According to the General Department of Vietnam Customs, total trade turnover between the two countries reached nearly USD 4.5 billion, a 23.3% increase compared to the same period in 2024. Of this, Vietnam’s exports to Germany rose by 27.8% to USD 3.3 billion, while imports from Germany increased by 12.4% to USD 1.2 billion. This resulted in a trade surplus of USD 2.1 billion for Vietnam – up 38.9% year-on-year.

All major export categories to Germany experienced positive growth. In particular: Construction materials surged by 86.8%, agricultural and aquatic products rose by 74%, processed goods grew by 16.23%.

On the import side, most major imported products from Germany also saw positive growth, except for chemicals: Machinery, equipment, tools, and spare parts: USD 436.4 million (up 14%), Pharmaceuticals: USD 145.5 million (up 39.8%), Chemicals: USD 110.6 million (down 6.9%), Chemical products: USD 82.6 million (up 9.4%), Computers and electronic components: USD 56.3 million (up 16.9%), Plastic products: USD 30.8 million (up 18.7%), Automobile components and parts: USD 24.2 million (up 59.3%)

With this strong performance, Germany has regained its position as Vietnam’s largest trading partner in Europe, after briefly falling to second place in 2024.

This positive development coincides with encouraging signs from the German economy, which grew by 0.5% in Q1 2025, following two consecutive years of recession. Germany’s foreign trade also showed recovery, with total turnover rising nearly 3%. Exports reached EUR 394.3 billion (up 0.9%) and imports reached EUR 339.7 billion (up 5.1%) in the first three months of 2025.

These results reflect not only the resilience of bilateral trade ties but also the strong potential for continued growth and cooperation between Vietnam and Germany in the coming months.

Compiled by the Vietnam Trade Office in the Federal Republic of Germany