Vietnam Balance of Trade

Last Release

May 31, 2025

Actual

0.56

Units In

USD Billion

0.58

Frequency

Monthly

Next Release

Jul 06, 2025

Time to Release

27 Days 19 Hours

Highest	Lowest	Average	Date Range	Source
4.99 Aug 2020	-3.89 Dec 1996	0.06 USD Billion	1990-2025	General 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 posted a trade surplus of USD 0.56 billion in goods for May 2025, swinging from a USD 0.45 billion deficit in May 2024. This marks the 2nd straight month of surplus, as exports rose more than imports. Exports surged by 17% yoy to a record high of USD 39.6 billion, reflecting a rush by factories to ship goods during a 90-day pause on new US tariffs announced by the Trump administration. Meanwhile, imports climbed 14.1% to USD 39.04 billion. For the 1st five months of 2025, the country registered a USD 4.67 billion surplus as exports and imports rose by 14.0% and 17.5%, respectively. During this period, total shipments of processed industrial goods reached USD 158.93 billion, accounting for 88.2% of total exports. The US remained Vietnam's largest export market, with turnover reaching USD 57.2 billion. Last year, shipments to the US represented about 30% of Vietnam's GDP. Under President Trump’s new tariff system, Vietnamese exports are expected to face a 46% increase in levies.