Vietnam-Singapore trade turnover hits $27.9 bln in 11M

by | Dec 25, 2025 | Asia

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Vietnam remained Singapore’s 10th largest trading partner during the period.

Two-way trade turnover between Vietnam and Singapore in the
first 11 months of 2025 reached nearly SGD36 billion ($27.89 billion), marking
the highest bilateral trade value ever recorded between the two economies,
according to the Vietnam Trade Office in Singapore.

The figure represents a 25.7% increase, compared the 11-month period of last year, and
13.56% higher than the total trade value recorded for the whole of 2024, which
stood at SGD31.67 billion.

Of the total, Singapore’s exports to Vietnam reached SGD24.5
billion, up 17.7%, while imports from Vietnam rose 47.2% to SGD11.5 billion.

Machinery and electrical equipment and parts, along with
mineral fuels, oils and related products, remained Singapore’s two largest
export groups to Vietnam, with a combined value of SGD16.5 billion, accounting
for 67.5% of total exports.

On the import side, machinery and electrical equipment also
led Singapore’s imports from Vietnam, reaching nearly SGD5.9 billion, more than
doubling year-on-year.

Vietnam remained Singapore’s 10th largest trading partner
during the period. 

VnEconomy-Vũ Khuê

Written By

Written by Albert Pham, News Curator and Blogger

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