Vietnam: Merchandise exports rise at a faster pace in May
Latest reading: Merchandise exports jumped 22.7% over the same month last year in May (April: +20.6% yoy), overshooting market expectations. Meanwhile, merchandise imports shot up 19.3% in annual terms in May (April: +23.0% yoy).
As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 0.6 billion surplus in May (April 2025: USD 0.6 billion surplus; May 2024: USD 0.5 billion deficit). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 19.9 billion surplus in May, compared to the USD 18.9 billion surplus in April.