Vietnam posted a trade deficit of USD 3.28 billion in April 2026, shifting from a surplus of USD 0.90 billion in the same month a year earlier. It marked the largest trade gap since December 1996, as imports rose faster than exports. Exports rose 21% from a year earlier to USD 45.52 billion, while imports grew faster at 32.5% to a record high of USD 48.8 billion. For the first four months of the year, the country recorded a USD 7.11 billion trade deficit, with exports rising 19.7% year-on-year to USD 168.53 billion, and imports advancing 28.7% to USD 175.64 billion. During the period, processed industrial goods were estimated at USD 151.5 billion, accounting for 89.9% of total exports. The US remained the largest export market, with an estimated value of USD 53.9 billion. Meanwhile, production materials were estimated at USD 165.37 billion, accounting for 94.2% of total imports. China remained the largest import market. source: General Statistics Office of Vietnam

Vietnam recorded a trade deficit of 0.67 USD Billion in March of 2026. Balance of Trade in Vietnam averaged 0.08 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 May of 2026.

Vietnam recorded a trade deficit of 0.67 USD Billion in March of 2026. Balance of Trade in Vietnam is expected to be 0.50 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
2026-04-04 05:45 AM
Balance of Trade
Mar $-0.67B $-1.01B $ 1.4B
2026-05-03 02:00 AM
Balance of Trade
Apr $-3.28B $-0.67B $-0.8B
2026-06-03 02:00 AM
Balance of Trade
May $-3.28B


Related Last Previous Unit Reference
Balance of Trade -3.28 -0.67 USD Billion Apr 2026
Exports 45.52 46.44 USD Billion Apr 2026
Imports 48.80 47.11 USD Billion Apr 2026
Terms of Trade 103.15 102.95 points Dec 2024
Tourist Arrivals YoY 2031.52 2080.08 Thousand Apr 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
-3.28 -0.67 4.99 -3.89 1990 - 2026 USD Billion Monthly

News Stream
Vietnam Posts Largest Trade Gap Since 1996
Vietnam posted a trade deficit of USD 3.28 billion in April 2026, shifting from a surplus of USD 0.90 billion in the same month a year earlier. It marked the largest trade gap since December 1996, as imports rose faster than exports. Exports rose 21% from a year earlier to USD 45.52 billion, while imports grew faster at 32.5% to a record high of USD 48.8 billion. For the first four months of the year, the country recorded a USD 7.11 billion trade deficit, with exports rising 19.7% year-on-year to USD 168.53 billion, and imports advancing 28.7% to USD 175.64 billion. During the period, processed industrial goods were estimated at USD 151.5 billion, accounting for 89.9% of total exports. The US remained the largest export market, with an estimated value of USD 53.9 billion. Meanwhile, production materials were estimated at USD 165.37 billion, accounting for 94.2% of total imports. China remained the largest import market.
2026-05-03
Vietnam Trade Balance Swings to Deficit in March
Vietnam’s trade balance reversed to a deficit of USD 0.67 billion in March 2026 from a surplus of USD 1.70 billion in the same month a year earlier. Year-on-year, exports rose 20.1% to USD 46.44 billion while imports grew faster at 27.8% to USD 47.11 billion. For the first quarter, exports increased 19.1% to USD 122.93 billion, with sales of computers, electronics, and components surging over 40%, while phones and machinery rose 23.1% and 18.2%, respectively. Meanwhile, the agriculture, forestry, and fisheries sector expanded 5.9%. Imports in the period jumped 27.0% to USD 126.57 billion, resulting in a cumulative trade deficit of USD 3.64 billion.
2026-04-04
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