AsemconnectVietnam - Vietnam trade deficit reached 5.21 billion USD in May of 2026, from a surplus of 0.62 billion USD in May of 2025 and was the largest trade deficit ever from 1990.

In May of this year, the country’s exports of goods increased by 18% over the same period last year and reached 46.93 billion USD, while the imports increased at a faster pace of 33.8% to reache a record high of 52.14 billion USD.
In the first five months of the year, the country’s trade deficit reached 13.8 billion USD, with exports rising by 19.5% over the same period last year and reached 215.66 billion USD, and imports increased by 30.8% to 229.46 billion USD.
Vietnam’s exports of processed industrial goods were estimated to reach 193.71 billion USD, accounting for 89.8% of total exports.
The US remained the largest export market, the country’s exports of goods to the U.S were estimated at 69.6 billion USD. Meanwhile, the imports of production materials reached 215.99 billion USD, accounting for 94.1% of the country’s total imports.
China was still leading the list of import markets of the country with the import turnover estimated at 92.6 billion USD.
CK
Source: VITIC/tradingeconomics.com