Vietnam's trade deficit narrowed to USD 1.04 billion in February 2026 from USD 1.58 billion in the same month last year. Exports rose 5.7% year-on-year to USD 33.06 billion, driven by higher sales of crude oil (11.1%) and other products (17%). Meanwhile, imports increased at a softer pace of 4.4% to USD 34.1 billion, with purchases rising for corn (145.4%), soybeans (68%), and liquefied petroleum gas (174.3%). For the first two months of 2026, Vietnam’s trade balance showed a deficit of USD 2.98 billion, with the domestic sector in deficit by USD 6.5 billion, while the foreign-invested sector posted a surplus of USD 3.52 billion. Processed industrial goods accounted for USD 68.55 billion, or 89.8% of total exports in the period, whereas imports of production materials totaled USD 74.67 billion, representing 94.1% of total imports. The US remained Vietnam’s largest export market at USD 23.8 billion, while China was the top import source at USD 31.9 billion. source: General Statistics Office of Vietnam

Vietnam recorded a trade deficit of 1.04 USD Billion in February of 2026. Balance of Trade in Vietnam averaged 0.09 USD Billion from 1990 until 2026, 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 March of 2026.

Vietnam recorded a trade deficit of 1.04 USD Billion in February of 2026. Balance of Trade in Vietnam is expected to be 1.40 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 1.50 USD Billion in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-06 02:00 AM
Balance of Trade
Jan $-1.78B $-0.64B $2.5B
2026-03-06 02:00 AM
Balance of Trade
Feb $-1.04B $-1.78B $-2.0B
2026-04-06 02:00 AM
Balance of Trade
Mar $-1.04B $ 1.4B


Related Last Previous Unit Reference
Balance of Trade -1.04 -1.78 USD Billion Feb 2026
Exports 33.06 43.19 USD Billion Feb 2026
Imports 34.10 44.97 USD Billion Feb 2026
Terms of Trade 103.15 102.95 points Dec 2024
Tourist Arrivals YoY 2228.37 2453.72 Thousand Feb 2026


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
-1.04 -1.78 4.99 -3.89 1990 - 2026 USD Billion Monthly

News Stream
Vietnam Trade Deficit Narrows in February
Vietnam's trade deficit narrowed to USD 1.04 billion in February 2026 from USD 1.58 billion in the same month last year. Exports rose 5.7% year-on-year to USD 33.06 billion, driven by higher sales of crude oil (11.1%) and other products (17%). Meanwhile, imports increased at a softer pace of 4.4% to USD 34.1 billion, with purchases rising for corn (145.4%), soybeans (68%), and liquefied petroleum gas (174.3%). For the first two months of 2026, Vietnam’s trade balance showed a deficit of USD 2.98 billion, with the domestic sector in deficit by USD 6.5 billion, while the foreign-invested sector posted a surplus of USD 3.52 billion. Processed industrial goods accounted for USD 68.55 billion, or 89.8% of total exports in the period, whereas imports of production materials totaled USD 74.67 billion, representing 94.1% of total imports. The US remained Vietnam’s largest export market at USD 23.8 billion, while China was the top import source at USD 31.9 billion.
2026-03-06
Vietnam Posts Largest Trade Gap in Nearly 4 Years
Vietnam posted a trade deficit of USD 1.78 billion in January 2026, shifting from a USD 3.1 billion surplus in the same month of 2024. It marked the second straight month of trade deficit and the largest gap since February 2022, as exports rose less than imports. Outbound shipments grew 29.7% year-on-year to USD 43.19 billion, while imports jumped 49.2% to USD 44.97 billion. During the month, shipments of processed industrial goods totaled USD 38.43 billion, accounting for 89.0% of total exports, while imports of production materials amounted to USD 42.3 billion, representing 94.0% of total imports. The US remained Vietnam’s largest export market, with turnover reaching USD 13.9 billion, while China was the largest importer, with turnover of USD 19.0 billion. The surplus with the US was $12 billion in January, nearly 30% higher than a year earlier, and only slightly lower than the USD 12.3 billion in December. Last year, Vietnam registered a total trade surplus of USD 20.03 billion.
2026-02-06
Vietnam Posts 1st Trade Gap in 10 Months
Vietnam posted a trade deficit of USD 0.66 billion in December 2025, shifting from a USD 0.52 billion surplus in the same month of 2024. It marked the first trade deficit since February, as exports rose less than imports. Outbound shipments surged 23.8% year-on-year to USD 44.03 billion, while imports jumped 27.7% to USD 44.69 billion. However, for the full year 2025, Vietnam recorded a cumulative trade surplus of USD 20.03 billion, with exports and imports rising by 17.0% and 19.4%, respectively. During this period, shipments of processed industrial goods totaled USD 421.47 billion, accounting for 88.7% of total exports. The US remained Vietnam’s largest export market, with turnover reaching USD 153.2 billion. Meanwhile, imports of production materials amounted to USD 426.11 billion, representing 93.6% of total imports, with China remaining the country’s top source of imports. In 2024, shipments to the US accounted for approximately 30% of Vietnam’s GDP.
2026-01-05