Rapidly rising imports caused a reversal in the trade balance, shifting from a surplus to a deficit of $3.64 billion. The US remained the largest export market, with a turnover of $39.03 billion, while China was the largest source of imports at $50.10 billion—far outpacing other markets.
The infographic below illustrates Vietnam's top 10 export and import markets in the first quarter of 2026.
This structure highlights Vietnam's continued reliance on a few key partners: exports are concentrated in major consumer markets like the US, whereas imports originate primarily from Asian manufacturing hubs, particularly China.
Source: https://tuoitre.vn/saigontimes/top-10-thi-truong-co-hoat-dong-xuat-nhap-khau-lon-voi-viet-nam-qui-1-2026-1061219239.htm