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Vietnam Balance of Trade

Last Release
Mar 31, 2025
Actual
1.63
Units In
USD Billion
Previous
-1.55
Frequency
Monthly
Next Release
May 06, 2025
Time to Release
24 Days 3 Hours
Highest
Lowest
Average
Date Range
Source
4.99
Aug 2020
-3.89
Dec 1996
0.06 USD Billion1990-2025General Statistics Office of Vietnam
Since 2012, Vietnam’s has been reporting trade trade surpluses more frequently as exports growth have been stronger than imports. In 2017, trade deficits were recorded with South Korea, China, Taiwan, Thailand, Singapore and Argentina. Vietnam recorded trade surpluses with the United States, Netherlands, Hong Kong, United Kingdom, United Arab Emirates and Austria.

Latest Updates

Vietnam's trade surplus declined to USD 1.63 billion in goods for March 2025, down from a USD 2.78 billion surplus in the same month last year, as exports grew less than imports. Exports increased by 14.5% yoy to a record high of USD 38.51 billion, while imports rose 19.0% to a record peak of USD 36.88 billion. For the first quarter of 2025, the country registered a USD 3.16 billion surplus, narrowing from USD 7.7 billion in the same period of 2024, with exports and imports advancing by 10.6% and 17.0%, respectively. During this period, total shipments of processed industrial goods reached USD 90.92 billion, accounting for 88.4% of total exports. Imports of production materials totaled USD 93.51 billion, representing 93.8% of total imports. The US was Vietnam's largest export market, with a turnover of USD 31.1 billion, while China was the country's largest import market, with a turnover of USD 38.1 billion.

Vietnam Balance of Trade History

Last 12 readings

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