Latest reading: In September, the trade balance was USD +90.4 billion, following a USD +102.3 billion figure in the previous...
Merchandise Trade Balance in Vietnam
The merchandise trade balance in Vietnam averaged USD 22.1 billion in the decade to 2024. The 2024 reading was USD 43.2 billion. For more information on trade, visit our dedicated page.
Vietnam Trade Chart
Note: This chart displays Trade Balance (USD billion) for Vietnam from 2025 to 2024.
Source: Macrobond.
Vietnam Trade Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | 30.7 | 15.7 | 29.4 | 44.0 | 43.2 |
Merchandise trade surplus narrows in September
Latest reading: In September, the trade balance was USD +2.8 billion, following a USD +3.7 billion reading in the prior month. Over the last 12 months, the trade balance summed to USD +19.7 billion. Exports rose 25.2% in annual terms in September, following a 17.6% rise in the prior month, underscoring their resilience despite the 20% U.S. tariffs introduced in July; the States remain Vietnam’s largest trading partner, accounting for nearly 30% of total goods exports. Imports were up 25.4% in year-on-year terms in September, coming on the back of a 17.6% rise in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Vietnamese trade projections for the next ten years from a panel of 6 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Vietnamese trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Vietnamese trade projections.
Want to get access to the full dataset of Vietnamese trade forecasts? Send an email to info@focus-economics.com.
Latest Global Trade News
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China: Merchandise exports beat expectations in September -
Germany: Merchandise trade surplus narrows in August Latest reading: In August, the trade balance was USD +12.8 billion, following a USD +17.1 billion reading in the previous... -
Taiwan: Export surge continues in September Latest reading: In September, the trade balance was USD +12.4 billion, following a USD +16.8 billion figure in the previous... -
Vietnam: Merchandise trade surplus narrows in September Latest reading: In September, the trade balance was USD +2.8 billion, following a USD +3.7 billion reading in the prior... -
Korea: Merchandise trade surplus widens in September Latest reading: In September, the trade balance rose to USD +9.6 billion, up from USD +6.5 billion in the previous... -
Indonesia: Merchandise trade surplus increases in July Latest reading: In July, the trade balance was USD +5.0 billion, following a USD +4.6 billion reading in the previous... -
Thailand: Merchandise trade surplus shrinks in August Latest reading: In August, the trade balance was USD +0.8 billion, following a USD +2.5 billion reading in the prior...