Francois holds undergraduate and graduate degrees in economics from the Université . Table reflects only those months for which there was trade. Vietnam trade balance, exports and imports by country and region 2019 In 2019, Vietnam major trading partner countries for exports were United States, China, Japan, Korea, Rep. and Hong Kong, China and for imports they were China, Korea, Rep., Japan, Other Asia, nes and United States. The EU purchased as much as 16% of the country's global exports in 2019. • When commercial presence in another country (mode 3) is accounted for, trade in services was worth US$ 13.3 trillion in 2017. Balance." Throughout Thailand's host year, the APEC 2022 logo will be used to represent Thailand's theme and priorities. 2019 : U.S. trade in goods with Africa . 2020 was a challenging year. Vietnam, Service imports (BoP, current US$) is 18,988,000,000.00. Vietnam had a total export of 264,610,322.65 in thousands of US$ and total imports of 253,442,015.85 in thousands of US$ leading to a positive trade balance of 11,168,306.80 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Vietnam is 1.66% and the Most Favored Nation (MFN) Weighted Average tariff is 5.60%.The trade growth is 5.04% compared to a world . 10 among U.S. trade partners in September. Vietnam is Australia's fourteenth largest trading partner (2019) and Australia is estimated to be Vietnam's fourteenth largest trading partner (2018). Investment Total two-way goods trade for 2019 was $12.2 billion. Present. Francois joined the IMF in 2009 and was previously the IMF Resident Representative in Georgia. A small portion of these increases was offset by the decrease in U.S. imports of energy-related products from Vietnam in 2019. Vietnam's trade surplus decreased to USD 1.1 billion in October of 2021 from USD 2.94 billion in the same month a year earlier, mainly due to rising imports, preliminary data showed. The second lists top trade partners of Vietnam regarding import total (buying). The two-way trade expanded to US$56.45 billion (according to the GSO). Close. Trade (% of GDP) - Vietnam. Trade balance of Vietnam 2020. In the first half of 2019, Vietnam's trade surplus with the U.S. rose 39% to $25.3 billion. Aaron O'Neill. The statistic shows Vietnam's trade balance from 2010 to 2020. The country's total external trade in goods — or the sum of export and import goods — was $14.181 billion in October, down 12.8% from $16.256 billion last year. As a result Vietnamese exports to the U.S. increased 28% in the first three quarters of 2019. Country Investment Statistics Profile (Investment) December 19, 2018 . DataBank Microdata Data Catalog. Its overall score has increased by 2.9 points, primarily because of an improvement in fiscal health. The change in exports was -17.00 percent and the change in imports was 5.22 percent. Exports 2001-2020 - International trade in goods statistics by country - ITC. U.S. goods exports to Vietnam in 2020 were nearly USD 10 billion, slightly decreased from USD 10.9 in 2019 and an increase of 270 percent compared to 2010. Details may not equal totals due to rounding. Highest values. Analyse the year which . U.S.-Vietnam bilateral trade has grown from $451 million in 1995 to over $90 billion in 2020. Vietnamese officials say they're making good-faith efforts to trim it. Vietnam must take steps to reduce its trade deficit with the United States and open its market to more U.S. goods and services, U.S. Trade Representative Robert . Rank 2020 this month. Forestry Trade Flows (Forestry) June 19, 2019 . Bekkers et al. Vietnam, Imports of goods and services as percentage of GDP is 103.60 %. Show all statistics (14) National finances. Bilateral trade increased by nearly 32% in 2019, and the U.S. trade deficit with Vietnam rose to nearly $56 billion, an increase of 42% over 2018. (2020) explore the two trade balance closures in more detail, in a study of alternative trade balance closures in dynamic baselines. China (22 %) is the largest import destination, followed closely by trade among ASEAN countries (22 %). Vietnam joined the WTO in January 2007 and concluded several free trade agreements in 2015-16, including the EU-Vietnam Free Trade Agreement (which the EU has not yet ratified), the Korean Free Trade Agreement, and the Eurasian Economic Union Free Trade Agreement. The economy has also been benefiting from supply-chain shifts from China as firms seek to avoid U.S.-China trade war tariffs. Vietnam's total trade with the United States was $9.01 billion in September, a change of 3.15 percent from the same month one year ago. Given the recent trade war between China and the US, alongside Vietnam's recent CPTPP ratification, and the signing of the EU-Vietnam FTA, the country is steadily becoming more open to international trade and investment.. Since then, with the exception of 2009, China's . Second, the U.S. may be distracted by the trade war, which is a possible benefit for Vietnam that has . Table reflects only those months for which there was trade. Net Exports for Vietnam from General Statistics Office of Vietnam for the GDP release. Graph and download economic data for Balance of Payments: Total Net Current Account for Vietnam (VNMBCABP6USD) from 2016 to 2024 about Viet Nam, current account, BOP, and Net. Trade between the UK and Vietnam 16.Vietnam is the UK's 39th largest trading partner, accounting for 0.4% of total UK trade of total UK trade.1 Total trade in goods and services between the UK and Vietnam was £5.8 billion in 2019.2 17.In 2019, UK exports to Vietnam were £862 million, making it the UK's 66th largest export Market Value: 47,430 (millions) - Last Updated: June, 2019 Merchandise Trade statistics data for Vietnam (VNM) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. But Thailand is preparing for trade negotiations with the EU in the second half of 2019. Imports After a brief decline in exports in 2009, due to the global recession, China's exports increased every year through 2015. Commodity Balances (non-food) (Food Balances) January 17, 2018 minor revision. National debt of Vietnam 2026 . Vietnam Service Trade data from WDI 2019. Since 1995, China has been recording consistent trade surpluses which from 2004 to 2009 has increased 10 times. Vietnam's Membership in International Organizations

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