The growth was driven by both domestic and foreign-invested sectors. The domestic economic sector saw an export rise 20.6% to USD 53.39 billion, accounting for 28.1% of the total.

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Meanwhile, the foreign-invested sector, including crude oil, posted a 12.3% increase to USD 136.69 billion, making up the remaining 71.9%.

Processed industrial goods dominated exports, generating an estimated turnover of USD 166.79 billion.

Imports also grew steadily, rising 17% year-on-year to USD 178.45 billion. The domestic economic sector contributed USD 65.74 billion to import turnover, reflecting a 22.3% increase. The foreign-invested sector imported USD 112.71 billion worth of goods, up 14.1% compared to the same period last year.

Raw materials for production were the leading import category, accounting for a significant 94% share with a value of USD 167.73 billion.

The U.S. remained Vietnam's largest export market, with an estimated turnover of USD 54.3 billion. China retained its position as Vietnam's top import market, with an estimated value of USD 67 billion.

Source: VNA