Friday, November 6,2026 - 11:7 GMT+7  Việt Nam EngLish 

Viet Nam posts US$12.07 billion trade deficit in January-October period 

 Friday, November 6,2026

AsemconnectVietnam - Viet Nam’s total merchandise trade value set a new record of US$1,010.55 billion in the first 10 months of 2026, up 32.3 percent year on year, announced the National Statistics Office.

It marked the first time the country's total foreign trade exceeded US$1 trillion, reflecting the strong expansion of its international trade activities.
During the reviewed period, export turnover totaled US$499.24 billion, representing a year-on-year increase of 27.5 percent. Of the total, the domestic economic sector contributed US$93.93 billion, up 8.2 percent and accounting for 18.8 percent of total export value.
The foreign-invested sector, including crude oil, generated US$405.31 billion in exports, up 33 percent and making up 81.2 percent of the total.
As many as 37 export items recorded turnover exceeding US$1 billion each, accounting for 94.9 percent of the country's total export value, of which, eight items surpassed US$10 billion each, making up 73.4 percent of total exports.
Meanwhile, import volume hit US$511.31 billion, up 37.4 percent year on year. The domestic economic sector accounted for US$131.76 billion, up 23 percent, while the foreign-invested sector recorded US$379.55 billion, up 43.2 percent.
Viet Nam recorded a deficit of US$12.07 billion during the January-October period, said the National Statistics Office.
The U.S. remained Viet Nam's largest export market, with turnover reaching US$159.40 billion, while China was the largest goods supplier, with US$212.46 billion.
During the January-October period, Viet Nam posted a trade surplus of US$140.10 billion with the U.S., up 26.2 percent year on year; US$40.84 billion with the EU, up 26.8 percent; US$3.42 billion with Japan, up 110.4 percent.
Meanwhile, Viet Nam recorded trade deficit of US$134.94 billion with China, up 43.2 percent; US$48.63 billion with South Korea, up 91.1 percent; and US$16.93 billion with ASEAN, up 46 percent./.

Source: en.baochinhphu.vn/who-are-viet-nams-biggest-trade-partners-during-januaryoctober-111261105093538968.htm

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