Indonesia’s Economic Growth: 8% Despite US Competition

by Archynetys Economy Desk


Jakarta

Vietnam’s economy throughout 2025 recorded significant growth despite being hit by United States (US) import tariffs implemented by President Donald Trump. It was recorded that Vietnam’s economy grew 8%.

Quoting CNA, Monday (5/1/2025), even though Vietnam has been subject to US tariffs of 20% on a number of products since August 2025, Vietnam’s export performance has continued to accelerate.

Based on Vietnamese government data reports, Vietnam’s total exports in 2025 will increase by 17% to around US$ 475 billion.


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Of that amount, shipments to the United States amounted to US$ 153 billion, far exceeding the 2024 record figure of US$ 119.5 billion.

The surge in exports pushed Vietnam’s trade surplus with the US to close to US$ 134 billion in 2025, much higher than the previous record in 2024.

This figure even exceeds data from the US statistics agency which recorded Vietnam’s surplus reaching US$ 129.5 billion until September 2025.

This happens because Vietnam is the main link in the global supply chain for electronics, textiles, shoes and other goods.

(hrp/hns)

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