Trade Balance in Vietnam

Vietnam Trade Balance | Economic News & Forecasts

Vietnam - Trade Balance

A solid rebound appears likely in Q4 after the economy slumped into a historic contraction in Q3. The manufacturing PMI inched further into expansionary territory in November—having rebounded in October following four straight months of deteriorating conditions—indicating an accelerating recovery on a demand-driven increase in production. Moreover, industrial production sprang back into growth in November, while exports grew at the fastest pace in five months in the same month. However, daily Covid-19 cases have once again risen to near-record highs, and while a rapid vaccination campaign in recent months should help limit pressures on the health service, associated domestic restrictions have been maintained in key economic centers such as Hanoi. This comes as authorities plan to ease entry restrictions for fully vaccinated international visitors from 1 January 2022 in a bid to bolster tourism in the new year.

Vietnam - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)7.4  11.0  10.8  16.5  45.4  

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Vietnam Trade Balance Chart


Vietnam Trade
Note: Trade balance in USD bn.
Source: General Statistics Office of Vietnam.

Vietnam Facts

Value Change Date
Bond Yield3.38-0.13 %Dec 31
Exchange Rate23,1730.01 %Jan 01

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