Vietnam recorded a trade surplus of 0.56 USD Billion in May of 2025. This dataset provides the latest reported value for - Vietnam Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Vietnam trade balance for 2023 was 34.51 billion US dollars, a 119.35% increase from 2022.

<ul style='margin-top:20px;'>

<li>Vietnam trade balance for 2022 was <strong>15.73 billion US dollars</strong>, a <strong>318.95% increase</strong> from 2021.</li>
<li>Vietnam trade balance for 2021 was <strong>3.75 billion US dollars</strong>, a <strong>80.37% decline</strong> from 2020.</li>
<li>Vietnam trade balance for 2020 was <strong>19.12 billion US dollars</strong>, a <strong>1.93% increase</strong> from 2019.</li>
</ul>External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

The statistic shows Vietnam's trade balance of goods from 2013 to 2023. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2023, Vietnam's trade surplus amounted to around ***** billion U.S. dollars.

Key information about Vietnam's Trade Balance

• Vietnam's Trade Balance recorded a deficit of 1.5 USD bn in Feb 2025, compared with a surplus of 3.1 USD bn in the previous month
• Vietnam's Trade Balance data is updated monthly, available from Jan 1996 to Feb 2025, with an averaged value of -170.0 USD mn
• The data reached an all-time high of 5.0 USD bn in Aug 2020 and a record low of -2.9 USD bn in May 2008

• In the latest reports, Vietnam's Total Exports reached 31.1 USD bn in Feb 2025, an increase of 40.0% YoY (year-on-year)
• Total Imports recorded 32.7 USD bn in Feb 2025, an increase of 40.0% YoY (year-on-year)

Vietnam: Trade balance, billion USD: The latest value from 2023 is 35.24 billion U.S. dollars, an increase from 15.5 billion U.S. dollars in 2022. In comparison, the world average is 4.81 billion U.S. dollars, based on data from 148 countries. Historically, the average for Vietnam from 1996 to 2023 is 2.75 billion U.S. dollars. The minimum value, -13.73 billion U.S. dollars, was reached in 2008 while the maximum of 35.24 billion U.S. dollars was recorded in 2023.

Trade (% of GDP) in Vietnam was reported at 166 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - Trade (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Vietnam Trade Balance: Hanoi data was reported at -1.445 USD bn in Oct 2018. This records a decrease from the previous number of -1.342 USD bn for Sep 2018. Vietnam Trade Balance: Hanoi data is updated monthly, averaging -1.200 USD bn from Aug 2008 (Median) to Oct 2018, with 123 observations. The data reached an all-time high of -582.000 USD mn in Mar 2009 and a record low of -1.752 USD bn in Dec 2017. Vietnam Trade Balance: Hanoi data remains active status in CEIC and is reported by Hanoi Statistical Office. The data is categorized under Global Database’s Vietnam – Table VN.JA027: Trade Statistics: Hanoi.

In 2023, the European Union had a deficit of approximately 36.15 billion euros in trade balance with Vietnam. In the same year, the European Union's imports from Vietnam amounted to about 47.59 billion euros, while the exports from the European Union to Vietnam reached approximately 11.44 billion euros.

The net trade in goods and services in Vietnam increased by 19.8 billion U.S. dollars (+127.82 percent) compared to the previous year. Therefore, the net trade in Vietnam reached a peak in 2023 with 35.24 billion U.S. dollars. Nevertheless, the last two years recorded a significantly lower net trade than the preceding years.Net trade in goods and services is derived by offsetting imports against exports of goods and services. Transactions involving a change of ownership of goods and services between residents of one country and the rest of the world are included.Find more statistics on other topics about Vietnam with key insights such as gross national income (GNI), total reserves, and annual growth of gross capital formation.

Trade Balance: Vietnam data was reported at -3.526 USD bn in Sep 2018. This records an increase from the previous number of -4.121 USD bn for Aug 2018. Trade Balance: Vietnam data is updated monthly, averaging -469.200 USD mn from Jan 1992 (Median) to Sep 2018, with 321 observations. The data reached an all-time high of 179.500 USD mn in Feb 1996 and a record low of -4.121 USD bn in Aug 2018. Trade Balance: Vietnam data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA010: Trade Statistics: Census Basis: By Country: Trade Balance.

Historical dataset showing Vietnam trade balance by year from 1986 to 2023.

The statistic shows the trade balance of goods (exports minus imports of goods) in the ASEAN countries in Asia from 2013 to 2023. A positive value means a trade surplus, a negative trade balance means a trade deficit. The ASEAN (Association of Southeast Asian Nations) countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. In 2023, the trade surplus of goods in Brunei amounted to about **** billion U.S. dollars.

