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.

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Vietnam Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-1.30 -1.25 4.99 -3.89 1990 - 2021 USD Billion Monthly


Calendar GMT Actual Previous Consensus TEForecast
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 $-1.7B $-0.56B $-1.3B
2021-08-29 02:00 AM Aug $-1.3B $-1.25B $-2B
2021-09-30 02:00 AM Sep $-1.3B $ 2.1B
2021-10-29 02:00 AM Oct
2021-11-29 02:00 AM Nov
2021-12-29 02:00 AM Dec $ 1.1B


News Stream
Vietnam Trade Gap Largest in 3 Months
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.
2021-08-29
Vietnam Trade Balance Swings to Deficit
Vietnam posted a trade deficit of USD 1.7 billion in July of 2021, shifting from a surplus of USD 2.78 billion in the same month a year earlier, a preliminary estimate showed. Exports grew 8.4 percent from a year earlier to USD 27.0 billion, while imports jumped 29.9 percent to USD 28.7 billion. For the first seven months of this year, the trade goods a recorded of USD 2.70 billion deficit, as exports surged 25.5 percent to USD 185.33 billion while imports soared 35.3 percent to USD 188.03 billion.
2021-07-29
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 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.