Vietnam

Insights for Vietnam

BETA

May 2026 period, National level, Product aggregation

AI
Summary: In May 2026, Vietnam's total trade value reached 99.07B USD, with imports at 52.14B USD and exports at 46.93B USD. Month on month, imports increased by 2.16B USD (4.32%) and exports by 943.11M USD (2.05%). Year on year, imports surged by 13.1B USD (33.54%) while exports grew by 7.33B USD (18.52%). The trade deficit has widened, reflecting increased imports driven by global raw material prices.
AI
MoM insights: In May 2026, Vietnam's imports saw a significant increase, with the top three categories being Computers and electrical products (up by 2.61B USD, 13.89%), Machine and equipment (up by 450.14M USD, 7.59%), and Crude oil (up by 404.41M USD, 56.49%). Conversely, the lowest performing imports included Petroleum products (down by 603.91M USD, -48.02%), Cashew nuts (down by 521.67M USD, -59.29%), and Other petroleum products (down by 337.57M USD, -59.95%). On the export side, the top three categories were Computers and electrical products (up by 1.36B USD, 11.31%), Telephones and parts (up by 536.42M USD, 11.78%), and Fruits and vegetables (up by 178.38M USD, 33.40%). The lowest performing exports were Crude oil (down by 361.64M USD, -90.45%), Other products (down by 320.34M USD, -17.99%), and Coffee (down by 183.14M USD, -22.22%). Overall, total imports increased by 2.16B USD (4.32%) while total exports rose by 943.11M USD (2.05%).
AI
YoY insights: Year on year, imports in May 2026 showed substantial growth, particularly in Computers and electrical products (up by 8.04B USD, 60.33%), Machine and equipment (up by 1.05B USD, 19.81%), and Crude oil (up by 563.2M USD, 101.09%). The lowest performing imports included Cashew nuts (down by 75.93M USD, -17.49%), Maize (down by 50.15M USD, -18.92%), and Fertilizers (down by 45.59M USD, -26.22%). On the export side, the top categories were Computers and electrical products (up by 4.24B USD, 46.34%), Machine and equipment (up by 1.04B USD, 20.82%), and Telephones and parts (up by 478.9M USD, 10.39%). The lowest performing exports were Other base metals (down by 415.14M USD, -100%), Other products (down by 264.26M USD, -14.80%), and Coffee (down by 220.51M USD, -25.64%). Overall, total imports increased by 13.1B USD (33.54%) while total exports rose by 7.33B USD (18.52%).
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