Vietnam’s trade surplus widened to USD 3.5 billion in September 2020 from USD 1.6 billion in the same month a year earlier, a preliminary estimate showed. Exports jumped 17.5 percent to USD 27.5 billion. Meanwhile, imports increased at a softer by 10.6 percent to USD 24 billion. Considering the first nine months of the year, the trade surplus was USD 16.99 billion, as exports were up 4.2 percent from a year earlier to USD 202.86 billion, while imports fell 0.8 percent to USD 185.87 billion.

Balance of Trade in Vietnam averaged -0.21 USD Billion from 1990 until 2020, reaching an all time high of 4.98 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 October of 2020.

Balance of Trade in Vietnam is expected to be 0.60 USD Billion 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 2.10 in 12 months time. In the long-term, the Vietnam Balance of Trade is projected to trend around 1600.00 USD Billion in 2021 and 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
3.50 4.98 4.98 -3.89 1990 - 2020 USD Billion Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-29 02:00 AM Jun $500M $1000M $ 500M
2020-07-29 02:00 AM Jul $1000M $1852M $750M
2020-08-29 02:00 AM Aug $3.5B $2.8B $2.9B
2020-09-29 02:00 AM Sep $3.5B $5.0B $ 0.6B
2020-10-29 02:00 AM Oct $3.5B
2020-11-29 02:00 AM Nov
2020-12-29 02:00 AM Dec $ 1.5B


News Stream
Vietnam Trade Surplus Widens in September
Vietnam’s trade surplus widened to USD 3.5 billion in September 2020 from USD 1.6 billion in the same month a year earlier, a preliminary estimate showed. Exports jumped 17.5 percent to USD 27.5 billion. Meanwhile, imports increased at a softer by 10.6 percent to USD 24 billion. Considering the first nine months of the year, the trade surplus was USD 16.99 billion, as exports were up 4.2 percent from a year earlier to USD 202.86 billion, while imports fell 0.8 percent to USD 185.87 billion.
2020-09-29
Vietnam Posts Largest Trade Surplus on Record
Vietnam’s trade surplus widened slightly to USD 3.5 billion in August 2020 from USD 3.4 billion in the same month a year earlier, a preliminary estimate showed. It was the largest trade surplus since the series began in 1990. Exports rose 2.5 percent to USD 26.5 billion, mainly due to Samsung promoting the export of the new version of Note 20 products. Meanwhile, imports increased by 2.8 percent to USD 23 billion. Considering the first eight months of the year, the trade surplus was USD 11.9 billion, as exports were up 1.6 percent from a year earlier to USD 174.11 billion, while imports fell 2.2 percent to USD 162.21 billion.
2020-08-29
Vietnam Trade Surplus Widens in July
Vietnam’s trade surplus widened to USD 1.0 billion in July 2020 from USD 0.04 billion in the same month a year earlier, a preliminary estimate showed. Exports rose 0.3 percent to USD 23 billion, while imports declined 2.9 percent to USD 22 billion. Considering the first seven months of the year, the trade surplus was USD 6.46 billion, as exports were up 0.2 percent from a year earlier to USD 145.79 billion, while imports fell 2.9 percent to USD 139.33 billion. GSO's trade data is often subject to significant revision.
2020-07-29
Vietnam Trade Surplus Narrows in June
Vietnam’s trade surplus decreased to USD 0.50 billion in June 2020 from USD 1.93 billion in the same month a year earlier, a preliminary estimate showed. Exports fell 2 percent to USD 21 billion, while imports rose 5.2 percent to USD 20.5 billion. Considering the first half of the year, exports dropped 1.1 percent from a year earlier to USD 121.21 billion, while imports went down 3 percent to USD 117.17 billion, bringing a trade surplus of USD 4 billion.
2020-06-29

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.