Vietnam's trade balance in May and first five months of 2026
Friday, June 12,2026
AsemconnectVietnam - According to the preliminary data from the General Statistics Office, under the Ministry of Finance, Vietnam’s trade balance in May 2026 showed a deficit of US$5.21 billion.
In the first five months of 2026, the country’s total trade balance showed a deficit of US$13.80 billion, compared to a surplus of US$5.1 billion in the same period last year.
In May of 2026, the country's goods trade turnover reached US$99.07 billion, an increase of 3.2% compared to the previous month and an increase of 25.8% compared to the same period last year.
Overall, for the first five months of 2026, the total value of goods exports and imports reached US$445.12 billion, an increase of 25.0% compared to the same period last year.
Vietnam's exports of goods in May and the first 5 months of 2026
Vietnam's goods export value in May of 2026 reached US$46.93 billion, an increase of 2.1% compared to April of 2026.
For the first 5 months of 2026, the total goods export value reached US$215.66 billion, an increase of 19.5% compared to the same period last year.
The exports of the domestic economic sector reached US$43.5 billion, an increase of 2.5%, accounting for 20.2% of total export value; while exports from the foreign-invested sector (including crude oil) reached US$172.16 billion, an increase of 24.7%, accounting for 79.8%.
In the first five months of 2026, 26 product categories achieved export turnover exceeding US$1 billion, accounting for 90.7% of total export turnover (with 7 product categories exceeding US$10 billion, accounting for 69.3%).
In the first five months of 2026, the United States was Vietnam's largest export market with a turnover of US$69.6 billion, resulting in a trade surplus with the United States of US$60.4 billion, an increase of 21.1% compared to the same period last year. Vietnam's imports of goods in May and the first five months of 2026
Vietnam’s import value in May of 2026 reached US$52.14 billion, an increase of 4.3% compared to the previous month. Overall, in the first five months of 2026, the country’s total imports of goods reached US$229.46 billion, an increase of 30.8% compared to the same period last year. Of this, the domestic economic sector accounted for US$64.26 billion, an increase of 22.7%; and the foreign-invested sector accounted for US$165.2 billion, an increase of 34.3%.
In the first five months of 2026, China was Vietnam's largest import market with a value of US$92.6 billion.
Vietnam's agricultural, forestry, and fisheries exports in the first five months of 2026
In the first five months of 2026, Vietnam's agricultural, forestry, and fisheries exports reached US$30.69 billion, with a trade surplus of US$8.41 billion.
Of which, agricultural exports reached US$16.38 billion, forestry exports US$7.65 billion, and fisheries exports US$4.65 billion. Notably, the exports of livestock products increased by 43.2%, while the group of production inputs increased by as much as 83%. Key export markets continued to maintain positive growth. China accounted for 20.5% of the market share and increased by 28.4%; the EU increased by 4.2%; and Japan increased by 3.5%. The US market, however, decreased by 3.6%.
Also in the first five months of 2026, Vietnam's fruit and vegetable exports reached US$2.67 billion, an increase of 16% compared to the same period in 2025. China was the main export market for Vietnamese fruits and vegetables in the first five months of this year, accounting for 50% of the country's total fruit and vegetable export value.
CK
Source: VITIC/congthuong.vn
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