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.

Vietnam Exports to United States was US$97.07 Billion during 2023, according to the United Nations COMTRADE database on international trade. Vietnam Exports to United States - data, historical chart and statistics - was last updated on June of 2025.

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.

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.

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.

Vietnam's total Exports in 2023 were valued at US$353.08 Billion, according to the United Nations COMTRADE database on international trade. Vietnam's main export partners were: the United States, China and South Korea. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Footwear, gaiters and the like,. Total Imports were valued at US$325.44 Billion. In 2023, Vietnam had a trade surplus of US$27.63 Billion.

In 2023, electronics, computers, and components exports had the largest value amongst Vietnam's major commodities, at approximately **** billion U.S. dollars. Meanwhile, phones and related components contributed around **** billion U.S. dollars to total export earnings that year.Vietnam – An export-driven country Vietnam had greatly increased its volume and value of international trade since implementing economic reforms, or Đổi Mới in 1986. After Đổi Mới, Vietnam's trade balance recorded its first trade surplus in 2012 at around *** million U.S. dollars. In 2019, Vietnam saw a negative growth rate of worldwide exports for the first time since 2010, with a total export value reaching over ****** billion U.S. dollars that year. The country’s main export partners include the United States, the European Union, China, Japan, and South Korea.International trade agreements In 2019, Vietnam signed several significant trade agreements such as the EU-Vietnam Free Trade Agreement (EVFTA), which led to the reduction of tariffs and customs duties for both Vietnam and the European Union, as well as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which not only gave Canada access to the Vietnamese market, but also facilitated the integration of Vietnam in the global value chain.

United States Imports from Vietnam was US$142.48 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Vietnam - data, historical chart and statistics - was last updated on July of 2025.

In 2023, the value of exports from Vietnam to the United States amounted to ***** billion euros. In the same year, the total value of worldwide exports from Vietnam amounted to about ***** billion euros.

This statistic shows the value of goods exported from China to Vietnam from 2008 to 2023. In 2023, China exported goods with a value of approximately 110.65 billion U.S. dollars to Vietnam, indicating a decrease from almost 118 billion U.S. dollars in the previous year.

Key information about Vietnam Total Exports to USA

• Vietnam Total Exports to USA recorded 9.068 USD bn in Feb 2025, compared with 10.498 USD bn in the previous Jan 2025
• Vietnam Total Exports to USA data is updated monthly, available from Jan 1990 to Feb 2025, with an averaged value of 806.367 USD mn
• The data reached an all-time high of 11.797 USD bn in Aug 2024 and a record low of 0.000 USD mn in Dec 1990

CEIC extends history for monthly Total Exports to USA. Vietnam Customs provides Total Exports to USA, FOB, in USD. Total Exports to USA prior to January 2013 is sourced from the International Monetary Fund.

In 2023, Vietnam exported around 1.75 billion U.S. dollars worth of rice to the Philippines, making the Philippines the leading importer of Vietnamese rice based on export value. Indonesia imported over 640 million U.S. dollars of rice from Vietnam, followed by Mainland China and Ghana.

Net trade in goods and services (BoP, current US$) in Vietnam was reported at 35241000000 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - Net trade in goods and services (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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.

Net trade in goods (BoP, current US$) in Vietnam was reported at 44444000000 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - Net trade in goods (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

In 2022, the foreign direct investment (FDI) sector in Vietnam exported over ***** billion U.S. dollars in goods value and imported approximately ***** billion U.S. dollars of goods. By comparison, the value of exports from the domestic sector totaled around **** billion U.S. dollars, and the total imports of this sector amounted to just over ***** billion U.S. dollars.

This statistic shows the value of goods imported to China from Vietnam from 2008 to 2023. In 2023, China imported goods with a value of around 60.57 billion U.S. dollars from Vietnam, indicating an increase from approximately 58 billion U.S. dollars in the previous year.

The statistic shows the value of goods exported from Vietnam from 2013 to 2023. In 2023, goods with a value of around 353.78 billion U.S. dollars were exported from Vietnam. .

In 2023, Vietnam imported tree nuts at a value of about 1.9 billion U.S. dollars, followed by dairy products at a value of 1.18 billion U.S. dollars. In that year, the total agricultural and related products from the United States imported into the country reached over 3.46 billion U.S. dollars.

In 2023, Vietnam imported around 127 million U.S. dollars worth of cosmetics from South Korea, followed by France, Japan, and the United States. South Korean beauty products, also known as K-beauty, are particularly popular among Vietnamese consumers, thanks to the influence of Korean pop culture.