Seven groups of export items top US$10 billion each in Jan-Oct

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Vietnam, Algeria eye stronger trade in farm produce

Vietnam, Algeria eye stronger trade in farm produce

Trade June 12, 2026

HCMC – Vietnam and Algeria are seeking to strengthen direct business links to expand trade in agricultural products and reduce intermediary costs, Vietnamese Ambassador to Algeria Tran Quoc Khanh told businesses and officials in Algeria's Skikda Province.

HCMC – Vietnam's total foreign trade in the year to October had amounted to US$557.95 billion, with seven groups of export items generating export revenue of US$10 billion or above each.
These high-performing groups of export merchandise included electronics, computers, and components; phones and phone parts; machinery, tools, and parts; textiles and garments; footwear; transportation vehicles and accessories; and wood and wood products. Data from the General Statistics Office of Vietnam indicated that October alone saw the country's trade with the rest of the world reaching US$61.62 billion, up by 5.6% over the same period last year. However, when considering the cumulative data in January-October, total trade dropped by 9.6% year-on-year due to a 7.1% decrease in exports and a 12.3% fall in imports. From January to October, the export revenue of 33 groups of products exceeded US$1 billion each, and these groups collectively accounted for 92.9% of the nation's total export revenue. The manufacturing and processing industry held the lion's share, making up a substantial 88.3% of the total export revenue. The group of fuels and minerals made up 1.2%, while agricultural and forestry products contributed 7.9%, and seafood products constituted 2.6%. Vietnam's major trading partners continued to play a vital role in its trade dynamics. The U.S. remained the largest export market for Vietnam, with an estimated trade value of US$78.6 billion. On the import side, China took the lead as Vietnam's primary source, contributing an estimated US$89.8 billion to the trade volume.

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Vietnam, Algeria eye stronger trade in farm produce

Vietnam, Algeria eye stronger trade in farm produce

Trade June 12, 2026

HCMC – Vietnam and Algeria are seeking to strengthen direct business links to expand trade in agricultural products and reduce intermediary costs, Vietnamese Ambassador to Algeria Tran Quoc Khanh told businesses and officials in Algeria's Skikda Province.