025, according to data platform Statista.
Among the world’s top 30 exporters, 11 Asian economies were named, including Singapore (14th) and Thailand (25th), according to a Statista ranking, which compiled the latest data from the World Trade Organization.
China remained the world’s largest exporter, with shipments totaling about $3.8 trillion last year, supported by an extensive network of free trade agreements.
The U.S. ranked second with exports exceeding $2.2 trillion, driven by major export products including automobiles, oil, soybeans and medical goods.
Germany ranked third with shipments worth around $1.8 trillion, followed by the Netherlands ($989 billion), Hong Kong ($754 billion), Japan ($738 billion), Italy ($726 billion) and South Korea ($709 billion).
Containers at Tan Vu Port in the northern city of Hai Phong, July 2023. Photo by VnExpress/Giang Huy |
Vietnam’s exports reached $470 billion for the first time last year after rising more than 16% from 2024. It recorded a trade surplus of over $20 billion for 2025, which helped maintain macroeconomic stability.
The growth has been driven by key exports such as electronics, computers, phones and components, machinery and agro-forestry-fishery products.
Vietnam’s total trade has expanded rapidly over the last decade, rising from $100 billion in 2009 to $930 billion last year and is expected to soon approach $1 trillion. As of April 15, year-to-date trade had reached nearly $300 billion.
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