Vietnam’s trade has hit successive major milestones – 100 billion USD in 2007 when Vietnam joined the WTO; 200 billion USD in 2011; 300 billion USD in 2015; 400 billion USD in 2017; 500 billion USD in 2019; 700 billion USD in 2022; and a historic 900 billion USD in 2025.

Vietnam has joined the group of the world’s 25 largest trading economies. Data from the World Trade Organization shows that Vietnam currently ranks 21st globally in exports and 20th in imports, up 11 and 12 places, respectively, from a decade ago.

Vietnam currently maintains trade relations with more than 230 countries and territories. China remained its largest trading partner this year, with bilateral trade estimated at 252 billion USD, followed by the United States at 170 billion USD. Together, the two markets accounted for about 46% of Vietnam’s total trade .