Vietnam balance of trade

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Vietnam balance of trade: 2.94 (-753.33%)
Last Update: June 30, 2024

Vietnam balance of trade closed down 2.94 as of June 30, 2024 from -0.45 from the previous month and 3.09 from last year.


Vietnam balance of trade Analytics & Data




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Vietnam balance of trade

DateValues
2024-06-30 2.94
2024-05-31 -0.45
2024-04-30 1.1
2024-03-31 2.78
2024-02-29 1.38
2024-01-31 3.62
2023-12-31 10.41
2023-11-30 -7.85
2023-10-31 2.73
2023-09-30 2.2
2023-08-31 3.44
2023-07-31 3.07
2023-06-30 3.09
2023-05-31 2.01
2023-04-30 2.66
2023-03-31 1.39
2023-02-28 2.81
2023-01-31 0.52
2022-12-31 1.74
2022-11-30 0.74
2022-10-31 2.47
2022-09-30 1.43
2022-08-31 3.86
2022-07-31 0.08

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Vietnam balance of trade Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
balance of tradevn.balanceoftrade2.94-0.45-753-5UPDown582024-06-30

Vietnam balance of trade Factors

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Vietnam balance of trade Historical Data

The MacroVar database offers free access to historical data for the Vietnam balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Vietnam balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Vietnam balance of trade

The balance of trade in Vietnam refers to the difference between the value of the country's exports and imports. A positive balance of trade occurs when a country exports more goods and services than it imports, resulting in a trade surplus. Conversely, a negative balance of trade occurs when a country imports more goods and services than it exports, leading to a trade deficit. Vietnam has experienced fluctuations in its balance of trade over the years, with periods of both surplus and deficit. The country has been focusing on increasing exports and reducing imports to improve its trade balance and strengthen its economy.