Vietnam posted a trade deficit of USD 811 million in December 2018, larger than a previous government forecast of USD 200 million deficit. Still, the country posted a trade surplus of USD 6.8 billion for 2018, widening from a USD 2.03 billion surplus in 2017. Exports rose 13.2 percent to USD 243.48 billion in 2018, while imports were up 11.1 percent at USD 236.69 billion. Balance of Trade in Vietnam averaged -319.88 USD Million from 1990 until 2018, reaching an all time high of 2258 USD Million in March of 2018 and a record low of -3888 USD Million in December of 1996.

Balance of Trade in Vietnam is expected to be -1600.00 USD Million 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 900.00 in 12 months time. In the long-term, the Vietnam Balance of Trade is projected to trend around 1600.00 USD Million in 2020, according to our econometric models.

Vietnam Balance of Trade
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-09-28 04:00 AM Balance of Trade $700M $2.2.B $ 500M
2018-10-29 03:00 AM Balance of Trade $100M $1612M $ 1350M
2018-11-29 03:00 AM Balance of Trade $-400M $77M $ -270M
2018-12-27 08:00 AM Balance of Trade $-200M $153M
2019-01-29 02:00 AM Balance of Trade $-811M
2019-02-28 02:00 AM Balance of Trade
2019-03-29 02:00 AM Balance of Trade


Vietnam Trade Last Previous Highest Lowest Unit
Balance of Trade -811.00 400.00 2258.00 -3888.00 USD Million [+]
Current Account 1244.00 4300.00 9471.00 -10823.00 USD Million [+]
Current Account to GDP 2.90 3.00 6.00 -12.70 percent [+]
Imports 20450.00 22000.00 22000.00 740.00 USD Million [+]
Exports 19640.00 21600.00 23480.00 537.00 USD Million [+]
External Debt 86952.00 77827.00 86952.00 10345.00 USD Million [+]
Terms of Trade 100.50 103.42 109.77 94.81 Index Points [+]
Foreign Direct Investment 19.10 16.50 19.10 0.40 USD Billion [+]
Tourist Arrivals 1374.20 1301.90 1431.80 529.40 Thousand [+]
Terrorism Index 0.00 0.00 0.31 0.00 [+]
Capital Flows 2295.00 3000.00 10710.00 -5250.00 USD Million [+]
Crude Oil Production 239.00 241.00 415.00 125.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. 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 - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-811.00 400.00 2258.00 -3888.00 1990 - 2018 USD Million Monthly




Country Last Previous
Argentina 979.00 Nov/18
Australia 1925.00 Nov/18
Brazil 6639.00 Dec/18
Canada -2060.10 Nov/18
China 570.60 Dec/18
Euro Area 18967.90 Nov/18
France -5099.00 Nov/18
Germany 20500.00 Nov/18
India -13080.00 Dec/18
Indonesia -1102.00 Dec/18
Italy 3784.00 Oct/18
Japan -737.30 Nov/18
Mexico -2382.00 Nov/18
Netherlands 6983.00 Nov/18
Russia 19697.00 Oct/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.10 Dec/18
South Africa 3494.40 Nov/18
South Korea 4558.00 Dec/18
Spain -3836500.00 Oct/18
Switzerland 3071.48 Nov/18
Turkey -651.36 Nov/18
United Kingdom -2904.00 Nov/18
United States -55488.00 Oct/18


Related

Latest