Vietnam Balance Commerciale

Vietnam posted a trade surplus of USD 0.56 billion in goods for May 2025, swinging from a USD 0.45 billion deficit in May 2024. This marks the 2nd straight month of surplus, as exports rose more than imports. Exports surged by 17% yoy to a record high of USD 39.6 billion, reflecting a rush by factories to ship goods during a 90-day pause on new US tariffs announced by the Trump administration. Meanwhile, imports climbed 14.1% to USD 39.04 billion. For the 1st five months of 2025, the country registered a USD 4.67 billion surplus as exports and imports rose by 14.0% and 17.5%, respectively. During this period, total shipments of processed industrial goods reached USD 158.93 billion, accounting for 88.2% of total exports. The US remained Vietnam's largest export market, with turnover reaching USD 57.2 billion. Last year, shipments to the US represented about 30% of Vietnam's GDP. Under President Trump’s new tariff system, Vietnamese exports are expected to face a 46% increase in levies.