Latest reading: In August, the trade balance was USD +119.1 billion, following a USD +112.3 billion figure in the prior...
Merchandise Exports in Vietnam
Merchandise exports were worth USD 406 billion in 2024 in Vietnam compared to USD 150 billion ten years earlier, and averaged USD 269 billion over the last decade. For more exports information, visit our dedicated page.
Vietnam Merchandise Exports Chart
Note: This chart displays Exports (USD billion) for Vietnam from 2014 to 2025.
Source: Macrobond.
Vietnam Merchandise Exports Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Merchandise Exports (USD bn) | 336 | 372 | 355 | 406 | 475 |
| Merchandise Exports (ann. var. %) | 18.9 | 10.6 | -4.6 | 14.4 | 16.9 |
Merchandise trade deficit shrinks in August
Latest reading: In August, the trade balance was USD -0.1 billion, following a USD -3.6 billion reading in the prior month. This marked the smallest deficit since November 2025. Over the last 12 months, the trade balance summed to USD -13.1 billion. Merchandise exports rose 26.3% in year-on-year terms in August, following a 25.6% increase in the previous month. Merchandise imports increased 38.4% in year-on-year terms in August, following 41.7% growth 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 merchandise exports projections for the next ten years from a panel of 8 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 merchandise exports forecast available for Vietnamese merchandise exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Vietnamese merchandise exports projections.
Want to get access to the full dataset of Vietnamese merchandise exports forecasts? Send an email to info@focus-economics.com.
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