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.