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In the first four months of 2026, Vietnam had a trade deficit of $7.11 billion.

On the morning of May 3rd, the General Statistics Office of the Ministry of Finance released the Report on the socio-economic situation for April and the first four months of 2016.

Báo Tin TứcBáo Tin Tức03/05/2026

Photo caption
Overview of the warehouse area at Mong Cai International Border Gate. Photo: Van Duc/TTXVN

In April 2026, total merchandise exports and imports are estimated at US$94.32 billion, an increase of 0.8% compared to the previous month and a 26.7% increase compared to the same period last year. Overall, in the first four months of 2026, total merchandise exports and imports are estimated at US$344.17 billion, an increase of 24.2% compared to the same period last year; of which, exports increased by 19.7%; and imports increased by 28.7%. The trade balance shows a deficit of US$7.11 billion.

According to the General Statistics Office, merchandise exports in April 2026 were estimated at US$45.52 billion, a decrease of 2% compared to the previous month. Of this, the domestic economic sector accounted for US$8.88 billion, a decrease of 1.2%; while the foreign-invested sector (including crude oil) accounted for US$36.64 billion, a decrease of 2.1%. Compared to the same period last year, merchandise exports in April 2026 increased by 21%; of which, the domestic economic sector decreased by 4.2%, and the foreign-invested sector (including crude oil) increased by 29.2%.

Overall, in the first four months of 2026, merchandise exports are estimated at US$168.53 billion, an increase of 19.7% compared to the same period last year; of which, the domestic economic sector accounted for US$33.65 billion, an increase of 0.4%, representing 20% ​​of total exports; the foreign-invested sector (including crude oil) accounted for US$134.88 billion, an increase of 25.8%, representing 80%.

In the first four months of 2026, 24 product categories achieved export turnover exceeding $1 billion, accounting for 89.1% of total export turnover (including 7 product categories with export turnover exceeding $5 billion, accounting for 69.1%).

Regarding the structure of export product groups in the first four months of 2026, the processed industrial goods group is estimated to reach US$151.5 billion, accounting for 89.9%; the agricultural and forestry products group is estimated at US$12.68 billion, accounting for 7.5%; the aquatic products group is estimated at US$3.55 billion, accounting for 2.1%; and the fuel and mineral products group is estimated at US$0.8 billion, accounting for 0.5%.

Regarding goods imports, the value of goods imported in April is estimated at US$48.8 billion, an increase of 3.6% compared to the previous month. Of this, the domestic economic sector accounted for US$13.8 billion, an increase of 2.6%; and the foreign-invested sector accounted for US$35.0 billion, an increase of 4.0%. Compared to the same period last year, the value of goods imported in April increased by 32.5%; of which, the domestic economic sector increased by 22.7%; and the foreign-invested sector increased by 36.8%.

Overall, in the first four months of 2026, the value of goods imports is estimated at US$175.64 billion, an increase of 28.7% compared to the same period last year, of which the domestic economic sector accounted for US$49.27 billion, an increase of 20.4%; and the foreign-invested sector accounted for US$126.37 billion, an increase of 32.3%.

In the first four months of 2026, 30 imported items reached a value of over $1 billion, accounting for 87.4% of total import turnover (with 2 imported items exceeding $5 billion, accounting for 49.2%).

Regarding the structure of import groups in the first four months of 2026, the group of production materials is estimated at US$165.37 billion, accounting for 94.2%; of which, machinery, equipment, tools and spare parts account for 54.8%; raw materials, fuels and materials account for 39.4%; and consumer goods are estimated at US$10.27 billion, accounting for 5.8%.

Regarding the import and export market for goods in the first four months of 2026, China was Vietnam's largest import market with an estimated turnover of 69 billion USD. In the first four months of 2026, the trade surplus with the United States was estimated at 46.9 billion USD, an increase of 24.4% compared to the same period last year; the trade surplus with the EU was 14.2 billion USD, an increase of 6.7%; the trade surplus with Japan was 0.5 billion USD, a decrease of 28.0%; the trade deficit with China was 46.4 billion USD, an increase of 33.4%; the trade deficit with South Korea was 15.0 billion USD, an increase of 57.8%; and the trade deficit with ASEAN was 7.6 billion USD, an increase of 44.3%.

Preliminary merchandise trade figures for April show a trade deficit of US$3.28 billion. Overall, for the first four months of 2026, the merchandise trade balance is estimated to have a deficit of US$7.11 billion (compared to a surplus of US$4.3 billion in the same period last year); of which, the domestic economic sector had a deficit of US$15.61 billion; and the foreign-invested sector (including crude oil) had a surplus of US$8.5 billion.

Source: https://baotintuc.vn/kinh-te/bon-thang-nam-2026-viet-nam-nhap-sieu-711-ty-usd-20260503110813833.htm


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