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
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
Seafood export exceed US$10.4 billion: What's driving force for end of this year?
UKVFTA creates momentum to raise standards for Vietnamese goods in UK market
UKVFTA opens up, Vietnamese fruits and vegetables need to overcome technical barriers
RCEP expands export opportunities for Vietnamese goods to ASEAN
Exploiting FTAs, opening up more export opportunities for Nghe An
Ha Tinh: Export recover, import increase
Leveraging CEPA to expand export opportunities for Vietnamese fruits and vegetables to UAE
In the first 10 months of 2026, Vietnam's total goods import and export surpass 1,000 billion USD mark
Vietnamese coffee proactively cooperates to bring brands to the world
Quang Ninh woos Indonesian businesses with investment incentives, eyes Halal value chain
Viet Nam’s foreign trade surpasses US$1 trillion mark in first 10 months
Vietnam's seafood exports nearly reached full-year target
Vietnamese tuna exports saw growth, challenges remained
Import-export of FDI sector: strong momentum from hi-tech industry

Viet Nam seeks to expand space for ASEAN-China cooperation ...
Viet Nam expects to make greater contributions to expanding the space for ASEAN-China cooperation for shared prosperity, underlined ...Top leader To Lam to attend 81st UNGA General Debate, ...
Viet Nam treasures friendly relations with Thailand: Prime ...

Viet Nam approves action program to implement ASEAN ...
The Vietnamese Government has approved an action program to implement the ASEAN Connectivity Strategic Plan in Viet Nam for 2026–2035 ...Industry and trade sector steps up strategic technology ...
Gov't approves National AI Strategy
Viet Nam continues to strengthen its strategic position in ...

