Key insights and market outlook
Vietnam's trade surplus with the United States has reached a record $121.6 billion in the first 11 months of 2025, despite facing 20% tariffs imposed by the US since August 2025. The significant surplus highlights Vietnam's resilience in export performance and its ability to navigate trade challenges.
Vietnam's trade surplus with the United States has surged to a record $121.6 billion in the first 11 months of 2025, according to official data released on December 6, 2025. This remarkable achievement comes despite the imposition of 20% tariffs by the US administration since August 2025. The data highlights Vietnam's strong export capabilities and its ability to maintain trade momentum even under challenging conditions.
The significant trade surplus underscores Vietnam's position as a key player in global trade, particularly with its major market, the United States. While Vietnam is still in trade negotiations with Washington, the country's export performance suggests a positive outlook for its trade relations. The ability to navigate through trade barriers such as tariffs demonstrates Vietnam's resilience and adaptability in the international trade landscape.
Record Trade Surplus
Tariff Imposition