Vietnam recorded a trade deficit of USD 3.6 billion in July 2026, shifting from a surplus of USD 2.3 billion in the corresponding month a year earlier. Exports rose 25% year-on-year to USD 53.1 billion, while imports jumped 41.4% to USD 56.7 billion. In the January-July period, the country posted a trade deficit of USD 20.5 billion, with exports increased 21.7% to USD 319.53 billion, while imports climbed 34.8% to USD 340.1billion. The cumulative deficit has already exceeded previous full-year record of about USD 18 billion set in 2008, with higher fuel costs contributing to import growth. Processed industrial goods accounted for an estimated USD 287.9 billion, or 90.1% of total exports. The US remained the largest export market, with exports estimated at USD 104.7 billion. Meanwhile, imports of production materials were estimated at USD 320 billion, representing 94.1% of total imports. China remained the largest source of imports, with import turnover estimated at USD 138.6 billion. source: General Statistics Office of Vietnam

Vietnam recorded a trade deficit of 3.59 USD Billion in July of 2026. Balance of Trade in Vietnam averaged 0.05 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 -5.21 USD Billion in May of 2026. 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 August of 2026.

Vietnam recorded a trade deficit of 3.59 USD Billion in July of 2026. Balance of Trade in Vietnam is expected to be 3.10 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 -0.50 USD Billion in 2027 and -0.60 USD Billion in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-03 02:00 AM
Balance of Trade
Jun $-2.64B $-5.21B $ 0.5B
2026-08-03 02:00 AM
Balance of Trade
Jul $-3.59B $-2.64B $-1.8B
2026-09-03 02:00 AM
Balance of Trade
Aug $-3.59B


Related Last Previous Unit Reference
Balance of Trade -3.59 -2.64 USD Billion Jul 2026
Exports 53.08 50.79 USD Billion Jul 2026
Imports 56.67 53.43 USD Billion Jul 2026
Terms of Trade 103.15 102.95 points Dec 2024
Tourist Arrivals YoY 1665.85 1678.28 Thousand Jul 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
-3.59 -2.64 4.99 -5.21 1990 - 2026 USD Billion Monthly

News Stream
Vietnam Trade Balance Swings to Deficit
Vietnam recorded a trade deficit of USD 3.6 billion in July 2026, shifting from a surplus of USD 2.3 billion in the corresponding month a year earlier. Exports rose 25% year-on-year to USD 53.1 billion, while imports jumped 41.4% to USD 56.7 billion. In the January-July period, the country posted a trade deficit of USD 20.5 billion, with exports increased 21.7% to USD 319.53 billion, while imports climbed 34.8% to USD 340.1billion. The cumulative deficit has already exceeded previous full-year record of about USD 18 billion set in 2008, with higher fuel costs contributing to import growth. Processed industrial goods accounted for an estimated USD 287.9 billion, or 90.1% of total exports. The US remained the largest export market, with exports estimated at USD 104.7 billion. Meanwhile, imports of production materials were estimated at USD 320 billion, representing 94.1% of total imports. China remained the largest source of imports, with import turnover estimated at USD 138.6 billion.
2026-08-03
Vietnam Trade Balance Swings to Deficit
Vietnam recorded a trade deficit of USD 2.64 billion in June 2026, shifting from a surplus of USD 3.2 billion in the same month a year earlier. Exports grew 28.1% year-on-year to a record high of USD 50.79 billion, while imports rose at a faster pace of 45.2% to a record high of USD 53.43 billion. For the first half of the year, the country posted a USD 16.65 billion trade deficit, with exports rising 21.0% yoy to USD 266.52 billion, and imports surging 33.4% to USD 283.17 billion. During the period, exports of processed industrial goods were estimated at USD 239.8 billion, accounting for 90.0% of total exports. The US remained the largest export market, with exports estimated at USD 86.5 billion. Meanwhile, imports of production materials were estimated at USD 266.4 billion, accounting for 94.1% of total imports. China remained the largest source of imports, with import turnover estimated at USD 115.2 billion.
2026-07-03
Vietnam Posts Largest Trade Gap on Record
Vietnam recorded a trade deficit of USD 5.21 billion in May 2026, shifting from a surplus of USD 0.62 billion in the same month a year earlier and marking the largest trade deficit since records began in 1990. Exports grew 18.0% yoy to a record peak of USD 46.93 billion, while imports rose at a faster pace of 33.8% to a record high of USD 52.14 billion. For the first five months of the year, the country posted a USD 13.8 billion trade deficit, with exports rising 19.5% yoy to USD 215.66 billion, and imports surging 30.8% to USD 229.46 billion. During the period, exports of processed industrial goods were estimated at USD 193.71 billion, accounting for 89.8% of total exports. The US remained the largest export market, with exports estimated at USD 69.6 billion. Meanwhile, imports of production materials were estimated at USD 215.99 billion, accounting for 94.1% of total imports. China remained the largest source of imports, with import turnover estimated at USD 92.6 billion.
2026-06-03