Vietnam posted a trade deficit of USD 1.30 billion in August of 2021, switching from a surplus of USD 4.99 billion in the same month a year earlier, a preliminary estimate showed. It was the largest trade deficit since May, as exports fell while imports jumped. Exports dropped 5.4 percent from a year earlier to USD 26.2 billion, while imports jumped 21.2 percent to USD 27.5 billion. For the first eight months of this year, the trade goods a recorded of USD 3.71 billion deficit, as exports increased 21.2 percent to USD 212.55 billion while imports surged 33.8 percent to USD 216.26 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 September of 2021.
Balance of Trade in Vietnam is expected to be 2.10 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 1.80 USD Billion in 2022, according to our econometric models.