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Vietnam's Trade Surplus with U.S. Surpasses Mexico, China

3/14/2026

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Story summary
  • Vietnam achieved its largest trade surplus with the United States (U.S.) in January, surpassing Mexico and China, according to U.S. data.
  • The rise in Vietnamese exports coincided with a decline in Chinese shipments to the United States.
  • Vietnam has been negotiating a trade deal with Washington for several months.
  • No agreement has been finalized because of the significant trade gap and disputes over proposed U.S. tariff rates on Vietnamese goods.