Vietnam’s total trade reached $344.17 billion in the first four months of the year, up 24.2% year-on-year, according to the National Statistics Office (NSO).

Exports were valued at $168.53 billion, rising 19.7% from a year earlier, while imports surged 28.7% to $175.64 billion, resulting in a trade deficit of $7.11 billion.

In April alone, total import-export turnover was estimated at $94.32 billion, up 0.8% from March and 26.7% compared to the same period last year.

During the January–April period, the domestic sector generated $33.65 billion in export revenue, edging up 0.4% and accounting for 20% of the total. Meanwhile, the foreign-invested sector contributed $134.88 billion, a sharp increase of 25.8%, making up the remaining 80%.

A total of 24 export items recorded turnover exceeding $1 billion, representing 89.1% of total export value. Of these, seven items posted more than $5 billion each, accounting for 69.1%.

The United States remained Vietnam’s largest export market, with turnover reaching $53.9 billion, while China was the country’s biggest source of imports at $69 billion.