Vietnam's trade surplus declined to USD 2.27 billion in October of 2022 from a USD 2.74 billion gain in the same month a year earlier. It was the fifth straight month of trade surplus, as exports grew less than imports, preliminary data showed. Exports rose 4.5 percent from a year earlier to USD 30.27 billion amid sustained foreign demand, while imports rose at a faster 7.1 percent to USD 28.0 billion. Considering the first ten months of the year, the trade goods recorded a surplus of USD 9.4 billion, with exports rising by 15.9 percent from a year earlier to USD 312.82 billion while imports rose 12.2 percent to USD 303.42 billion. source: General Statistics Office of Vietnam
Balance of Trade in Vietnam averaged -0.13 USD Billion from 1990 until 2022, 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 November of 2022.
Balance of Trade in Vietnam is expected to be 3.40 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Balance of Trade is projected to trend around 1.00 USD Billion in 2023 and 0.40 USD Billion in 2024, according to our econometric models.