Vietnam posted a trade deficit of USD 1 billion in June of 2021, shifting from a surplus of USD 1.85 billion in the same month a year earlier, a preliminary estimate showed. Exports jumped 17.3 percent from a year earlier to USD 26.5 billion, while imports surged at a faster 33.5 percent to USD 27.5 billion. For the first half of this year, the trade goods a recorded of USD 1.47 billion deficit, as exports surged 28.4 percent to USD 157.63 billion while imports soared 36.1 percent to USD 159.1 billion. source: General Statistics Office of Vietnam

Balance of Trade in Vietnam averaged -0.18 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 July of 2021.

Balance of Trade in Vietnam is expected to be 1.00 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 1.10 in 12 months time. In the long-term, the Vietnam Balance of Trade is projected to trend around 1.80 USD Billion in 2022, according to our econometric models.

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Vietnam Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-1.00 -2.07 4.99 -3.89 1990 - 2021 USD Billion Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-03-29 02:00 AM Mar $0.4B $-0.5B $ 1B
2021-04-29 02:00 AM Apr $-1.5B $1.2B $2B
2021-05-29 02:00 AM May $-2B $-1.2B
2021-06-29 02:00 AM Jun $-1B $-2.07B $ 2.1B
2021-07-29 02:00 AM Jul $-1B $-1.3B
2021-08-31 02:00 AM Aug
2021-09-30 02:00 AM Sep $ 2.1B
2021-10-29 02:00 AM Oct


News Stream
Vietnam Trade Balance Swings to Deficit
Vietnam posted a trade deficit of USD 1 billion in June of 2021, shifting from a surplus of USD 1.85 billion in the same month a year earlier, a preliminary estimate showed. Exports jumped 17.3 percent from a year earlier to USD 26.5 billion, while imports surged at a faster 33.5 percent to USD 27.5 billion. For the first half of this year, the trade goods a recorded of USD 1.47 billion deficit, as exports surged 28.4 percent to USD 157.63 billion while imports soared 36.1 percent to USD 159.1 billion.
2021-06-29
Vietnam Trade Balance Swings to Deficit
Vietnam posted a trade deficit of USD 2 billion in May of 2021, shifting from a surplus of USD 1 billion in the same month a year earlier, a preliminary estimate showed. Exports jumped 35.6 percent from a year earlier to USD 26 billion, while imports surged at a faster 56.4 percent to USD 28 billion. For the first five months of this year, the trade goods a recorded of USD 0.37 billion deficit, as exports surged 30.7 percent to USD 130.94 billion while imports soared 36.4 percent to USD 131.31 billion.
2021-05-29
Vietnam Trade Deficit Widens in April
Vietnam's trade deficit widened to USD 1.5 billion in April of 2021 from USD 0.94 billion in the same month a year earlier, a preliminary estimate showed. Exports jumped 44.9 percent from a year earlier to USD 25.5 billion, while imports surged by 43.5 percent to USD 27 billion. For the first four months of this year, the trade goods a posted of USD 1.29 billion surplus, as exports surged 28.3 percent to USD 103.9 billion and imports soared 30.8 percent to USD 102.61 billion.
2021-04-29
Vietnam Trade Surplus Narrows in March
Vietnam's trade surplus narrowed to USD 0.4 billion in March of 2021 from USD 1.98 billion in the same month a year earlier, as exports rose less imports, a preliminary estimate showed. Exports jumped 18.5 percent from a year earlier to USD 28.6 billion, while imports surged by 27.3 percent to USD 28.2 billion. For the first three months of this year, the trade goods a posted of USD 2.03 billion surplus, as exports surged 22 percent to USD 77.34 billion and imports soared 26.3 percent to USD 75.31 billion.
2021-03-29

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.