Vietnam records world-highest trade surplus with US, surpassing Mexico, China

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In January, Vietnam recorded the largest trade surplus with the United States at $19 billion, surpassing both Mexico and China, according to recent US data. This shift occurred as Vietnam's exports to the US increased by 53% year-over-year, exceeding $20 billion. Simultaneously, US imports from China experienced a significant drop of 46%. Vietnam's trade surplus with the US has been growing, exceeding China's since the second quarter of 2025 and reaching $178 billion for the entire year. The large trade gap is a key factor in ongoing trade negotiations between Hanoi and Washington, where disagreements persist over tariff rates on Vietnamese goods.
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