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Vietnam's trade surplus with US hits record high in 2024
6 days ago · Vietnam's trade surplus up nearly 20% to more than $123 billion; All partners with bigger gaps face duties or threats of tariffs; Vietnam may reduce duty risks with vows to import more, analysts say
Vietnam Balance of Trade - TRADING ECONOMICS
Vietnam’s trade surplus on goods fell to USD 1.06 billion in November 2024 from USD 1.54 billion in the same month of 2023, marking the 6th straight month of merchandise gain but the smallest surplus in sequence, as exports grew less than imports.
Overcoming difficulties, Vietnam has a trade surplus of 12.25 …
Jan 14, 2025 · The trade balance of goods in 6 months of 2023 is estimated to have a trade surplus of 12.25 billion USD. Exports continue to increase. Specifically, in terms of goods exports, the export turnover of goods in June 2023 was estimated at 29.3 billion USD, up 4.5% compared to the previous month.
US trade deficit with Vietnam soars beyond $110 billion, as weak …
Jan 8, 2025 · The U.S. trade deficit with Vietnam exceeded $110 billion in the first 11 months of 2024, latest U.S. figures show, as exports from the Southeast Asian industrial hub grew amid a record fall...
Vietnam’s Trade Performance in 2024: How to Read the Data
Jan 16, 2025 · China reportedly achieved a record trade surplus in 2024, reaching US$992 billion—21 percent higher than the previous year—driven by strong exports and weak imports due to sluggish domestic consumption and falling commodity prices. In this context, Vietnam has emerged as a key player in the “China Plus One” strategy, highlighting its significant growth in imports and exports ...
Vietnam posts trade surplus of 24.77 billion USD in 2024
Jan 6, 2025 · Hanoi (VNA) – Vietnam's total trade revenue reached 786.29 billion USD in 2024, up 15.4% year-on-year, with a trade surplus of 24.77 billion USD, the General Statistics Office (GSO) said at a press conference in Hanoi on January 6.
Vietnam's soaring US trade surplus stokes new fears of Trump …
Dec 6, 2024 · U.S. trade data released on Thursday showed the country's deficit with Vietnam reached $102 billion in the first ten months of this year, nearly a 20% increase over the same period in 2023.
Việt Nam’s trade surplus hits $11.63 billion in the ... - Vietstock
Jul 2, 2024 · Việt Nam recorded a trade surplus of US$11.63 billion in the first six months of 2024, according to the General Statistics Office (GSO). In the first half of 2024, export turnover is expected to reach US$190.08 billion, an increase of 14.5 per cent over the same period last year.
Vietnam’s ballooning trade surplus with the United States is a significant as- pect of bilateral trade, with the country ranking as the US’s sixth-largest supplier of goods imports in 2020...
Vietnam braces for fallout from US tariffs on Chinese goods
4 days ago · With the United States, the situation is reversed, with Vietnam's trade surplus in 2024 exceeding $123 billion, Reuters reported. According to analysts, Hanoi's pledges to import more from the U.S ...