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. Last year, Vietnam registered a trade surplus of USD 20.03 billion, with exports and imports rising by 17.0% and 19.4%, respectively. source: General Statistics Office of Vietnam

Vietnam recorded a trade deficit of 0.66 USD Billion in December of 2025. Balance of Trade in Vietnam averaged 0.10 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 February of 2026.

Vietnam recorded a trade deficit of 0.66 USD Billion in December of 2025. 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
2026-01-05 08:00 AM
Balance of Trade
Dec $-0.66B $1.23B $ 1.3B
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 $-1.78B


Related Last Previous Unit Reference
Balance of Trade -1.78 -0.64 USD Billion Jan 2026
Exports 43.19 44.05 USD Billion Jan 2026
Imports 44.97 44.69 USD Billion Jan 2026
Terms of Trade 103.15 102.95 points Dec 2024
Tourist Arrivals YoY 2453.72 2021.62 Thousand Jan 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
-1.78 -0.64 4.99 -3.89 1990 - 2026 USD Billion Monthly

News Stream
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
Vietnam Trade Surplus Little Changed
Vietnam’s trade surplus stood at USD 1.09 billion in November 2025, compared to USD 1.06 billion in the same month of 2024. Exports rose 15.1% year-on-year to USD 39.07 billion, while imports increased 16.0% to USD 37.98 billion. In the first eleven months of 2025, Vietnam recorded a cumulative trade surplus of USD 20.53 billion, with exports and imports climbing by 16.1% and 18.4%, respectively. During this period, shipments of processed industrial goods totaled USD 381.72 billion, accounting for 88.7% of total exports. The US remained Vietnam’s largest export market, with turnover reaching USD 138.6 billion. Meanwhile, production materials amounted to USD 383.96 billion, representing 93.7% of total imports, with China remaining the country’s top source of imports. In July, the US and Vietnam signed a trade agreement under which the US will impose a 20% tariff on imports from Vietnam. In 2024, shipments to the US accounted for approximately 30% of Vietnam’s GDP.
2025-12-06