AsemconnectVietnam - In August of 2026, the two-way trade in all goods between Vietnam and the US reached $19.42 billion, a decrease of 5.06% compared to July of 2026 but an increase of 25.23% compared to August of 2025.

Specifically, Vietnam's exports to the US totaled $17.3 billion, while imports from this market amounted to nearly $2.1 billion; consequently, Vietnam recorded a trade surplus of $15.3 billion with the US, up by 24.07% from August of 2025.
Regarding industrial goods, the total two-way trade turnover for this category between Vietnam and the US reached nearly $17.5 billion in August of 2026, down by 5.31% from July of 2026 but up by 25.82% year-on-year. Of this figure, Vietnam's exports of industrial goods to the US stood at $15.7 billion, while imports of industrial goods from the US market totaled $1.7 billion. Thus, Vietnam recorded a trade surplus of $14 billion in industrial goods with the US market in August of 2026, an increase of 23.72% compared to August of 2025.
Regarding exports, according to the customs data, Vietnam's total merchandise export turnover to the US market reached $17.35 billion in August of 2026, down by 5.67% from July of 2026 but up by 24.72% compared to August of 2025. Specifically, the export value of Vietnam's industrial goods to the US market in August of 2026 fell by 5.85% compared to July of 2026, yet rose by 24.86% year-on-year (compared to August of 2025).
In the first eight months of 2026, the total export value of Vietnam's industrial goods to this market reached $110 billion, a 22.89% increase compared to the same period of 2025. The exports of industrial goods to the US are forecast to remain positive in the near future; however, emphasis must be placed on improving the quality of growth, diversifying products and markets, and proactively addressing trade barriers.
In August of 2026, export turnover for key industrial goods, such as computers, electronic products, and components; and other machinery, equipment, tools, and spare parts, such as telephones and components, footwear of various kinds, and wood and wood products, to the US market saw a slight decline (with the sole exception of textiles and garments) compared to July of 2026, yet still showed an increase compared to the same period in August of 2025.
The composition of Vietnam's industrial exports to the US market after the first eight months of 2026 underwent significant shifts compared to the first seven months of 2025, the exports of computers, electronic products, and components, as well as machinery, equipment, tools, and spare parts, increased; conversely, the share of items such as textiles and garments, telephones and components, and wood and wood products declined.
Regarding imports, according to the customs data, Vietnam's imports from the US market in August of 2026 reached US$2.07 billion, up by 0.41% from July of 2026 and up by 29.69% year-on-year (compared to August of 2025). Specifically, the imports of industrial goods from the US market in August of 2026 totaled US$1.74 billion, a slight decrease of 0.25% from July of 2026, but a 35.06% increase compared to August of 2025.
In August of 2026, most of Vietnam's key industrial imports from the US market recorded increases compared to the same period in August of 2025. Notable among these industrial imports were computers, electronic products, and components; and various types of cotton. machinery, equipment, tools, and other spare parts; animal feed and raw materials; wood and wood products; chemicals.
Conversely, compared to August of 2025, the imports of some items from the US decreased, such as plastic raw materials; transport vehicles and spare parts; ores and other minerals; and confectionery and cereal products.
Notably, the imports of the group comprising precious stones, precious metals, and related products saw very strong growth. Specifically, while the import value in August of 2026 rose by 11.47% compared to August of 2025, the accumulated figure for the first eight months of 2026 surged by 463.39% year-on-year (reaching US$169.33 million). This was among the fastest-growing items in the portfolio of goods imported from the US during the first eight months of 2026.
Source: VITIC