Vietnam posted a trade surplus USD 0.2 billion in July 2019, compared to a USD 0.64 billion gap in the same month a year earlier, as exports rose 9.3 percent to USD 22.6 billion, boosted by sales of electronics, computers and components (19 percent); footwear (15.9 percent); wood and wood products (15.4 percent); and textiles and machinery, equipment, tools and spare parts (11.2 percent). Meantime, imports increased at a softer 5 percent to USD 22.4 billion, mainly due to purchases of means of transport and spare parts (164.3 percent); coal (122.1 percent); automobiles (36.1 percent); and electronics, computers and components (19.5 percent). Considering January to July, the country's trade surplus narrowed to USD 1.8 billion from USD 2.6 billion in the same period of 2018. Balance of Trade in Vietnam averaged -307.80 USD Million from 1990 until 2019, reaching an all time high of 2258 USD Million in March of 2018 and a record low of -3888 USD Million in December of 1996.

Balance of Trade in Vietnam is expected to be 100.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Vietnam to stand at 2000.00 in 12 months time. In the long-term, the Vietnam Balance of Trade is projected to trend around 1600.00 USD Million in 2020, according to our econometric models.

Vietnam Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-29 02:00 AM Balance of Trade Apr $-700M $1600M $750M
2019-05-29 03:00 AM Balance of Trade May $-1300M $-550M $-620M
2019-06-28 02:00 AM Balance of Trade Jun $400M $-1300M $ 100M
2019-07-29 02:00 AM Balance of Trade Jul $200M $1940M $-230M
2019-08-29 02:00 AM Balance of Trade Aug $200M $1870M
2019-09-28 02:00 AM Balance of Trade Sep $ 1000M
2019-10-29 02:00 AM Balance of Trade Oct $510M


Vietnam Trade Last Previous Highest Lowest Unit
Balance of Trade 200.00 1940.00 2258.00 -3888.00 USD Million [+]
Current Account -616.00 1244.00 9471.00 -10823.00 USD Million [+]
Current Account to GDP 3.00 2.90 6.00 -12.70 percent [+]
Imports 22400.00 19490.00 23190.00 740.00 USD Million [+]
Exports 22600.00 21430.00 23480.00 537.00 USD Million [+]
External Debt 109178.60 86952.00 109178.60 10345.00 USD Million [+]
Terms of Trade 100.50 103.42 109.77 94.81 Index Points [+]
Foreign Direct Investment 10.55 9.10 19.10 0.40 USD Billion [+]
Tourist Arrivals 1315.80 1185.40 1588.20 529.40 Thousand [+]
Terrorism Index 0.66 0.00 0.66 0.00 [+]
Capital Flows -1268.00 2295.00 10710.00 -5250.00 USD Million [+]
Crude Oil Production 233.00 240.00 415.00 125.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Vietnam Balance of Trade

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. This page provides the latest reported value for - Vietnam Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Vietnam Balance of Trade - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
200.00 1940.00 2258.00 -3888.00 1990 - 2019 USD Million Monthly




Country Last Previous
Argentina 1061.00 Jun/19
Australia 8036.00 Jun/19
Brazil 2290.00 Jul/19
Canada 135.80 Jun/19
China 450.50 Jul/19
Euro Area 20611.70 Jun/19
France -5187.00 Jun/19
Germany 16821.00 Jun/19
India -13430.00 Jul/19
Indonesia -60.00 Jul/19
Italy 5728.50 Jun/19
Japan 589.46 Jun/19
Mexico 2561.00 Jun/19
Netherlands 5158.00 Jun/19
Russia 12508.00 Jun/19
Saudi Arabia 131636.00 Mar/19
Singapore 2831.10 Jul/19
South Africa 4419.50 Jun/19
South Korea 2441.00 Jul/19
Spain -2110200.00 May/19
Switzerland 3251.00 Jun/19
Turkey -3177.27 Jun/19
United Kingdom 1779.00 Jun/19
United States -55154.00 Jun/19


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