Trade Balance in Vietnam

Vietnam - Trade Balance
In Q2, the economy likely maintained most of Q1’s momentum. Industrial activity continued improving in April–May in annual terms. In particular, manufacturing growth soared to a 13-month high in May: Looser pandemic restrictions, growth in new orders and higher staffing levels more than offset supply shocks due to the war in Ukraine and lockdowns in China. Retail sales growth in April–May also rebounded from Q1’s contraction. Retail sales were likely boosted by the removal of Covid-19 restrictions and an invigorated tourism sector, with international arrivals skyrocketing 1,184% in annual terms in May. In other news, Deputy Prime Minister Le Van Thanh said in late May that growth may undershoot the government’s 6.0–6.5% target this year, due to an expected slowdown in global demand and the government’s reluctance to boost expenditure.Vietnam - Trade Balance Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Trade Balance (USD billion) | 7.4 | 11.0 | 10.8 | 16.5 | 45.4 |
Vietnam Trade Balance Chart

Source: General Statistics Office of Vietnam.
Vietnam Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 3.38 | -0.13 % | Dec 31 |
Exchange Rate | 23,173 | 0.01 % | Jan 01 |
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Economic News
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Vietnam: Inflation comes in at highest level since March 2020 in December
December 29, 2022
Inflation edged up to 4.5% in December, following November’s 4.4%.
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Vietnam: GDP grows at softest pace since Q1 2022 in Q4
December 29, 2022
GDP growth fell to 5.9% year on year in the fourth quarter from 13.7% in the third quarter.
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Vietnam: Industrial output records slowest growth since January in December
December 29, 2022
Industrial output growth slowed significantly in December to 3.6% in annual terms, following November’s downward revision to 6.9%.
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Vietnam: Inflation comes in at highest level since March 2020 in November
November 29, 2022
Inflation inched up to 4.4% in November, above October’s 4.3%.
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Vietnam: Industrial output growth eases to 10-month low in November
November 29, 2022
Industrial production increased 10.4% year on year in November (October: +16.5% yoy).