Vietnam’s trade surplus declined to USD 0.5 billion in September 2019 from a USD 1.6 billion in the same month a year earlier, a preliminary estimate showed. Exports increased 8.9 percent to USD 23.0 billion, while imports rose at a faster 15.3 percent to USD 22.5 billion. Considering January to September, the country's trade surplus narrowed to USD 5.9 billion from USD 7.1 billion in the same period of 2018. Balance of Trade in Vietnam averaged -281.45 USD Million from 1990 until 2019, reaching an all time high of 3430 USD Million in August of 2019 and a record low of -3888 USD Million in December of 1996.

Balance of Trade in Vietnam is expected to be 1000.00 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 500.00 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
2019-06-28 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 $1700M $43M $1870M
2019-09-28 02:00 AM Balance of Trade Sep $500M $3430M $500M
2019-10-29 02:00 AM Balance of Trade Oct $500M $510M
2019-11-29 02:00 AM Balance of Trade Nov $90M
2019-12-29 02:00 AM Balance of Trade Dec $ -100M


Vietnam Trade Last Previous Highest Lowest Unit
Balance of Trade 500.00 3430.00 3430.00 -3888.00 USD Million [+]
Current Account -107.00 1976.00 9471.00 -10823.00 USD Million [+]
Current Account to GDP 3.00 2.90 6.00 -12.70 percent [+]
Imports 22500.00 22450.00 23190.00 740.00 USD Million [+]
Exports 23000.00 25880.00 25880.00 537.00 USD Million [+]
External Debt 104079.00 85642.00 104079.00 10345.00 USD Million [+]
Terms of Trade 101.89 100.50 109.77 94.81 Index Points [+]
Foreign Direct Investment 14.22 11.96 19.10 0.40 USD Billion [+]
Tourist Arrivals 1561.30 1512.40 1588.20 529.40 Thousand [+]
Terrorism Index 0.66 0.00 0.66 0.00 [+]
Capital Flows 835.00 7691.00 10710.00 -5250.00 USD Million [+]
Crude Oil Production 231.00 236.00 415.00 125.00 BBL/D/1K [+]


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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
500.00 3430.00 3430.00 -3888.00 1990 - 2019 USD Million Monthly




Country Last Previous
Argentina 1168.00 Aug/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 14702.40 Aug/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -10860.00 Sep/19
Indonesia -160.50 Sep/19
Italy 2585.00 Aug/19
Japan -136.30 Aug/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3833.90 Sep/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -2490000.00 Jul/19
Switzerland 2881.00 Sep/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19


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