Vietnam's trade surplus narrowed to USD 0.5 billion in September of 2021 from USD 2.96 billion in the same month a year earlier, as exports fell while imports rose, a preliminary data showed. Exports dropped 0.6 percent from a year earlier to USD 27.0 billion, while imports grew 9.5 percent to USD 26.5 billion. For the first nine months of this year, the trade goods a recorded of USD 2.13 billion deficit. For the first nine months of this year, the trade goods a recorded of USD 2.13 billion deficit, as exports increased 18.8 percent to USD 240.52 billion while imports surged 30.5 percent to USD 242.65 billion. source: General Statistics Office of Vietnam

Balance of Trade in Vietnam averaged -0.18 USD Billion from 1990 until 2021, 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 October of 2021.

Balance of Trade in Vietnam is expected to be 2.10 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 1.80 USD Billion in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Vietnam Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-08-29 02:00 AM Aug $-1.3B $-1.25B $-2B
2021-09-29 02:00 AM Sep $0.5B $-0.1B $ 2.1B
2021-10-29 02:00 AM Oct $0.5B $1B


News Stream
Vietnam Trade Surplus Narrows Sharply
Vietnam's trade surplus narrowed to USD 0.5 billion in September of 2021 from USD 2.96 billion in the same month a year earlier, as exports fell while imports rose, a preliminary data showed. Exports dropped 0.6 percent from a year earlier to USD 27.0 billion, while imports grew 9.5 percent to USD 26.5 billion. For the first nine months of this year, the trade goods a recorded of USD 2.13 billion deficit. For the first nine months of this year, the trade goods a recorded of USD 2.13 billion deficit, as exports increased 18.8 percent to USD 240.52 billion while imports surged 30.5 percent to USD 242.65 billion.
2021-09-29
Vietnam Trade Gap Largest in 3 Months
Vietnam posted a trade deficit of USD 1.30 billion in August of 2021, switching from a surplus of USD 4.99 billion in the same month a year earlier, a preliminary estimate showed. It was the largest trade deficit since May, as exports fell while imports jumped. Exports dropped 5.4 percent from a year earlier to USD 26.2 billion, while imports jumped 21.2 percent to USD 27.5 billion. For the first eight months of this year, the trade goods a recorded of USD 3.71 billion deficit, as exports increased 21.2 percent to USD 212.55 billion while imports surged 33.8 percent to USD 216.26 billion.
2021-08-29
Vietnam Trade Balance Swings to Deficit
Vietnam posted a trade deficit of USD 1.7 billion in July of 2021, shifting from a surplus of USD 2.78 billion in the same month a year earlier, a preliminary estimate showed. Exports grew 8.4 percent from a year earlier to USD 27.0 billion, while imports jumped 29.9 percent to USD 28.7 billion. For the first seven months of this year, the trade goods a recorded of USD 2.70 billion deficit, as exports surged 25.5 percent to USD 185.33 billion while imports soared 35.3 percent to USD 188.03 billion.
2021-07-29

Vietnam Last Unit Reference Previous Highest Lowest
Balance of Trade 0.50 USD Billion Sep/21 -1.30 4.99 -3.89
Imports 26.50 USD Billion Sep/21 27.34 29.11 0.74
Exports 27.00 USD Billion Sep/21 27.23 29.65 0.54
Terms of Trade 103.28 points Dec/20 101.50 109.77 94.81
Tourist Arrivals 9.50 Thousand Sep/21 9.30 1994.10 7.20


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.