Economics

Da Nang records over $100 million trade surplus in 7 months

Translated by THƯ LÊ • 05/08/2025 10:45

DNO - Strong export momentum and supportive policies have driven Da Nang’s trade balance into a clear surplus, signaling sustained economic recovery and rising competitiveness.

The panorama of Da Nang Port. Photo: the Da Nang Port

According to the Da Nang Statistics Office, the city’s total import-export turnover in July reached US$ 770 million, slightly down 2.2% from the previous month but up 0.1% year-on-year. Exports were estimated at US$ 411 million, while imports stood at USD$359 million.

In the seven months of 2025, Da Nang’s total trade turnover surpassed US$ 5 billion, rising 11.5% year-on-year. Export value approached US$ 2.6 billion, an increase of nearly 15%, while imports reached around US$ 2.5 billion, up more than 8%.

The city recorded a trade surplus of US$ 52 million in July alone, lifting the cumulative surplus to over US$ 100 million, more than double the figure from the first half of the year.

This positive performance reflected the impact of new fiscal policies, including Decree 174/2025/ND-CP (2% VAT reduction) and Decree 206/2025/ND-CP (import tax incentives), which have helped businesses reduce costs and boost liquidity.

Da Nang enterprises are also leveraging free trade agreements such as EVFTA, CPTPP and RCEP to navigate global market uncertainties and expand exports, contributing to Da Nang’s resilient and dynamic economic outlook.