Vietnam Trade Balance: Ho Chi Minh City (HCMC) data was reported at -42.000 USD mn in Sep 2018. This records an increase from the previous number of -146.400 USD mn for Aug 2018. Vietnam Trade Balance: Ho Chi Minh City (HCMC) data is updated monthly, averaging 141.050 USD mn from Dec 2004 (Median) to Sep 2018, with 166 observations. The data reached an all-time high of 1.093 USD bn in Jul 2011 and a record low of -1.341 USD bn in Jan 2018. Vietnam Trade Balance: Ho Chi Minh City (HCMC) data remains active status in CEIC and is reported by Ho Chi Minh City Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.JA031: Trade Statistics: Ho Chi Minh City.

Vietnam VN: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Costa Rica data was reported at 45.363 USD mn in Mar 2018. This records a decrease from the previous number of 50.915 USD mn for Dec 2017. Vietnam VN: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Costa Rica data is updated quarterly, averaging 0.108 USD mn from Mar 1985 (Median) to Mar 2018, with 34 observations. The data reached an all-time high of 53.413 USD mn in Sep 2016 and a record low of -0.008 USD mn in Dec 1996. Vietnam VN: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Costa Rica data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Vietnam – Table VN.IMF.DOT: Trade Balance: by Country: Quarterly.

VN: Trade Balance: Emerging and Developing Economies: Europe: CIS: Kazakhstan data was reported at 16.587 USD mn in May 2018. This records an increase from the previous number of 15.222 USD mn for Apr 2018. VN: Trade Balance: Emerging and Developing Economies: Europe: CIS: Kazakhstan data is updated monthly, averaging -0.072 USD mn from Jan 1995 (Median) to May 2018, with 173 observations. The data reached an all-time high of 16.587 USD mn in May 2018 and a record low of -2.992 USD mn in Dec 2010. VN: Trade Balance: Emerging and Developing Economies: Europe: CIS: Kazakhstan data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Vietnam – Table VN.IMF.DOT: Trade Balance: by Country: Monthly.

Vietnam VN: Trade Balance: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: Saudi Arabia data was reported at -205.856 USD mn in Mar 2018. This records an increase from the previous number of -496.260 USD mn for Dec 2017. Vietnam VN: Trade Balance: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: Saudi Arabia data is updated quarterly, averaging -2.587 USD mn from Sep 1962 (Median) to Mar 2018, with 144 observations. The data reached an all-time high of 0.540 USD mn in Mar 2000 and a record low of -496.260 USD mn in Dec 2017. Vietnam VN: Trade Balance: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: Saudi Arabia data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Vietnam – Table VN.IMF.DOT: Trade Balance: by Country: Quarterly.

VN: Trade Balance: Emerging and Developing Economies: Export Earnings: Fuel data was reported at 4.506 USD bn in 2017. This records a decrease from the previous number of 4.531 USD bn for 2016. VN: Trade Balance: Emerging and Developing Economies: Export Earnings: Fuel data is updated yearly, averaging -0.700 USD mn from Dec 1955 (Median) to 2017, with 48 observations. The data reached an all-time high of 5.930 USD bn in 2015 and a record low of -1.399 USD bn in 1988. VN: Trade Balance: Emerging and Developing Economies: Export Earnings: Fuel data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Vietnam – Table VN.IMF.DOT: Trade Balance: by Country: Annual.

Vietnam VN: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Burkina Faso data was reported at -79.475 USD mn in 2017. This records a decrease from the previous number of -63.992 USD mn for 2016. Vietnam VN: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Burkina Faso data is updated yearly, averaging -0.573 USD mn from Dec 1994 (Median) to 2017, with 7 observations. The data reached an all-time high of 0.066 USD mn in 1998 and a record low of -79.475 USD mn in 2017. Vietnam VN: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Burkina Faso data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Vietnam – Table VN.IMF.DOT: Trade Balance: by Country: Annual.

VN: Trade Balance: Advanced Economies: Israel data was reported at 147.000 USD mn in Mar 2018. This records an increase from the previous number of 135.317 USD mn for Dec 2017. VN: Trade Balance: Advanced Economies: Israel data is updated quarterly, averaging 0.045 USD mn from Dec 1961 (Median) to Mar 2018, with 105 observations. The data reached an all-time high of 190.071 USD mn in Jun 2017 and a record low of -208.568 USD mn in Jun 2015. VN: Trade Balance: Advanced Economies: Israel data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Vietnam – Table VN.IMF.DOT: Trade Balance: by Country: Quarterly.

VN: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia data was reported at -8.140 USD bn in Mar 2018. This records an increase from the previous number of -11.543 USD bn for Dec 2017. VN: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia data is updated quarterly, averaging -60.537 USD mn from Mar 1960 (Median) to Mar 2018, with 163 observations. The data reached an all-time high of 274.571 USD mn in Sep 2000 and a record low of -14.367 USD bn in Dec 2015. VN: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Vietnam – Table VN.IMF.DOT: Trade Balance: by Country: Quarterly.