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.

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Vietnam Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-09-29 02:00 AM Sep $1.14B $3.86B $ 0.8B
2022-10-29 02:00 AM Oct $2.27B $1.43B $3B
2022-11-29 02:00 AM Nov $2.27B $3.9B


Related Last Previous Unit Reference
Balance of Trade 2.27 1.43 USD Billion Oct 2022
Imports 28.00 28.39 USD Billion Oct 2022
Exports 30.27 29.82 USD Billion Oct 2022
Terms of Trade 100.71 103.28 points Dec 2021
Tourist Arrivals 484.40 431.90 Thousand Oct 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.27 1.43 4.99 -3.89 1990 - 2022 USD Billion Monthly

News Stream
Vietnam Trade Surplus Narrows in October
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.
2022-10-29
Vietnam Trade Surplus Widens in September
Vietnam's trade surplus increased to USD 1.14 billion in September of 2022 from a USD 0.4 billion gain in the same month a year earlier. It was the fourth straight month of trade surplus, as exports grew more than imports, preliminary data showed. Exports rose 10.3 percent from a year earlier to USD 29.94 billion amid sustained foreign demand, while imports went up at a slower 6.4 percent to USD 28.80 billion. Considering the first nine months of the year, the trade goods recorded a surplus of USD 6.52 billion, with exports rising by 17.3 percent from a year earlier to USD 282.52 billion while imports rose 13 percent to USD 276 billion.
2022-09-29
Vietnam Trade Surplus Largest in 8 Months
Vietnam posted a trade surplus of USD 2.42 billion in August of 2022, shifting from a deficit of USD 1.3 billion in the same month a year earlier. It was the third straight month of trade surplus, and the largest trade surplus since last December, as exports rose more than imports, amid further solid global demand, preliminary data showed. Exports jumped 22.1 percent from a year earlier to USD 33.38 billion, while imports increased at a softer 12.4 percent to USD 30.96 billion. Considering the first eight month of the year, the trade goods recorded a surplus of USD 3.96 billion, with exports rising by 17.3 percent from a year earlier to USD 250.8 billion while imports growing 13.6 percent to USD 246.84 billion.
2022-08-29