vietnam trade revenue

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Trade revenue set to eclipse 700 billion USD this year

Free trade agreements (FTAs) spurred Vietnam’s bilateral and multilateral trade, with 2022 revenues projected to hit a record 750 billion USD, according to experts.

Vietnam's trade revenue expected to hit new record high this year

Despite the lingering effects of the pandemic, the Ministry of Industry and Trade forecasts that Vietnam’s total trade value this year may reach a new record of between US$640 - 645 billion, with a slight trade surplus.

Trade surplus posts record high since 2016

Vietnam is estimated to enjoy a trade surplus of $19.1 billion this year – the highest since 2016.