Viet Nam

In 2012, the value of merchandise exports of Viet Nam increased substantially by 18.2 percent to reach 114.5 bln US$, while its merchandise imports increased moderately by 6.6 percent to reach 113.8 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively small surplus of 748.7 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Eastern Asia at -29.9 bln US$ (see graph 4). Merchandise exports in Viet Nam were diversified amongst partners; imports were also diversified. The top 19 partners accounted for 80 percent or more of exports and 11 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Viet Nam increased substantially by 10.5 percent, reaching 9.6 bln US$, while its imports of services increased moderately by 5.6 percent and reached 12.5 bln US$ (see graph 2). There was a moderate trade in services deficit of 2.9 bln US$.

Related Subject(s): International Trade and Finance

Countries: Viet Nam