According to data from the Customs Department, the country’s total trade in May 2026 reached $99.07 billion, an increase of 3.2% compared to the previous month, equivalent to an increase of $3.1 billion.

Of which, export turnover reached $46.93 billion, up 2.1%, equivalent to an increase of $0.94 billion; import turnover reached $52.14 billion, up 4.3%, equivalent to an increase of $2.16 billion compared to April 2026.

In the first five months of 2026, the total export-import turnover of the country reached $445.12 billion, up 25% compared to the same period last year, equivalent to an increase of $89.17 billion.

Of which, export turnover reached $215.66 billion, up 19.5%, equivalent to an increase of $35.13 billion; import turnover reached $229.46 billion, up 30.8%, equivalent to an increase of $54.04 billion compared to the same period in 2025.

Along with the increase in international trade activity, the state budget revenue from export-import activities continued to record positive results.

According to the assessment of the Customs Tax Department (Customs Department), the results in May continued to be supported by the positive developments in import activities. Many key import groups with large tax revenues recorded significant growth, contributing substantially to state budget revenue.

Among them, items such as crude oil, completely built-up cars, machinery, equipment, auto parts and accessories continued to be important contributors to the Customs sector’s revenue. In addition, some raw materials and supplies for production also maintained high import turnover, helping to increase the taxable value and budget revenue.

The budget revenue results for the first five months show that export-import activities continue to maintain a positive growth trend, creating a stable source of revenue for the state budget. In the context of the country’s total export-import turnover reaching over $445 billion after just five months, revenues from export-import activities continue to play an important role in total state budget revenue, while reflecting the high level of production, business, and trade demand in the economy.

Customs Department

The Customs Department is a government agency responsible for regulating the flow of goods across borders, enforcing trade laws, and collecting tariffs and duties. Its history often dates back centuries, evolving from ancient port authorities to modern organizations that combat smuggling and facilitate global commerce. Today, it plays a crucial role in national security, economic policy, and international trade compliance.

state budget

The “state budget” is not a physical place or cultural site, but a fundamental financial document that outlines a government’s planned revenues and expenditures for a fiscal year. Its history dates back to the early modern period, with formal budgeting systems emerging in 18th-century Europe, such as the British “budget speech” introduced in the 1720s. Today, it serves as a critical tool for economic policy, reflecting a nation’s priorities and governance structure.