Vietnam recorded a trade surplus of 2.09 USD Billion in January of 2021. source: General Statistics Office of Vietnam

Balance of Trade in Vietnam averaged -0.17 USD Billion from 1990 until 2021, reaching an all time high of 4.99 USD Billion in August of 2020 and a record low of -3.89 USD Billion in December of 1996. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Balance of Trade in Vietnam is expected to be 1600.00 USD Billion 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 1600.00 in 12 months time. In the long-term, the Vietnam Balance of Trade is projected to trend around 1600.00 USD Billion in 2022 and 1.80 USD Billion in 2023, according to our econometric models.

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Vietnam Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
2.09 -0.25 4.99 -3.89 1990 - 2021 USD Billion Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-10-29 02:00 AM Oct $2.2B $3.0B
2020-11-29 02:00 AM Nov $0.6B $2.9B $2.1B
2020-12-27 07:00 AM Dec $-1.0B $0.6B $ 1.5B
2021-01-29 02:00 AM Jan $1.3B $-0.25B $1.1B
2021-02-28 02:00 AM Feb $2.1B $2.1B
2021-03-31 02:00 AM Mar
2021-04-30 02:00 AM Apr
2021-05-31 02:00 AM May


News Stream
Vietnam Trade Balance Swings to Surplus
Vietnam posted a trade surplus of USD 1.3 billion in January of 2021, shifting from a USD 0.28 billion gap in the same month a year earlier, as exports rose more than imports, a preliminary estimate showed. Exports jumped 50.5 percent to USD 27.7 billion, boosted by sales of light industry and handicraft products (32.3%); agricultural and forestry products (21.4%) and sea food products (19.6%). Exports surged to the US, Vietnam's largest export market (57.4%), China (111.6%), South Korea (24.2%), Japan (22.7%), the EU countries (14.8%), and the ASEAN countries (31.9%). Meanwhile imports increased at a softer 41 percent to USD 26.4 billion, mainly due to purchases of capital goods (41%) and consumer goods (41.5%).China was still the largest import market of Vietnam with a turnover of USD 9.6 billion, up 72.7% over the same period last year.
2021-01-29
Vietnam December Trade Balance Swings to Deficit
Vietnam posted a trade deficit of USD 1 billion in December 2020, shifting from a USD 0.26 billion surplus in the same month a year earlier. This was the first time trade gap since April, as exports rose less than imports. Exports were up 17.6 percent to USD 26.5 billion. Meanwhile, imports surge by 22.5 percent to USD 27.5 billion. Considering the full year of 2020, the trade surplus was USD 19.1 billion, as exports advanced 6.5 percent from a year earlier to USD 281.5 billion, while imports grew 3.6 percent to USD 262.4 billion. This was the largest trade surplus in five years.
2020-12-27
Vietnam Trade Surplus Revised Lower
Vietnam’s trade surplus was revised lower to USD 0.546 billion in November 2020 from a preliminary estimate of USD 0.60 billion, customs data showed. This was the smallest trade surplus since April, as exports rose less than imports. Exports were up 11.7 percent to USD 25.5 billion. Meanwhile, imports jumped by 13.8 percent to USD 24.7 billion. Considering the first eleven months of the year, the trade surplus was USD 20.1 billion, as exports increase 5.3 percent from a year earlier to USD 254.6 billion, while imports rose 1.5 percent to USD 234.5 billion.
2020-12-14
Vietnam Trade Surplus Smallest in 7 Months
Vietnam’s trade surplus narrowed to USD 0.6 billion in November 2020 from USD 1.5 billion in the same month a year earlier, a preliminary estimate showed. This was the smallest trade surplus since April, as exports rose less than imports. Exports were up 8.8 percent to USD 24.8 billion. Meanwhile, imports jumped by 13.4 percent to USD 24.2 billion. Considering the first eleven months of the year, the trade surplus was USD 20.1 billion, as exports increase 5.3 percent from a year earlier to USD 254.6 billion, while imports rose 1.4 percent to USD 234.5 billion.
2020-11-29

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.