Hanoi's export turnover in May 2025 was estimated at US$1.8 billion, marking a slight decrease of 0.6% compared to April but a robust 13.3% increase on-year, according to the Hanoi Statistics Department.

Of the figure, the domestic economic sector contributed $1.1 billion, down 0.6% from the previous month but up 18.7% year-on-year. The foreign-invested sector reached nearly $700 million, down 0.7% from April but up 5.7% compared to May 2024.

Several key export products continued to show solid growth, led by machinery, equipment, and spare parts with export earnings of $281 million, up a striking 73.4%, vehicles and parts reached $232 million, up 4.1%, while textiles and garments totaled $189 million, rising 10.6%.

Wood and wood products hit $69 million, up 22.4%, and phones and components soared to $26 million, a 3.5-fold increase over the same period last year. Other goods groups contributed $510 million, representing a 32.6% rise.

However, some categories saw declines compared to last year: computers, electronics, and components reached $232 million, down 2%; agricultural products dropped 2.2% to $164 million; gasoline plummeted 62.6% to $44 million; footwear and leather goods totaled $28 million, down 13.5%; and glass and glass products fell 11.4% to $25 million.

For the first five months of 2025, Hanoi's total export turnover was estimated at $8.2 billion, up 13.1% compared to the same period in 2024. The domestic sector contributed $4.7 billion, rising 9.5%, while the foreign-invested sector earned $3.5 billion, up 18%.

Machinery, equipment, and spare parts remained a highlight with an export value of $1.2 billion, surging 34.1%, computers, electronics, and components reached $1.1 billion, up 5.5%, and vehicles and parts totaled $1.1 billion, up 26.4%.

Whilst, textiles and garments earned nearly $900 million, up 13.7%, agricultural products achieved $707 million, up 6%, wood and wood products brought in $352 million, up 12%, and other goods categories contributed $2.2 billion, up 27.2%.

On the downside, gasoline and ceramics recorded declines, down 61.9% and 4.6%, respectively.

In May 2025, Hanoi's imports of goods were estimated at $3.9 billion, showing a slight decrease of 0.3% from April but an increase of 8.9% year-on-year.

Of this, the domestic sector accounted for $3.2 billion, down 0.2% from the previous month but up 8.5% compared to last year. The foreign-invested sector reached $682 million, down 1.3% from April but up 10.6% year-on-year.

Many product categories posted solid growth compared to the same period last year. Machinery, equipment, and spare parts hit $789 million, up 24.4%; vehicles and parts reached $322 million, up 32.3%; and computers, electronics, and components totaled $264 million, up 14.2%. Chemical products, plastics, animal feed, and other goods groups also saw increases.

Conversely, some items experienced declining imports, including gasoline, down 9.5% to $369 million; iron and steel, down 5.2% to $170 million; other metals, down 2.8%; plastics, down 8.9%; and household electrical appliances and components, down 12.1%.

For the first five months of the year, Hanoi's total import turnover was estimated at $18.1 billion, up 12.7% year-on-year. The domestic sector contributed $15 billion, up 11.6%, while the foreign-invested sector earned $3.1 billion, up 18.3%.

Machinery, equipment, and spare parts were a major driver, with imports reaching $3.6 billion, up 37.6%. Vehicles and parts climbed to $1.4 billion, up a remarkable 62.1%; and computers, electronics, and components reached $1.2 billion, up 21.6%.

Other groups such as iron and steel, other metals, plastics, textiles, chemicals, and various other goods also showed stable growth. Of the 14 main import categories, only two recorded declines: gasoline dropped 24.8% to $1.7 billion, and corn fell 31.2% to $220 million.